Nick pascoe
Malmesbury, WIL (UK)
Role(s):
North East Energy
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Startup
Location:
Malmesbury
Industry:
Energy
Year Founded:
2007
Number Employees:
INVALID
Description:
NEE is an Energy project development business developing renewable biomass and sustainable waste fired power stations in several European countries. It’s vision is to open 500MWe capacity by end 2012, primarily in the 2-10MWe scale.
**** IMPORTANT *****
NEE is offering an unusual degree of certainty to a seed investor in that it already holds success fee based engagement letters from E&Y and Piper Jaffray for a £10M private Placing, target Q3 '08. Consequently, we’re confident to offer a £500k seed round investor a floor of 2 times the investment at the point of 1st round close alongside a cap of 8 times. In addition we offer a PUT option at IRR 50% valid from 2 to 4 years alongside a CALL option for NEE at IRR 60% valid from 2 to 3 years.
Over 3 years NEE has researched and engage