Low Carbon Accel Ltd - Investment Update.

(From AFX CNF)

RNS Number:4000Q Low Carbon Accelerator Limited 31 January 2007 31 January 2007 Low Carbon Accelerator Limited Investment Update: Proven Energy Low Carbon Accelerator Limited ("the Company" or "LCA") announces that it has significantly increased its equity holding in Proven Energy Limited ("Proven Energy") through a follow on equity investment of AGBP2.0 million and the purchase of share interests from existing shareholders with an acquisition value of AGBP2.5 million. The Company now holds an aggregate equity stake of 25% in Proven Energy following the transfer to the Company of the initial equity investment for AGBP650,000 on LCA's admission to AIM. Proven Energy is a profitable, trading company and a market leader in small-scale, high-performance wind turbines. Proven's clients include Shell, for whom it provides …