Please find below a business development and funding update from Megawatt Mosaic.
- Currently we are validating about 100 land plots alongside 15 critical high voltage substations.
- About 40 land plots close to the 15 substations have been qualified (environmental risks, natural hazards, man made infrastructure restrictions, evacuation lines, site access for trucks, etc).
- Initial electrical engineering and BESS project implementation has started.
- When minimum funding level is reached, we will launch a wave of grid requests for the most economically attractive projects (averaging one project per week).
For investors, it is worth remembering that each site developed by Megawatt Mosaic could lead to an installation of BESS and Solar whose CAPEX is between £30M – £250M per project.
Our outreach programme via Seedrs was launched on 24th November, and so far we have had an excellent response to the campaign. Accordingly we expect to hit our target and overfund.
There is still space on the priority investor list and we are looking for as many investors as possible so please don’t hesitate to express your interest.
Here’s why you should join us
We can make a difference
Megawatt Mosaic analyses electricity nodes in Southern Europe through their proprietary software. We complete three feasibility studies to ascertain BESS and Solar project viability. Megawatt Mosaic will then be commissioned by third parties to develop, and potentially construct and operate those projects.
Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future. No communications about any campaigns on Seedrs you receive from Seedrs or the fundraising business, through email or any other medium, should be construed as an investment recommendation.
This email has been approved as a financial promotion by Seedrs Limited and is sent by Megawatt Mosaic Ltd.
Seedrs Limited is authorised and regulated by the Financial Conduct Authority. Seedrs Limited is a limited company, registered in England and Wales (No. 06848016), with registered office at Churchill House, 142-146 Old Street, London EC1V 9BW.