Proven Energy

Proven Energy offers a variety of electrical services, including residential, commercial, and off-grid solar, and electrical fitting.

Backed by

Low Carbon Accelerator

Raised 3.33M HYBRID on October 7, 2009

About

Proven Energy designs, engineers, and manufactures small-scale, high-performance wind turbines and focuses on product development and sales acceleration for distributed renewable energy markets.

Mission

Proven Energy manufactures small-scale, high-performance wind turbines. The company focuses on product development to drive rapid growth in sales. Proven Energy received new funding and equity restructuring from Low Carbon Accelerator. Low Carbon Accelerator is a London, AIM Market-listed investment company that invests in fast-growing low carbon businesses. The transactions included a £1.5m cash funding and the conversion of £600,000 of existing loans into equity. After these moves LCA holds an 81% controlling stake and a total equity investment of £9,250,000. Proceeds are earmarked to further develop the company’s products and support accelerated sales growth.

Quick Facts

Founded

2012

Funding

HYBRID

Industry

Energy, Solar

Team Size

11-50

Headquarters

Toowoomba, Queensland, Australia

Careers

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Proven Energy

https://jobs.ashbyhq.com/provenenergy

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