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Sport Algés D.
100% Funded
6 yr
term
4.45%
a year
B-
rating
Sustainable energy
SDG 7. Affordable and Clean Energy
SDG 11. Sustainable Cities and Communities
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.
Attached Documents
100% Funded
6 yr
term
4.45%
a year
B-
rating
Sustainable energy
SDG 7. Affordable and Clean Energy
SDG 11. Sustainable Cities and Communities
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.
Attached Documents
SOLVASTO - PROJETOS E INVESTIMENTO, LDA
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-
Guarantees
This loan is secured with the pledge of the equipment.
SOLVASTO - PROJETOS E INVESTIMENTO, LDA
About SOLVASTO - PROJETOS E INVESTIMENTO, LDA
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-
Guarantees
This loan is secured with the pledge of the equipment.
Updates
Payments Status: On time
2018-10-10
Open for investment
2018-10-15
100% funded
2018-10-23
1st payment
Updates
Payments Status: On time
2018-10-10
Open for investment
2018-10-15
100% funded
2018-10-23
1st payment