Panasian Power
Private Equity Round in 2019
Panasian Power PLC is an energy company based in Colombo, Sri Lanka, that specializes in generating and supplying clean, renewable energy. Founded in 2002, the company operates several hydropower and solar power projects. Its hydropower segment includes three mini hydropower plants: the Rathganga project with a capacity of 3 megawatts, the Manelwala project at 2.4 megawatts, and the Padiyapelella project at 3.5 megawatts. In addition to hydropower, Panasian Power also manages rooftop solar projects, including a 400-kilowatt installation in Boralesgamuwa and an 800-kilowatt setup in Kohuwala and Kolonna, along with a 1-megawatt ground-mounted solar project. The company primarily contributes to the national energy grid, emphasizing its role in the renewable energy sector.
Cleanline Linen Management
Private Equity Round in 2016
Cleanline Linen Management (Pvt) Ltd. is a company based in Colombo, Sri Lanka, that specializes in providing comprehensive laundry services to hotels and other institutions within the hospitality sector. The company operates a centralized laundry processing facility, offering a full cycle of services that includes the collection of soiled food and beverage linens, bedroom linens, pool linens, and uniforms, followed by washing, pressing, and delivery of the cleaned items back to clients. Cleanline Linen Management emphasizes environmentally sustainable practices that surpass regulatory requirements, ensuring responsible operations while meeting the high standards expected by its clients.
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