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Solar Projects Company Investment Opportunity in Male, Maldives

Solar EPC and PPA contractor based in the Sunny Maldives seeks investment for new projects.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 2 million
Run Rate Sales USD 3.9 million
EBITDA Margin 31 %
Industries Solar Projects
Locations  Male
Local Time 6:50 AM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.23 million for 40.0% stake (Native Currency: MVR 19,000,000)
Reason: For new project funding and accelerated growth. There are upcoming projects of over USD 25 million i... View More
Includes physical assets worth USD 26 thousand
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Business Overview
- Established Solar EPC and PPA contractor based in Malé, specializing in solar energy projects for the hospitality sector.
- Currently managing projects valued at USD 4.2 million.
- Actively engaged in two ongoing solar EPC projects, reinforcing our footprint in the renewable energy market in the Maldives.
- Anticipating the signing of a new ten-year Power Purchase Agreement (PPA) within the month, positioning the business for sustained revenue.
- Each solar project typically requires an investment of approximately USD 2 million, with an average project duration of under 15 months.
- Successfully completed two solar projects to date, showcasing our capability and commitment to delivering results.
- Employs a core team of 7, supplemented by 20 to 30 temporary labourers as per project demands, ensuring operational flexibility and scalability.
- Positioned to leverage the growing demand for sustainable energy solutions in the Maldives, offering attractive short-term returns and promising long-term growth potential for investors.
- Business has taken on new projects that resulted in an increase in sales this year. More projects are in the pipeline.
Products & Services Overview
Solar EPC projects.
Solar PPA long-term contracts.
Clients are private and government companies and hospitality businesses who are interested in solar projects.
Assets Overview
As we are a contractor, our main assets are equipment and tools.
Facilities Overview
Have a rented office in Male, Maldives.
Capitalization Overview
- Bootstrapped company since start and looking for a funding partner.
- This company is a subsidiary of another business that has 2 partners. One owns the majority stake.
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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.
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