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Solar & Alternative Energy Company
Location: Jamaica -> Jamaica
Industry: Business Services > Other Services

Business Summary

Solar / Alternative Energy Company in Jamaica that has been in business from 2013 – 2018 , is selling shares to raise capital for debt consolidation and expansion capital. Jamaica is positioned to be 30% renewable by 2020. This is a great opportunity for any investor to be a part of this growing industry.
Jamaica's energy sector is at a crossroads. Currently, the country depends on petroleum imports for over 95% of its electricity generation, bringing enormous economic and environmental costs and necessitating a transition to a more sustainable energy system. In 2011, Jamaica spent 15% of its GDP on petroleum imports. Electricity prices for Jamaican residents are among the highest in the world, at around 40 U.S. cents per kilowatt-hour, having more than doubled between 2005 and 2011 as a result of rising global oil prices and electricity grid losses. The high price of electricity is a major barrier to Jamaica's economic development and a leading cause of business failure in the country.

The reliance on fossil fuels for power generation also results in high local pollution and healthcare costs and contributes to global climate change.

Call 876 3713532 / 9547408689


Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2013
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Konnexx services
Reason For Selling:  Raise capital for debt consolidation

Print Listing Id: 700317968
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