Trident Energy Limited

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Trident Energy Limited - overview

Established

2003

Location

Glasgow, Scotland, UK

Primary Industry

Power & Utilities

About

Trident Energy develops advanced technology for the offshore renewable energy sector, focusing on innovative systems that capture energy from tidal and wave action to enhance renewable energy efficiency. Trident Energy specializes in offshore renewable energy solutions, particularly through their patented tubular linear generator technology. Founded in Glasgow, UK, the company has been involved in 5 deals, with its most recent deal dated July 2, 2014, when it was acquired by Mosman Oil & Gas Ltd. The CEO, Steve Packard, leads the firm as it continues to target advancements in energy conversion systems.


Trident Energy specializes in developing advanced technology for the offshore renewable energy sector, primarily focusing on innovative power take-off systems. Their flagship product is the patented tubular linear generator, which efficiently captures linear motion generated by tidal and wave action, enhancing energy conversion efficiency. Additionally, the direct drive power take-off system offers a reliable alternative to traditional methods, serving offshore wind farm operators and marine energy infrastructure entities primarily across Europe and North America. In the most recent year, Trident Energy reported a revenue of GBP 3,726.


6 mn with an EBITDA of GBP 0. The company operates a revenue model based on partnerships with offshore renewable energy developers, entering B2B arrangements to supply proprietary technologies like the tubular linear generator and direct drive power take-off system, often through licensing agreements or direct sales. Trident Energy plans to launch several new products aimed at enhancing renewable energy generation, with specific designs currently under development for release in the near future. The company is also targeting expansion into new markets in Europe and North America by the end of the next fiscal year.


The recent funding of GBP 440,000 will be utilized to support these initiatives, bolstering their capacity to innovate and penetrate these growing markets.


Current Investors

Turquoise International, Scottish Enterprise

Primary Industry

Power & Utilities

Sub Industries

Power Generation Equipment & Services

Website

www.tridentenergy.co.uk

Verticals

Clean Technology

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Trident Energy Limited - financials

Fiscal Year EndedDec 31, 2011Dec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)-----2,750-------
% Revenue Growth (YoY)-------------
EBITDA (USD)(275,603)(428,724)(544,599)(280,631)(74,663)(121,483)-------
Operating Income (USD)(294,261)(449,505)(564,949)(302,442)(96,255)(131,210)-------
Operating Margin-----(4771.3%)-------
% EBITDA Margin-----(4417.6%)-------
NET Income (USD)(294,324)(449,504)(564,949)(302,564)(91,107)(134,188)-------
% Net Margin-----(4879.6%)-------

Trident Energy Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedTrident Energy Limited-
Unspecified RoundCompletedTrident Energy Limited-
Unspecified RoundCompletedTrident Energy Limited-
GrantCompletedTrident Energy Limited-
GrantCompletedTrident Energy Limited-

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Trident Energy Limited - employee data

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