Active mandate
Description
Project Ray is a leading UK renewables specialist in commercial solar PV, offering a complete turnkey solution from consultancy, in-house design and engineering, to procurement, construction and O&M.
With over 16 years experience, the business now focuses on large-scale solar for businesses and industry, as well as associated products like solar carports, batteries and electric vehicle chargers.
The business has established a scalable delivery platform with the rights skills and unique expertise, a highly experienced team and long standing supply partners. The business also has long term framework agreements with customers, and many recurring clients.
Multiple factors are leading to a perfect storm in the industry, with increased global focus on renewables and solar energy. The business currently has a growing pipeline of over £18 million revenue and is forecasting c£16 million revenue and c£2.3 million EBITDA in the current year.
Deal team
Members of this deal.
Deal announcement
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