Nick Royle
London (UK)
Role(s):
Armaec Energy UK Ltd.
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Startup
Location:
London
Industry:
Energy
Year Founded:
2008
Number Employees:
INVALID
Description:
Armaec UK Limited (“Armaec”) is a renewable energy company incorporated in the United Kingdom developing wind farms in emerging markets across the world. Wind energy sector is experiencing high growth as demand for clean, safe energy is on an increase globally. Increasing demand for energy due to the high growth of economies, supportive regulatory framework and good wind speeds make countries like Armenia, India and South Africa favourable countries to develop wind farms.
The company is aiming to develop several wind farms in these countries with a total capacity of 1,500 MW by 2015. This would attract a total investment of circa £1.5 billion.
Each wind farm will have an output capacity of 100MW and will be ring fenced in a separate limited company (“Company”) incorporated in the cou