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Entrepreneur - New Business
Investors needed for Renewable Solar projects with feed In tariffs in place
Posted by:
rashid wahab
on 6/22/2010 6:03:35 AM
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Funding Needed
:
Above $1mil
Category:
Energy / Natural Resources
Website :
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Location :
London,
All,
United Kingdom
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Description:
We are a company focused on energy consumption management, energy generation and Carbon emission management. We have been operating since 2008 and undertake Renewable Energy & Energy efficiency projects in the UK and South Africa.
We are looking to roll out 1000 homes with solar PV solutions in the UK. the UK government has legislated a feed in tariff for all energy produced from these panels guaranteed for 25 years. The income from these panels will be paid to us over this period for onward payment to the client.
We require funding to rollout the PV solutions which we have to pay for upfront. The income stream generated will have a payback period of 10-12 years. We are looking to raise £15m (in whole or incremental). The income stream is estimated at £1m per annum. We have all professionals in place to design, procure and install the Solar installations.
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