Projects

Solar for Social

100% Confirmed Amount = € 26.000,00
Reserved Amount = € 0,00
€ 26.000,00
100% Funded
7 yr

term

4.5%

a year

2 mth

grace period

monthly

instalment

B

rating

sustainable_energy

Sustainable energy

12. Responsible Consumption and Production

SDG 12. Responsible Consumption and Production

9. Industry, innovation and infrastructure

SDG 9. Industry, innovation and infrastructure

7. Affordable and Clean Energy

SDG 7. Affordable and Clean Energy

Solar energy for self-consumption for two social solidarity institutions.

Impact

Reduced dependence on carbon-based fuels, avoiding the emission of CO2: with an estimated production of 49,2 MWh, the photovoltaic system will avoid the emission of 10 tons of CO2, the equivalent to planting 454 trees.

Cost reduction for the social solidarity institutions: decentralized electric energy production, near the consumption location, reduces the distribution costs making the option for renewable energy more cost-competitive than resorting to the national grid. This reduction on electricity costs will allow the institution to invest the savings in improving its social care services. Also, the decreased dependence on the national grid makes the company less vulnerable to price fluctuations.

Project Information

The aim of this campaign is to finance two photovoltaic plants for self-consumption in two Social Solidarity Institutions: Centro Social de Margem, in Gavião, a small town in Alento, Portugal, and Centro de Dia e Lar de Nossa Senhora da Graça de Degolados, in Campo Maior, a small town in the same region.

The two solar power plants will have a total power of 34,9kWp installed which will produce 49,2 MWh of clean energy per year.

The installation and operation of the solar panels will be carried out by Pleno Energia, a Portuguese energy commercialization and energy services company which will also be the project’s promoter and owner of the solar panels, as well as the energy producer and trader.

A PPA (Power Purchase Agreement) has been signed between the promoter and the two institutions. A PPA is a long-term agreement (in this case, 12 years) with a fixed price, for the purchase and sale of clean energy established between a renewable energy producer (in this case Pleno Energia) and the entity that consumes electricity (in this case, the institutions). The two institutions will therefore reduce their consumption energy from the national electricity grid and will start consuming energy from the panels to be installed.

In turn, Pleno Energia will sell the energy at a 20% discount for a period of 12 years after the installation of the panels. After this period, the panels will become the property of the institutions.

Financial Viability

During the first 12 years following the installation, the panels shall be owned by Pleno Energia, which will produce the energy and sell it at a 20% discount. After this period, the power plants will be bought by the end-users, which will achieve significant energy savings in face of the current consumption and, consequently, reduce their electricity costs.

100% Funded
7 yr

term

4.5%

a year

2 mth

grace period

monthly

instalment

B

rating

sustainable_energy

Sustainable energy

12. Responsible Consumption and Production

SDG 12. Responsible Consumption and Production

9. Industry, innovation and infrastructure

SDG 9. Industry, innovation and infrastructure

7. Affordable and Clean Energy

SDG 7. Affordable and Clean Energy

Solar energy for self-consumption for two social solidarity institutions.

100% Confirmed Amount = € 26.000,00
Reserved Amount = € 0,00
€ 26.000,00

Impact

Reduced dependence on carbon-based fuels, avoiding the emission of CO2: with an estimated production of 49,2 MWh, the photovoltaic system will avoid the emission of 10 tons of CO2, the equivalent to planting 454 trees.

Cost reduction for the social solidarity institutions: decentralized electric energy production, near the consumption location, reduces the distribution costs making the option for renewable energy more cost-competitive than resorting to the national grid. This reduction on electricity costs will allow the institution to invest the savings in improving its social care services. Also, the decreased dependence on the national grid makes the company less vulnerable to price fluctuations.

Project Information

The aim of this campaign is to finance two photovoltaic plants for self-consumption in two Social Solidarity Institutions: Centro Social de Margem, in Gavião, a small town in Alento, Portugal, and Centro de Dia e Lar de Nossa Senhora da Graça de Degolados, in Campo Maior, a small town in the same region.

The two solar power plants will have a total power of 34,9kWp installed which will produce 49,2 MWh of clean energy per year.

The installation and operation of the solar panels will be carried out by Pleno Energia, a Portuguese energy commercialization and energy services company which will also be the project’s promoter and owner of the solar panels, as well as the energy producer and trader.

A PPA (Power Purchase Agreement) has been signed between the promoter and the two institutions. A PPA is a long-term agreement (in this case, 12 years) with a fixed price, for the purchase and sale of clean energy established between a renewable energy producer (in this case Pleno Energia) and the entity that consumes electricity (in this case, the institutions). The two institutions will therefore reduce their consumption energy from the national electricity grid and will start consuming energy from the panels to be installed.

In turn, Pleno Energia will sell the energy at a 20% discount for a period of 12 years after the installation of the panels. After this period, the panels will become the property of the institutions.

Financial Viability

During the first 12 years following the installation, the panels shall be owned by Pleno Energia, which will produce the energy and sell it at a 20% discount. After this period, the power plants will be bought by the end-users, which will achieve significant energy savings in face of the current consumption and, consequently, reduce their electricity costs.

Plenoenergia, Lda

Solar energy for everyone.

Active since
2019
Fiscal Country
Portugal
Operating in
Portugal and Spain
Industry
Renewable Energies
GoParity Loans
3
About Plenoenergia, Lda

Founded in 2017 (officially in 2019 as Pleno Energia) by Paulo Ribeiro and Eurico Sobral, Pleno Energia is a small company operating in the renewable energy sector, headquartered in Carnaxide, district of Lisbon.

The company is part of the Joyn Group, a technological company with over 400 employees and 20 years of experience in consulting in the banking, insurance, and energy industries, among others.

In the construction sector, the company will possess construction licenses for public and private works, as well as a projects office which will be responsible for the licensing, architecture projects, and specialties.

In 2017, Pleno Energia was founded as an energy marketer and, since 2019, it is also dedicated itself to providing other energy services, from energy efficiency (LED lighting) to the installation and maintenance of solar panels for self-consumption, and energy coating projects.

The company intends to expand its business with the goal of “bringing solar energy to all”, growing its offer to small facilities, targeting individuals, rural tourism, and social organizations (mostly private social solidarity institutions).

The Business Model

The company’s product and services catalog includes:

  • Heating systems: sale, installation, and servicing of thermal solar panels, heating solar kits, and heat pumps.

  • Solar energy: technical evaluation to assess energy consumption and site characteristics, installation of panels, monitoring of the licensing and certification process with the Directorate-General for Energy, and monitoring, operation, and maintenance after the installation.

  • Energy efficiency: engineering project, construction, sale, and installation of LED lighting for retail, industry, and housing.

  • Electric mobility: sale of slow and semi-fast charging equipment in partnership with evolut also part of the same group.

Track Record

Founded in 2017 by Eurico Sobral, Pleno Energia currently has 5 direct employees and has an international network of employees in Portugal, Spain, and Brazil, with around 90 operations to support the energy regeneration of companies.

It also has its own technical team specialized in the installation of solar photovoltaic plants, and an engineering team that develops and implements solar and similar energy solutions for its customers.

Currently, its client portfolio is composed mainly of companies, but also counts a number of private individuals, with projects located from North to South of Portugal, and an aggregated installed capacity of circa 900 kW. The company is also expanding its operations to Spain.

Between 2019 and 2020, Pleno Energia has installed the solar panels of the following projects financed by GoParity: Landal I, Landal II, Bright Future Ramada, Solar Nursing Home, and Solar Metalworks Leiria. Nevertheless, this is the first time the company will play the role of project promotor, as well as that of the installer.

In 2021, the promotor resorted to GoParity as a financing partner for its first project in line with the ESCO (Energy Service Company) model. These contracts’ financial model is based on an initial investment which is conducted by Pleno Energia itself.

Its remuneration consists of the positive balance between the estimated energy savings and the effective measured savings. There is therefore a guarantee of performance for the contracting authority which ensures a decrease in its energy costs when comparing with normal circumstances. In other words, the contract’s budgetary impact is always positive, since the energy service company (ESE) takes on the risk of having to pay any costs exceeding the costs established contractually.

Promoter Rating: B

Guarantees

This project is guaranteed with the pledge of the equipment installed. The loan will be made to Pleno Energia, which assumes its risk.

Plenoenergia, Lda

Solar energy for everyone.

Active since
2019
Fiscal Country
Portugal
Operating in
Portugal and Spain
Industry
Renewable Energies
GoParity Loans
3
About Plenoenergia, Lda

Founded in 2017 (officially in 2019 as Pleno Energia) by Paulo Ribeiro and Eurico Sobral, Pleno Energia is a small company operating in the renewable energy sector, headquartered in Carnaxide, district of Lisbon.

The company is part of the Joyn Group, a technological company with over 400 employees and 20 years of experience in consulting in the banking, insurance, and energy industries, among others.

In the construction sector, the company will possess construction licenses for public and private works, as well as a projects office which will be responsible for the licensing, architecture projects, and specialties.

In 2017, Pleno Energia was founded as an energy marketer and, since 2019, it is also dedicated itself to providing other energy services, from energy efficiency (LED lighting) to the installation and maintenance of solar panels for self-consumption, and energy coating projects.

The company intends to expand its business with the goal of “bringing solar energy to all”, growing its offer to small facilities, targeting individuals, rural tourism, and social organizations (mostly private social solidarity institutions).

The Business Model

The company’s product and services catalog includes:

  • Heating systems: sale, installation, and servicing of thermal solar panels, heating solar kits, and heat pumps.

  • Solar energy: technical evaluation to assess energy consumption and site characteristics, installation of panels, monitoring of the licensing and certification process with the Directorate-General for Energy, and monitoring, operation, and maintenance after the installation.

  • Energy efficiency: engineering project, construction, sale, and installation of LED lighting for retail, industry, and housing.

  • Electric mobility: sale of slow and semi-fast charging equipment in partnership with evolut also part of the same group.

Track Record

Founded in 2017 by Eurico Sobral, Pleno Energia currently has 5 direct employees and has an international network of employees in Portugal, Spain, and Brazil, with around 90 operations to support the energy regeneration of companies.

It also has its own technical team specialized in the installation of solar photovoltaic plants, and an engineering team that develops and implements solar and similar energy solutions for its customers.

Currently, its client portfolio is composed mainly of companies, but also counts a number of private individuals, with projects located from North to South of Portugal, and an aggregated installed capacity of circa 900 kW. The company is also expanding its operations to Spain.

Between 2019 and 2020, Pleno Energia has installed the solar panels of the following projects financed by GoParity: Landal I, Landal II, Bright Future Ramada, Solar Nursing Home, and Solar Metalworks Leiria. Nevertheless, this is the first time the company will play the role of project promotor, as well as that of the installer.

In 2021, the promotor resorted to GoParity as a financing partner for its first project in line with the ESCO (Energy Service Company) model. These contracts’ financial model is based on an initial investment which is conducted by Pleno Energia itself.

Its remuneration consists of the positive balance between the estimated energy savings and the effective measured savings. There is therefore a guarantee of performance for the contracting authority which ensures a decrease in its energy costs when comparing with normal circumstances. In other words, the contract’s budgetary impact is always positive, since the energy service company (ESE) takes on the risk of having to pay any costs exceeding the costs established contractually.

Promoter Rating: B

Guarantees

This project is guaranteed with the pledge of the equipment installed. The loan will be made to Pleno Energia, which assumes its risk.

Payments Status: On time

2021-03-19

100% funded

199 investors successfully raised 26.000€

2021-03-12

Open for investment

This campaign will help avoid the emission of 10 tons of CO2 per year

Payments Status: On time

2021-03-19

100% funded

199 investors successfully raised 26.000€

2021-03-12

Open for investment

This campaign will help avoid the emission of 10 tons of CO2 per year