25/08/2016

New Jobs Created By Co Down Renewable Energy Firm

Renewable energy firm SALIIS, based in Carryduff, Co Down, has announced that it is to create up to 15 new jobs after securing a £500,000 loan.

The Growth Loan Fund provides loans to established Northern Ireland SMEs seeking to access growth finance.

Michael Burke, Managing Director of SALIIS, said: "We have worked extensively across Great Britain and Ireland providing renewable and energy efficient services to public and private sector clients.

"One of the biggest projects we've worked on to date was installing 14,000 solar panels on the roof of Bombardier last year. The project was worth €4.8m (£4m) and was the first rooftop solar installation in Ireland.

"The backing from the Growth Loan Fund is a major confidence boost for the business. We have a significant pipeline of work for the coming 12 months and would hope to be recruiting for a number of new positions over the coming year. The new jobs will be a mix of technical, sales and operation positions."

Jenna Mairs, Investment Manager at WhiteRock Capital Partners, said: "SALIIS has achieved a remarkable turnover in a very short period of time. They identified a gap in the renewable energy market and have positioned themselves as a leading provider.

"The company's rapid growth was an attractive proposition for the Growth Loan Fund. Helping Michael and his team finance the next phase of the company’s growth was a logical decision."

(CD/MH)

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