Inspired Energy Acquisition

 | Nov 20, 2015 04:34AM ET

Inspired Energy (L:INSEI) has announced the acquisition of STC Energy and Carbon Holdings (STC), an energy bureau, billing and management service provider. STC will broaden INSE’s service offering and geographical reach. We believe the acquisition could enhance INSE’s earnings in FY16 and the additional growth indicates potential share price upside.