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

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...