Prolectric Services, a UK-based supplier of off-grid renewable energy solutions, raised £2.75m in financing.
Specialist SME lender Shawbrook Bank provided the financial resources.
The company intends to use the funds to accelerate growth plans, which will include increasing its provision of a “green” alternative to traditional diesel fuelled lighting systems.
Prolectric Services provides solar lighting, power and security solutions to some of the largest infrastructure, rail and construction projects across Britain. Prolectric provides a monitoring and control portal to a solid customer base including tier one firms such as Skanska, Balfour Beatty and Costain Kier. The companty has also worked closely with the likes of Network Rail, Highways England and major property developers in the mould of Persimmon and Taylor Wimpey.
High profile projects include the Hinkley and Sellafield nuclear sites and earlier this year its products were chosen to enable the construction and running of the NHS Nightingale Hospitals in London and across the UK to prepare for the impact of Covid-19.
FinSMEs
11/01/2020