The Business Model
Our Power begins the installation of the photovoltaic plant on the roofs of New Vision, which will be leased by this company to Our Power for 15 years. During this period, Our Power sells the power generated by the photovoltaic plant to the grid; after 15 years, the plant’s ownership is transferred to New Vision, which will then fully benefit from the power produced on its roof.
New Vision is a partner in this project and a leading tech company specialised in the development of customer experience management solutions. It started operating over 15 years ago and is currently present in more than 35 countries. New Vision is a reference in its area of activity and has a portfolio of more than 6,000 clients, including companies such as Vodafone, the Registries Institute and CUF (Portugal), as well as Correos (Spain) and the Florida Bank (USA).
Risk minimization and guarantees
The stability of this project is ensured by the agreement already signed between Our Power and the grid, which guarantees the sale of the power generated by the power plant during these 15 years at a fixed feed-in-tariff, mitigating the risk of the energy market volatility.