A-Round Initial Closing and Pricing for Helio Energia Announced

A-Round Initial Closing and Pricing for Helio Energia Announced
Fortalezza, Brazil, August 31, 2015 --(PR.com)-- Helio Energia Holdings SA, and its Brazilian affiliate, Helio Projetos em Energia Renovavel Ltda ("Helio" or the "Company"), a Brazilian solar services provider that develops and finances solar systems for commercial and industrial customers, is pleased to announce it has reached agreement with a lead investor with respect to the pricing of it’s A-Round of round of financing at $1,319 per share. As part of the initial closing, Helio raised approximately US$2.9 million of equity. The A-Round valuation was based upon a US$7.0 million pre money valuation and brings the aggregate capital raised to US$4.3 million
.

The A-Round remains open on the same terms and the Company is in negotiations on additional subscriptions from qualified companies and individuals.

The proceeds from the A Round Financing will be primarily used for development and ownership of commercial and industrial solar systems in Brazil, as well as working capital purposes.

PKF Lawler (WA) Pty Ltd (“PKF”) and GMP Securities Europe LLP (“GMP”) are advising the Company on the fund raising.

About Helio

Helio Energia Holdings SA and its Brazilian operating company subsidiary Helio Projetos em Energia Renovavel Ltda dba Helio Energias Energias Renováveis (“Helio”) is a Brazilian solar services provider focusing on the development and ownership of solar systems for commercial and industrial customers. Helio’s approach is to install high quality energy systems to international engineering standards, while making the switch to solar simple, easy and affordable for its customers. Helio delivers a clean, sustainable, and affordable alternative to the regulated energy rates in Brazil. Currently, Helio is a nationwide provider with a particular emphasis on the Northeastern part of Brazil from its headquarters in Fortaleza, Ceara. For more information, visit Helio at www.helioenergia.net or www.helioenergiasrenovaveis.com.br

Investor Relations Contacts: 

Dale A. Vander Woude
dale@helioenergia.net

Tamara Barreto Cidade
tamara@helioenergia.net

Rua Vicente Linhares 500, Sala 507, Fortaleza/CE
Phone: +55 (85) 3077-3045 / 3077-3044

Caution Regarding Forward-Looking Information
Certain statements contained in this document, are "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is necessarily based on a certain number of estimates and assumptions, which while considered plausible by the management when they are made, are inherently subject to significant commercial, economic and competitive risks and uncertainties. We advise investors not to rely unduly on forward-looking information. The Company further declines any intention or obligation to publicly update this forward-looking information, whether due to new information, or future or other events, unless required by applicable law.
Contact
Helio Energias Renovaveis
Tamara B Cidade
+1-646-455-8570
www.helioenergiasrenovaveis.com.br
Dale A. Vander Woude
dale@helioenergia.net
+1 646 321 0306
ContactContact
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