EcoLogicLiving Secures £500k Investment

EcoLogicLiving Ltd, a Carlisle, UK-based reseller and installer of renewable energy, heat and power generation technologies across the Cumbria, Lancashire and the Scottish Borders, secured a £500k investment from The North West Fund for Energy and Environmental (NWF4EE).

The company intends to use the funding to expand its team in order to increase its reach across the North West. EcoLogicLiving currently employs 17 staff alongside a network of specialist subcontracted engineers and a growing team of sales representatives.

Founded in 2008 by husband and wife team Islam and Judy Pearson, the company designs, installs and services a wide range of lower environmental impact systems for home and business owners.

The NWF4EE is managed by CT Investment Partners and is part of the £185m North West Fund, which is provided jointly by the European Investment Bank (EIB) and European Regional Development Fund (ERDF).

FinSMEs

25/04/2012

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