Update: 14th Jan 2013.
We have a scheduled meeting in late Jan with another funder to talk about the Free to Fit business model, and this funder has already raised £100 million for biomass investment, so exciting times ahead.
The company have partnered with one of the UK’s leading biomass boiler manufacturers and installers, with stable fuel supplies, and who between them have some 200 years experience in the boiler industry and meet all the DECC and regulatory requirements.
The Company has negotiated access to a fund of £10 million fund, that can be increased to £50 million, that we can access for the Free to Fit of biomass boilers. The business is now seeking an investment of £100k to begin trading.
The Free to Fund will provide the funds for the purchase and installation of the biomass boilers, the Free to Fit funder will receive the RHI revenue and the Company will receive a margin on each sale and installation completed.
Gross turnover year one is projected to be £2.3 million on just 16 installations, producing a gross profit of circa £460,000.
The Company has identified a number of particular market sectors that, along with the investment fund, will benefit under the Free Biomass Boiler model.
The market we have identified is has many suitable properties for the installation of a biomass boiler and as such we have put in place an introducer agreement with a leading procurement and advisory business, that works exclusively in the market sector that we have identified.
The Company will procure the sites,put in place the contract between the site and the investment fund,project manage the supply and installation of biomass boiler.
We are now seeking interested parties to invest in the business for the procurement of the sites supply, installation and commissioning of Biomass Boiler for the sites.
For more detailed information please email P.Smith Lawrence at biomassuk@gmail.com
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