ESG, Circular Economy, Renewables + Algae Protein production + Carbon Credits DEVOLOPMENT project in Europe seeking up to $12 Million ($8 Mil funded out of $20 Mil)

By Jinu
Posted On: 16 / Feb / 2023
0 1176

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Renewables / Environment
Charge

Deal Status

Active

Deal Description

'SIT' a BVI compnay is raising $12 out of $20 Mil for the completion of an Algae Biomass farm - development, construction and operation - in Poland. This site also includes Renewable Energy production and use of Carbon Credits. 

High Growth, Positive impact Sector.

$12 Million EBITDA targeted in 2024.

55% construction of the flagship facility is completed.

When fully completed the facility will include: lab, office building, conference building, algae processing building, cogeneration container, water filteration building, biogas facility, solar panels and algae ponds.

No Files Attached

Deal Value
₹ 95.88 Crore
Targeted Region
Europe

Revenue

2022-23
Undisclosed
2023-24
Undisclosed
2024-25
Undisclosed
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