Prolectric Services: Raises £2.75M in Financing

  • Prolectric Services, a UK-based supplier of off-grid renewable energy solutions, raised £2.75m in financing
  • Specialist SME lender Shawbrook Bank provided the financial resources
  • The company intends to use the funds to accelerate growth plans
  • Prolectric Services provides solar lighting, power, and security solutions to some of the largest infrastructure, rail, and construction projects across Britain
  • Prolectric provides a monitoring and control portal to a solid customer base including tier one firms such as Skanska, Balfour Beatty, and Costain Kier
  • The company has also worked closely with the likes of Network Rail, Highways England, and major property developers in the mould of Persimmon and Taylor Wimpey
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

New York Finalizes BNPL Rules to Strengthen Consumer Protections

New regulations aim to enhance transparency in buy now, pay later services.Highlights: New York's final regulations for BNPL...

Visa Accelerates AI Leadership in Payment Industry Race

Visa's push for AI supremacy shapes the future of financial technology.Highlights: Visa increases investment in AI technology.The payment...

Tokenization Set to Transform Financial Services Industry, Survey Finds

New survey highlights the rising importance of tokenization in finance.Highlights: A new survey shows rising interest in tokenization...

New Dataset Launch Strengthens UK Financial RegTech Sector

A comprehensive tool for mapping the UK RegTech landscape has been unveiled.Highlights: A new dataset has been launched...