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Crown eco capital management
1. Crown Eco Capital management
Helping our firms by cutting energy costs
2. CROWLEY Carbon is located in the magnificent
Powerscourt House and Gardens in Enniskerry, Co
Wicklow. Set up in 2009, by Norman Crowley, the company
helps businesses and organisations reduce their energy
usage.
It's not Norman Crowley's first enterprise. In fact, this is
the fourth business he has set up. He even made enough
money from the sale of his first company to enable him to
retire. That was when he was only 29. He later set up and
sold a further two businesses before establishing Crowley
Carbon.
I am fascinated to learn what drives him, what special
ingredient he has that seems to guarantee success in
business and why he has chosen the energy-efficiency
sector for his latest venture.
3. "Crowley Carbon is a new type of energy-services company," Norman
explains. "We have developed a new heating boiler system and building
management software which, together, dramatically improves efficiency and
can help reduce energy usage in buildings, by as much as 80 per cent.“
Norman explains that he has worked hard to assemble some of the brightest
and most experienced staff in the industry. "Some of these guys are literally
geniuses within the energy-reduction sector," Norman tells me proudly.
The company seems to have identified a real need in the marketplace. "Irish
companies are increasingly competing in a global market, and against
products from countries where energy and other costs are much lower. So
Irish businesses now have to focus proactively on reducing their own energy
costs if they want to remain competitive," he says.
4. Some of the company's current customers include Vodafone, Dawn Meats,
Pfizer, Johnson & Johnson and Intel. They are also beginning to work with
schools, universities, hospitals, hotels and government departments.
"The Government is spending €850m on energy within schools, hospitals and
government departments," Norman tells me. "We believe we could
dramatically reduce that figure using our cutting-edge technologies.“
With offices in Ireland, the UK and Australia, the company currently employs
40 full-time staff globally. This figure regularly increases, to as many as 150,
depending on the number and type of projects the company is working on.
The company's turnover has been growing steadily too, and this year it will
see revenues cross €30m.