Heat infrastructure

Essential heating infrastructure.25-year contracted cash flows.

GI Group will build, own and operate biomass heating systems for municipalities and large public buildings. The client pays one fixed fee for 25 years. No upfront cost.

What we are

A utility,
not a startup.

GI Group is building a portfolio of company-owned heating assets. The customer buys heat as a service. GI Group keeps the infrastructure and the contracted cash flow.

01GI finances the assetNo upfront customer capex
02GI owns and operates itInstallation, fuel and maintenance stay inside the model
03The customer pays for heatOne fixed fee over a 25-year contract
01 / The model

Heat becomes infrastructure. Infrastructure becomes contracted cash flow.

One system, one owner-operator, one fixed fee. The physical flow of heat and the business flow of the contract stay visible in the same diagram.

Heat as a Service

Zero upfront cost.

GI Group finances the system, installs it, owns it and maintains it. The public institution keeps paying a fixed heating fee. The asset and the long-term contracted cash flow stay with GI Group.

01

Fuel production

GI controls the fuel-production layer that supplies the heating portfolio.

One integrated heating systemPellet production feeds storage and delivery, then an on-site boiler room supplies a public building. Above, a 25-year contract returns the customer's fixed heating fee to GI, the asset owner and operator. PHYSICAL FLOW / HEAT BUSINESS FLOW / CONTRACTED FEE GI GROUPOWNER / OPERATORAsset + contracted cash flow 25-YEAR CONTRACTFIXED HEATING FEECUSTOMER → GI / RECURRING FEE CUSTOMERPUBLIC BUILDINGNo upfront capex RAW INPUTDRYER / PROCESSPELLET PRESSOUTPUT 01 / PRODUCTION FUEL STORAGELOADING / DELIVERY02 / LOGISTICS ON-SITE BOILER ROOM / GI-OWNED ASSET HOPPERPELLET BOILERBUFFERCONTROLSPUMP 03 / HEATING INSTALLATION SUPPLY →← RETURN INSULATED ENVELOPE04 / CLIENT BUILDINGOFFICES / CLASSROOMS · WARM INTERIOR ZONES FUEL → ON-SITE CONVERSION → USEFUL HEATSYSTEM SCHEMATIC / NOT TO ENGINEERING SCALE

One continuous system. Select a stage to explore.

02 / The problem

The market must convert.
The customer cannot fund the conversion upfront.

Public institutions already budget for heat every year. What many cannot fund is the upfront replacement of heating systems, windows and insulation.

GI changes the capital structure. The customer keeps paying for heat while GI finances and owns the new infrastructure.

Cutaway of an operational older public building, with lit classrooms, aging windows, uninsulated masonry and an existing basement boiler. HEATING SYSTEM WINDOWS INSULATION
CURRENT HEATING BUDGET
UPFRONT RETROFIT CAPITAL
GI FINANCES & OWNS THE ASSET
NO UPFRONT COST TO THE CUSTOMER
03 / Why now

A market that must convert, and cannot pay for it.

Legacy infrastructure. Approaching deadlines. An upfront-capital barrier.

Regulation creates the deadline.
GI removes the upfront barrier.

THE INSTALLED BASE 90M+

Gas & oil boilers still installed in the EU

REGULATORY HORIZON2026 → 2033
  1. FIRST TRIGGER2028

    EU carbon price on heating fuels

  2. 203016%

    EU rules require renovation of the worst-performing non-residential buildings by 2030

  3. 203326%

    EU rules extend the renovation requirement to 26% by 2033

THE GI RESPONSE
€0

Upfront cost
to the customer

04 / Traction

Seven years of groundwork before the first institutional euro.

What exists on paper today, and what Stage 1 is designed to prove next.

On paper today

DOCUMENTED
  • LETTERS OF INTENT106,500 m² total
  • GOVERNMENT LOI · Government of Republika Srpska LOI

    47 public buildings 100,000+ m²

  • REGISTRATIONGI Group d.o.o. registered
  • FEASIBILITY · 20222022 feasibility study
  • OFFERSMachinery / supplier / construction offers

Not on paper yet

OPEN
  • Signed customer contract
  • GI Group operating revenue
  • Signed fuel-supply agreement
  • Signed construction agreement
  • Signed burner-supply agreement
  • Land ownership document
05 / Economics

One asset. Twenty-five years of contracted cash flow.

INITIAL CAPITAL €26,500

Average project investment

Representative investment. Actual projects can vary materially by retrofit scope.

ANNUAL ASSET ECONOMICS
€16,000

Annual customer fee

−
€6,800

Operating cost

=
€9,200

Annual gross profit

CONTRACT LIFE

25 years

2.9 years

Payback

22.1 years after payback

Post-payback contracted margin period

06 / Market opportunity

A production base next to Europe’s heating demand.

Bosnia and Herzegovina is the Phase 1 hub. The plan adds a second production facility in Serbia in Stage 2, followed by 15 European target markets in Stage 3.

Two regional hubs, positioned close to Europe’s heating demand. A phased expansion strategy built on geographic proximity.

TAM / EUROPEAN DEMAND€80BAnnual EU heating spend
Curved European geography viewed from the Adriatic, with Bosnia and Herzegovina and Serbia highlighted in copper and fifteen target markets in muted teal. GI expansion from Bosnia and Herzegovina through Serbia to 15 European target markets Bosnia and Herzegovina is the Phase 1 hub. Serbia is the planned Stage 2 hub. Copper pulses illustrate planned access to the fifteen Stage 3 European markets. Routes are illustrative, not an operating or contracted logistics network. CROATIA SLOVENIA AUSTRIA HUNGARY ITALY SWITZERLAND SLOVAKIA CZECH REPUBLIC ROMANIA BULGARIA GERMANY POLAND LUXEMBOURG BELGIUM NETHERLANDS BOSNIA &HERZEGOVINAPHASE 1 HUBSERBIASTAGE 2 HUB · PLANNED

Swipe or scroll to explore the map

01 Bosnia & HerzegovinaPHASE 1 HUB02 SerbiaSTAGE 2 HUB · PLANNED03 15 European target marketsSTAGE 3 · PLANNED EXPANSION

Illustrative expansion and market access. Not an operating or contracted logistics network.

Stage 3 / Explore the 15 target markets
  • Italy
  • Switzerland
  • Austria
  • Romania
  • Slovenia
  • Bulgaria
  • Hungary
  • Slovakia
  • Czech Republic
  • Poland
  • Germany
  • Luxembourg
  • Belgium
  • Netherlands
  • Croatia
2026 BIOMASS SEGMENT€5–7B

Biomass heating segment

SAM / ADDRESSABLE MARKET€1.5–2B

DACH, Balkans and Eastern Europe

SOM TARGET5%

≈6,500 contracts · €75M+ annual revenue

07 / The ask

€7M now. Stage 1 of a €37.2M plan.

€7M

Seed round · first 12 months

Stage 1 of a €37.2M equity programme

Intended to build the first production facility, secure raw materials and logistics, close 30+ projects covering 30,000+ m² and fund 12 months of operations.

Planned use of Stage 1 capital

Phase 1 production facility
€2.95M
Core team payroll
€0.50M
First 30 installations & HQ buildings
€2.00M
Marketing & business development
€0.10M
G&A / legal / software / contingency
€0.15M
Working capital
€1.30M
Total Stage 1 allocation
€7.00M
08 / Team

Twenty years together. No learning curve.

CEO

Aleksandar Ilišević

20+ years in M&A, strategy and operations.

Financial leadership

Edis Hadžimušović

Chartered Public Accountant and Registered Auditor.

CTO

Igor Babić

Large-scale technical projects and Six Sigma Green Belt.

Operations

Danijela Rakić

ISO auditing, certifications, risk control and daily operations.

AI & Marketing

Predrag Babić

Branding, B2B growth and digital sales pipelines.

Finance

Prof. Elvis Mujkić

Accounting, auditing and financial strategy.

Investor questions

Clarity before commitment.

What does the customer pay for?

The customer pays one fixed heating fee. GI finances and owns the on-site heating infrastructure and manages operation and maintenance throughout the 25-year contract. The customer does not fund the new infrastructure upfront.

What is documented today?

Current evidence includes Letters of Intent covering 106,500 m², the Government of Republika Srpska LOI, company registration, the 2022 feasibility study and machinery, supplier and construction offers. LOIs are not signed customer contracts. GI Group does not yet have operating revenue or a signed customer contract.

What is the current capital raise intended to build?

The €7M seed round is Stage 1 of a €37.2M equity programme. It is intended to fund the first production facility, team, first 30 installations and HQ buildings, business development, working capital and 12 months of operations. Stage 1 outputs are future objectives, not current traction.

Is the project investment the same for every building?

No. €26,500 is an average / representative project investment. Actual projects can vary materially by retrofit scope.

Is the European network already operating?

The map shows illustrative expansion and market access, not an operating or contracted logistics network. Bosnia and Herzegovina is the Phase 1 hub, Serbia is the planned Stage 2 hub, and Stage 3 targets 15 European markets.

How can I discuss the opportunity or request information?

Contact Aleksandar Ilišević for investor enquiries, or request Data Room access.