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Transactions - DECEMBER 16, 2019

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Dalrada acquires cutting-edge Scottish green energy company

by Released

Dalrada Financial Corp. has acquired Scotland-based low carbon, green energy company Likido Limited. The move comes amidst the company’s accelerated strategic global expansion, along with adding capabilities to its already developed manufacturing and engineering solutions.

Likido manufactures high-temperature industrial heat pumps that provide heating and cooling without combustion. Likido aims to reset the world’s expectations for industrial heating and cooling by replacing traditional water heaters, steam boilers, chillers and cooling towers, and reduce energy consumption and carbon emissions by over 75 percent. Likido technology provides one of the few recognized routes to achieving zero carbon emissions in the heating and cooling sector. Likido systems use a nontoxic, nonflammable, environmentally inert, CFC/HFC-free “natural working fluid.”  The technology is future proof, enhancing the energy efficiency of both fossil and renewable power sources by only using 2

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