↩ Go Back
Need help?

Renewable Energy Equipment Company Seeking Loan in Dundee, United Kingdom

Marine consultants and surveyors are seeking funds for developing the prototype of a zero-carbon self-sustaining sea train.

Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 75 thousand
EBITDA Margin 30 - 40 %
Industries Renewable Energy Equipment + 1 more
Locations  Dundee
Local Time 1:34 PM Europe / London
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 2.5 million for 8.0% annual interest, 3 years (Native Currency: GBP 2,000,000)
Reason: We have acquired most of the technology and are currently in the prototype development phase. These... View More
Collateral Available: USD 13 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Company involved in providing various services in the marine sector has developed a novel modular ship. Green design for zero carbon global delivery of cargoes, that will address climate change issues and achieve zero carbon emissions in the marine supply chain.

- Currently, we are in the prototype development phase and are working towards finalizing the end-user experience. Our technology makes it possible to power the self-sustaining sea train by a combination of wave energy, wind energy, solar energy, and green Hydrogen.

- Allowed by request we have developed the design concept and an online demo version to see the design, including tank testing data.

- Have planned more applications using our innovative power generation technology which can be integrated into the fields of desalination, hydrogen generation as well as medical oxygen production.

- Revenue model: users will be charged a licence fee to use the technology in addition there will be O&M contracts as well as a 2.5% royalty on every kW of power generated.

- Marketing plan: aim to promote our technology on social media platforms including industry platforms like the Marine Technology Society, Institute of Marine Engineering, Science and Technology, Institute of Engineering Technicians, Royal Institute of Naval architects and the International Institute of Marine Surveying all of which the founder is a member of.

- The founder has 35+ years of experience in the industry and is a Chartered Engineer registered with the UK Engineering Council.

- Company is registered in Scotland, the United Kingdom, and members of the technical team are based in India, Singapore, Cyprus, and Thailand. The company is a one-man show with the technical team being hired on an ad-hoc basis.

- We witnessed a drop in our sales as the founder is unable to go onsite due to travel restrictions.

Products & Services Overview

Marine warranty services, marine assurance services, mooring analysis, marine software development, dynamic positioning audits, failure mode and effect analysis, electrical system design, technical and operations consultancy, ship design and development.

Assets Overview

Business does not own any physical assets.

Facilities Overview

Running the business from a home-based office, we will provide financials on connection. I can relocate the business to Europe, Asia, or the USA if needed.

Capitalization Overview
Not Disclosed
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

4 Investors viewed this Business this month.
Register below to connect now!

Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more