Well established Company of Solar Systems
The company is specialized in importing, warehousing, engineering and the construction of solar systems in Costa Rica with affiliates in Panama and Colombia. As one of the few it offers the solution from design up to installation and maintenance. This also includes financing solutions (leasing). Target customers are in the commercial, industrial, and residential sector. Sales in 2018 were US$ 1.9 million with an EBITDA of 9%. The company has permitted close to 20% of all solar grid tied system of Costa Rica in the past 8 years.
As solar is growing 23% year to year, this is the opportunity to step into a well-established solar systems company. Next, as the company started operations in Panama and (recently) Colombia, it offers substantial growth opportunities.