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    Evolvence Capital

    PE/Buy-Out · (United Arab Emirates)

    PE/Buy-Out
    Series B
    Series C
    Climate

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    About

    ELIPS is A joint venture between Emirates Central Cooling Corporation (Empower), the largest district cooling service provider in the region, and A Danish based Logstor, a leading provider of pre-insulated pipes and innovative thermal solutions. The manufacturing facility is located in Jabel Ali Industrial Area No. 1, Dubai & spread over 92,817m². The manufacturing plant is state of art with foaming machines operated by Robots which insulate & jacket Pipe ranging from 50 mm up to 2000 mm. The pre-insulated pipes manufactured at ELIPS are used in energy-efficient transportation of liquid for district cooling & heating, oil & gas, solar, marine and industrial projects.

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    Investment Criteria

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    Min. Ticket Size
    $10,000,000
    Max. Ticket Size
    $50,000,000
    Min. Revenue (ARR)
    $5,000,000
    Investment Stage
    Series B
    Series C
    Focus Areas
    Regions
    South Asia
    Southeast Asia
    Africa
    Asia-Pacific

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