Heliex Power has been recognised for the Vibes 'Environmental Product or Service' award category and have a sustainable business model in practice. The organisation employs around 30 people and is based in East Kilbride, Scotland.
In 1995, the founder of Heliex Power raised funds to buyout the shareholders of Leyland DAF, saving 450 jobs. Within a year he had taken the organisation from a failing company to a company with £85 million in turnover and a £3 million profit (Helix Power, 2015)
In 2016, the organisation again achieved profits of £3 million with total investment from BP, Scottish Investment Bank and Greencoat to £16.2 million to date (Scotsman, 2016)
Heliex Power completed a recent manufacturing contract, which saved the client £175,000 per year, making the payback for the expensive equipment just a short period of 2.5 Years. (Heliex Power, 2015) This short payback period has encouraged many new clients to approach Heliex Power.
The small company shipped 30 products last year across the world including countries such as Austria, Switzerland and Ireland and operate a turbine at the Royal Alexandria Hospital in Paisley, Scotland (Scotsman, 2016)