My company is seeking a Series A Equity and/or Mezzanine debt investment of $3 - $5 million over the next two years to meet the growing demand for EV infrastructure in the Southeast US.
Koulomb focuses on high-margin, DC Fast Charging installations, using a scalable, standardized installation process and propelled by an experienced leadership team, each with over 10 years of renewable energy experience. Principals have experience running companies with revenues exceeding $50MM and taking renewable companies public via IPO.
This is a pure-play on public destination DC fast charging, and we expect the business to annualized returns of 40%+ over a ten-year period.
Koulomb enjoys light overhead expense structure given its affiliation with utility-scale solar EPC, Pure Power Contractors (top #20), which serves as its prime contractor allowing Koulomb to avoid carrying heavy fixed expense.
Koulomb earns revenue via point-of-sale payment from EV drivers using its machines.
Koulomb uses a referral network to grow sites within high-opportunity CRE and has secured an LOI with a major Shopping Center REIT, based on the following value proposition:
Fastest speed: Koulomb sources 180KW and 360KW chargers.
Best uptime: Koulomb has best-in-class operations and maintenance to maximize uptime.
Renewably sourced electrons: Koulomb purchases SRECs to back every KWh deployed.
Koulomb finances most of its installations with an existing Senior Debt facility and is seeking equity and/or mezzanine funding, a majority of which will be used as the equity component of each project’s financing.
Use of proceeds will be finalize first 35 stations (already under contract), generating $4MM in year up to over $30MM in year ten (as EV adoption grows).