He combines a detailed understanding across a wide range of clean technologies with the first hand experience of growing early stage businesses and delivering shareholder returns having been involved in the investment or management of over 25 businesses.
Prior to establishing Armstrong, Steve co-founded Low Carbon Investors Limited (LCI), a Guernsey based fund management company which advised Low Carbon Accelerator Limited, the AIM listed early-stage technology fund. Through its wholly owned subsidiary, Low Carbon Investors (UK) Limited (LCIUK) established with Downing LLP (Downing), the UK’s first dedicated feed-in-tariff fund, the Downing Low Carbon EIS and went on to advise Downing on the investment of more than £45m in feed-in-tariff projects in solar and wind assets.
Before establishing LCI, Steve had been a main Board member of Pursuit Dynamics plc, during which time it was the top performing small cap engineering stock on AIM; and of Sentec Ltd, the smart grid technology specialist, that became one of the fastest growing technology companies in Europe. Steve started his career in Qinetiq and managed a business unit commercialising advanced materials. He has a first class degree and PhD in Geophysics and Planetary Physics