OverviewSuggest Edit

Element Power is a renewable energy developer which acquires, develops, builds, owns, and operates a portfolio of wind and solar power generation facilities worldwide. Its activities include site selection, land acquisition, permitting, resource assessment, interconnection and transmission, project design and engineering, origination, financing, construction, and operation and maintenance. The Company serves landowners, communities, other developers, utilities, government entities, and equipment suppliers.

TypePrivate
Founded2008
HQLondon, GB
Websiteelpower.com

Locations

Element Power is headquartered in
London, United Kingdom

Location Map

Latest Updates

Employees (est.) (Oct 2019)41(-6%)
Revenue (FY, 2017)£1.7 M(+47%)

Key People/Management at Element Power

Mike ONeill

Mike ONeill

CEO
Nick Hexter

Nick Hexter

CFO
Tim Cowhig

Tim Cowhig

Director
Kevin ODonovan

Kevin ODonovan

Head of Power Projects
Peter Harte

Peter Harte

Engineering Director
Sean Maguire

Sean Maguire

Commercial Director
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Element Power Office Locations

Element Power has offices in London, Edinburgh, Greater London, Helsinki and in 5 other locations
London, GB (HQ)
42 Upper Berkeley St
Edinburgh, GB
3rd Floor, Ben Dearg Suite, Forsyth House, 93 George Street
Edinburgh, GB
Ben Dearg Forsyth House 93 George St
Greater London, GB
Meridien House 43 Upper Berkeley St
Helsinki, FI
5C Mannerheimintie
Helsinki, FI
7 Bulevardi
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Element Power Financials and Metrics

Summary Metrics

Founding Date

2008

Element Power total Funding

$183 m

Element Power latest funding size

$183 m

Time since last funding

8 years ago
Element Power's latest funding round in February 2012 was reported to be $183 m. In total, Element Power has raised $183 m
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Element Power Revenue

Element Power's revenue was reported to be £1.67 m in FY, 2017
GBP

Revenue (FY, 2017)

1.7m

Gross profit (FY, 2017)

131.0k

Gross profit margin (FY, 2017), %

7.9%

Net income (FY, 2017)

(2.5m)

EBITDA (FY, 2017)

620.0k

EBIT (FY, 2017)

596.0k

Cash (31-Dec-2017)

82.0k
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.6m1.8m2.3m2.2m3.2m3.6m2.7m1.1m1.7m

Revenue growth, %

10%(24%)

Cost of goods sold

1.7m2.1m2.2m3.0m3.3m2.4m1.5m1.5m

Gross profit

83.1k144.0k79.0k282.0k280.0k330.0k(317.0k)131.0k
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

375.0k232.0k543.2k94.0k317.0k537.0k358.0k123.0k53.0k82.0k

Accounts Receivable

109.0k1.0k1.0k10.0k

Current Assets

643.0k2.5m2.6m3.4m1.8m7.5m5.9m7.9m9.9m11.8m

PP&E

237.0k216.0k161.6k105.0k52.0k82.0k65.0k53.0k37.0k24.0k
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(1.5m)(1.2m)(1.3m)(55.0k)(123.0k)(497.0k)483.0k(197.0k)(5.0m)(2.5m)

Cash From Operating Activities

(330.0k)(3.4m)(742.0k)2.0m(400.0k)(7.6m)(3.2m)(4.5m)(1.5m)

Cash From Financing Activities

958.0k3.3m466.0k(1.6m)713.0k7.4m3.1m4.5m1.6m

Net Change in Cash

375.0k(143.0k)(449.0k)207.0k220.0k(179.0k)(239.0k)(72.0k)29.0k
GBPY, 2017

Revenue/Employee

29.5k

Financial Leverage

-1 x
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Element Power Online and Social Media Presence

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Element Power Frequently Asked Questions

  • When was Element Power founded?

    Element Power was founded in 2008.

  • Who are Element Power key executives?

    Element Power's key executives are Mike ONeill, Nick Hexter and Tim Cowhig.

  • How many employees does Element Power have?

    Element Power has 41 employees.

  • What is Element Power revenue?

    Latest Element Power annual revenue is £1.7 m.

  • What is Element Power revenue per employee?

    Latest Element Power revenue per employee is £40.7 k.

  • Who are Element Power competitors?

    Competitors of Element Power include MJP International, First National Energy and Eurus Energy Holdings.

  • Where is Element Power headquarters?

    Element Power headquarters is located at 42 Upper Berkeley St, London.

  • Where are Element Power offices?

    Element Power has offices in London, Edinburgh, Greater London, Helsinki and in 5 other locations.

  • How many offices does Element Power have?

    Element Power has 11 offices.