Open Projects

Sport Algés D.

100,0% €72.500,00 of €72.500
100% Funded
6 yr

term

4.45%

a year

B-

rating

sustainable_energy

Sustainable energy

7. Affordable and Clean Energy

SDG 7. Affordable and Clean Energy

11. Sustainable Cities and Communities

SDG 11. Sustainable Cities and Communities

13. Climate Action

SDG 13. Climate Action

PV plant for self-consumption with 142kWp

Impact

The estimated annual production is 230 MWh of clean energy, enough to cover 50% of their current consumption in natural gas. The project has an environmental impact equivalent to the reduction of the energy consumption of 98 Portuguese families.

Project Information

SOLVasto will install a photovoltaic power plant with a capacity of 142 kWp at the Sport Algés and Dafundo (SAD) club which will produce 230 MWh of solar energy per year. As a non-profit club, this project will enable SAD to achieve greater financial sustainability, which is extremely important in ensuring its success, and to set an example for thousands of young people by adopting clean and renewable energy technology.

100% Funded
6 yr

term

4.45%

a year

B-

rating

sustainable_energy

Sustainable energy

7. Affordable and Clean Energy

SDG 7. Affordable and Clean Energy

11. Sustainable Cities and Communities

SDG 11. Sustainable Cities and Communities

13. Climate Action

SDG 13. Climate Action

PV plant for self-consumption with 142kWp

100,0% €72.500,00 of €72.500

Impact

The estimated annual production is 230 MWh of clean energy, enough to cover 50% of their current consumption in natural gas. The project has an environmental impact equivalent to the reduction of the energy consumption of 98 Portuguese families.

Project Information

SOLVasto will install a photovoltaic power plant with a capacity of 142 kWp at the Sport Algés and Dafundo (SAD) club which will produce 230 MWh of solar energy per year. As a non-profit club, this project will enable SAD to achieve greater financial sustainability, which is extremely important in ensuring its success, and to set an example for thousands of young people by adopting clean and renewable energy technology.

SOLVASTO - PROJETOS E INVESTIMENTO, LDA

Active since
2016
Operating in
Évora
Industry
Sports
GoParity Loans
2
About SOLVASTO - PROJETOS E INVESTIMENTO, LDA

SOLVasto has a team with more than 10 years of experience in consulting and applied engineering in energy efficiency projects, managing the whole process since tailor made solutions to licensing, procurement, financing, monitoring and maintenance and operation of photovoltaic systems.

The Business Model

This project is a partnership between SAD and SOLvasto. The latter is the promoter of the project and the entity that will realize the investment of € 145,000, of which 50% is equity and 50% summoned by GoParity investors. 

Track Record

Between SOLvasto and SAD, a lease agreement was established for 15 years, after which the ownership of the plant is transferred to SAD. During this 15-year period, SAD and SOLvasto share the economic benefits of the project.

Promoter Rating: B-

Risk minimization and guarantees

This loan is secured with the pledge of the equipment. The credit with pledge fits in the category of guaranteed credit, being therefore an additional guarantee in the event of a general breach by the promoter.

SOLVASTO - PROJETOS E INVESTIMENTO, LDA

Active since
2016
Operating in
Évora
Industry
Sports
GoParity Loans
2
About SOLVASTO - PROJETOS E INVESTIMENTO, LDA
SOLVasto has a team with more than 10 years of experience in consulting and applied engineering in energy efficiency projects, managing the whole process since tailor made solutions to licensing, procurement, financing, monitoring and maintenance and operation of photovoltaic systems.
The Business Model

This project is a partnership between SAD and SOLvasto. The latter is the promoter of the project and the entity that will realize the investment of € 145,000, of which 50% is equity and 50% summoned by GoParity investors. 

Track Record

Between SOLvasto and SAD, a lease agreement was established for 15 years, after which the ownership of the plant is transferred to SAD. During this 15-year period, SAD and SOLvasto share the economic benefits of the project.

Promoter Rating: B-

Risk minimization and guarantees

This loan is secured with the pledge of the equipment. The credit with pledge fits in the category of guaranteed credit, being therefore an additional guarantee in the event of a general breach by the promoter.

Updates

Here you can find a history of the key milestones for this investment as well as any updates provided by the issuing promoter.

2018-10-10

Open for investment

2018-10-15

100% funded

2018-10-23

1st payment

Updates

Here you can find a history of the key milestones for this investment as well as any updates provided by the issuing promoter.

2018-10-10

Open for investment

2018-10-15

100% funded

2018-10-23

1st payment