Nualight
COMPANY: Highly efficient LED lighting for food retail displays
SECTOR: Energy Efficiency
Description
Nualight is a manufacturer of lighting fixtures for food retail displays. The company specializes in temperature-controlled environments where the heat created by traditional strip lighting adds significantly to cooling requirements and therefore energy bills. Nualight’s customers are both global food retailers and display equipment manufacturers.
Rationale
Nualight provides a cost-effective solution to energy reduction without any requirement for subsidy. It is an attractive proposition based on lower energy consumption, brighter displays and zero maintenance costs. Their products have a payback period of under three years.
ESB Novusmodus has provided capital for a major EU and US sales expansion and an expanded R&D programme to further enhance the range of products.