Manufacturer of biomass-based products to produce renewable energy seeks investment to start a new plant.

- We are looking to invest in an operational biomass-based product manufacturing company and are seeking investor partners for funds.
- The company that we have identified manufactures biomass ovens and biomass-based products to produce renewable energy.
- The new company has started operations, using biomass side products from the production of another company (and other sources) with its own developed machines to produce electricity and heat at the same time with very high energy efficiency rates (>90%) and lower cost (>55% cost savings versus natural gas).
- The current capacity of the plant is 10,000 tonnes annually and can produce 30,000 tonnes post obtaining funds.
- A new, much larger production site is almost finished, the machines and production certified with TüV-Süd accreditation. Annual revenue so far is EUR 3,68,400 but the capacity of the new production site and demand from customers across Europe suggests significant growth potential.
- Company is owned by a single director. The firm has a business loan of EUR 1 million.

- Manufactures and sells ovens, that use biomass to produce electricity and heat.
- The company also manufactures wood pellets and sells pellet boilers.
- Additionally, the company provides services like installation, maintenance, servicing, and repair of the oven.

Assets are made up of one factory, machines, raw materials, products in progress, and finished goods.