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Eocycle Closes £5.5 Million Financing to Accelerate Growth

26th July 2020

Eocycle recently announced the closing of new financing in the amount of 5.5 million.

This funding will be used to accelerate the companys growth and develop its global sales pipeline, which had already been amplified thanks to Eocycles recent merger with Belgian turbine maker XANT.

This financing will enhance the companys focus on export markets through direct sales and strategic partnerships, helping create a robust promotional and sales force. It also further increases the competitive advantage of our product offering in the form of continued technological development and innovation. This includes Eocycles Autonomy 25 solution, which offers users the option to add energy storage in the form of a battery, to the companys flagship EO25 wind turbine.

By virtue of its technical superiority, Eocycle wind turbines offer farms and other rural operators in the UK and around the world the possibility of reducing both their energy costs and their carbon footprint for decades, by producing their own electricity from a renewable source. Simply put, this is the sustainable electrification of rural communities. Eocycle offers a vertically integrated solution, including site development, turnkey construction, operations and in some cases, even financing.

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