Projects

Bio Green Woods

37,1% Confirmed Amount = € 55.706,39
Reserved Amount = € 0,00
€ 55.706,39 of € 150.000,00
11

days left

5 yr

term

5.85%

a year

12 mth

grace period

monthly

instalment

C+

rating

business_in_transition

Business in Transition

12. Responsible Consumption and Production

SDG 12. Responsible Consumption and Production

15. Life on Land

SDG 15. Life on Land

7. Affordable and Clean Energy

SDG 7. Affordable and Clean Energy

Construction of a last generation Biorefinery in Portugal.

Impact

Reduction of oil dependence by replacing it with more sustainable products: by contributing to the chemical industry with raw materials which are plant-sourced, through the use of biomass from forest waste (invasive species), BGW expects to capture its entire CO2 emissions, estimated at more than 8,000 tonnes.

Promotion of green and innovative chemicals: in Europe’s first third-generation bio-refinery, it will carry out an innovative and sustainable production, with total use of forest biomass.

Promotion of sustainable production and consumption:  in its bio-refinery, BGW will produce high-quality charcoal with a high rate of fixed carbon (environmentally friendly), gas which can be converted into electrical energy, and sustainably-sourced chemical liquids such as bio-oil (the production and consumption of these liquids assumes neutral or very limited CO2 emissions, compared to fossil fuels).

Fire prevention: the use of forest biomass for the conversion into electrical energy or others, duly regulated and directed, can contribute to reducing the fire risk since it will promote a more sustainable forest management and consequently will change the structure of forest stands and landscape.

Promotion of the forestry industry and its producers: the sustainable use of forest biomass creates conditions for improving the profitability of the forest. It increases its productivity and the value of the ligneous and non-ligneous materials resulting from the management of the forest stands. BGW will work with several local forest producers, enhancing the sustainable management of the forest and the quality of life of the producers.

Project Information

BioGreen Woods (BGW) aims to build the first state of the art bio-refinery in Portugal, through innovative technology, focused on environmental sustainability and productive processes. In this industrial unit, the company intends to produce:

  • High quality charcoal and biochar, with a high degree of fixed carbon, which is also environmentally friendly.

  • Liquid by-products, such as Liquid Smoke, Wood Vinegar, Methyl Acetate and Eucalyptol for the biochemical, food and cosmetics sectors.

This is the first campaign of a total financing goal of €1 million that the project promoter intends to raise with GoParity’s community. The funds raised will be used to secure the construction and acquisition of the bio-refinery equipment.

This project differentiates itself through the use of forest biomass from invasive species, contributing to a balanced forest management, as well as through its commitment to purchasing only certified wood.

BGW developed its innovative productive process through several years of R&D investment, culminating with the construction of pre-industrial prototypes with which it was able to perform several tests to validate its production ratios as well as business model. This process allows for the more efficient production of higher quality products, without the emission of greenhouse gases and healthier products. This results in gains for the final consumer, the environment and the investors.

The project is in line with the European trends in industry decarbonization, focusing its production on green processes, free of greenhouse gas emissions. The project also fulfills the criteria regarding total resource usage, reducing or even eliminating the waste arising from the productive processes. It is also presented as a solution to accelerate the energy transition and as an alternative to oil. BGW strongly endorses innovation and exports its production, creating value for the Portuguese and European economies, while contributing to the development of territories within the country.

This project is the first step towards the construction of the first bio-refinery in Europe, providing Portugal with the ability to export several final products resulting from this investment, or replacing imports, contributing to an improvement in its trade balance.

Financial Viability

BGW’s business plan illustrates that the loan can be repaid through the release of treasury cashflows. The project has a 12% IRR and a projected positive EBITDA in its first year of productive activity, as well as a positive EBIT projection in its second year in business.

11

days left

5 yr

term

5.85%

a year

12 mth

grace period

monthly

instalment

C+

rating

business_in_transition

Business in Transition

12. Responsible Consumption and Production

SDG 12. Responsible Consumption and Production

15. Life on Land

SDG 15. Life on Land

7. Affordable and Clean Energy

SDG 7. Affordable and Clean Energy

Construction of a last generation Biorefinery in Portugal.

37,1% Confirmed Amount = € 55.706,39
Reserved Amount = € 0,00
€ 55.706,39 of € 150.000,00

Impact

Reduction of oil dependence by replacing it with more sustainable products: by contributing to the chemical industry with raw materials which are plant-sourced, through the use of biomass from forest waste (invasive species), BGW expects to capture its entire CO2 emissions, estimated at more than 8,000 tonnes.

Promotion of green and innovative chemicals: in Europe’s first third-generation bio-refinery, it will carry out an innovative and sustainable production, with total use of forest biomass.

Promotion of sustainable production and consumption:  in its bio-refinery, BGW will produce high-quality charcoal with a high rate of fixed carbon (environmentally friendly), gas which can be converted into electrical energy, and sustainably-sourced chemical liquids such as bio-oil (the production and consumption of these liquids assumes neutral or very limited CO2 emissions, compared to fossil fuels).

Fire prevention: the use of forest biomass for the conversion into electrical energy or others, duly regulated and directed, can contribute to reducing the fire risk since it will promote a more sustainable forest management and consequently will change the structure of forest stands and landscape.

Promotion of the forestry industry and its producers: the sustainable use of forest biomass creates conditions for improving the profitability of the forest. It increases its productivity and the value of the ligneous and non-ligneous materials resulting from the management of the forest stands. BGW will work with several local forest producers, enhancing the sustainable management of the forest and the quality of life of the producers.

Project Information

BioGreen Woods (BGW) aims to build the first state of the art bio-refinery in Portugal, through innovative technology, focused on environmental sustainability and productive processes. In this industrial unit, the company intends to produce:

  • High quality charcoal and biochar, with a high degree of fixed carbon, which is also environmentally friendly.

  • Liquid by-products, such as Liquid Smoke, Wood Vinegar, Methyl Acetate and Eucalyptol for the biochemical, food and cosmetics sectors.

This is the first campaign of a total financing goal of €1 million that the project promoter intends to raise with GoParity’s community. The funds raised will be used to secure the construction and acquisition of the bio-refinery equipment.

This project differentiates itself through the use of forest biomass from invasive species, contributing to a balanced forest management, as well as through its commitment to purchasing only certified wood.

BGW developed its innovative productive process through several years of R&D investment, culminating with the construction of pre-industrial prototypes with which it was able to perform several tests to validate its production ratios as well as business model. This process allows for the more efficient production of higher quality products, without the emission of greenhouse gases and healthier products. This results in gains for the final consumer, the environment and the investors.

The project is in line with the European trends in industry decarbonization, focusing its production on green processes, free of greenhouse gas emissions. The project also fulfills the criteria regarding total resource usage, reducing or even eliminating the waste arising from the productive processes. It is also presented as a solution to accelerate the energy transition and as an alternative to oil. BGW strongly endorses innovation and exports its production, creating value for the Portuguese and European economies, while contributing to the development of territories within the country.

This project is the first step towards the construction of the first bio-refinery in Europe, providing Portugal with the ability to export several final products resulting from this investment, or replacing imports, contributing to an improvement in its trade balance.

Financial Viability

BGW’s business plan illustrates that the loan can be repaid through the release of treasury cashflows. The project has a 12% IRR and a projected positive EBITDA in its first year of productive activity, as well as a positive EBIT projection in its second year in business.

BGW, S.A.

Bio Green Woods

Active since
Fiscal Country
Portugal
Operating in
Industry
GoParity Loans
1
About BGW, S.A.

Bio Green Woods is a pioneering company in Europe in what regards the complete use of materials and energy. Based in Alvaiázere, Leiria, where it will also implement its first industrial wood bio-refining state-of-the-art plant. It currently employs 17 collaborators, 8 of which are part of the R&D department, illustrating the company's innovative capacity.

BGW has developed a charcoal production unit, through wood distillation, a unique and innovative method in Europe. This is an unprecedented technique which ensures more homogeneous and higher-quality products, through an environmentally clean process. The company also fully exploits all gases resulting from the pyrolysis process, including condensable gases for the production of by-products (vegetable tar and pyroligneous acid), and non-condensable gases such as energy, ensuring zero waste.

The company has as partners:

Geskasai, Lda – represented by BGW’s CEO, Sérgio Silva. With over 16 years of experience in international trade, Sergio was the forerunner of this project after several years of travel, studies and global analyses of the world market for charcoal, energy, bio-based chemicals and new materials. From the outset, Sérgio was the main and sole funder of the project, betting since the beginning on the development of industrial processes which would be materialized in the first large-scale industrial unit that is being built;

BlueCrow Capital – Private equity fund focused on green and blue economy (forest and sea) investments;

Pedro Ferreirinha – Mechanical engineer and responsible for the various patents submitted by the company during the R&D developments, Pedro has been part of the project since the creation of the concept, taking part in its development, from the design of the various prototypes ot the creation of the new industrial unit.

The Business Model

BioGreen Woods’ environmental commitment is based on its offering of a full range of 100% environmentally friendly and sustainable produced products, in search of a fairer balance between humanity and nature. The company aims to export the majority of its production, especially to countries such as Germany, USA, UK, Spain and France. All products will be made for sale to other industries, from the food sector to the chemical sector, except for the charcoal and briquettes which will be exported to distributors and retailers located mainly in Europe.

Track Record

The company entered in business in 2005, at the time under the name of Mercancia, mainly focusing on the trading of goods such as hygiene products, charcoal, etc. Since February 2014, the company has bet on R&D, looking to develop a reactor for the production of Vegetable charcoal which would be more technologically advanced than the existing offering in the market. Over the years the team has grown to meet the needs of its research activity, both in the chemical and engineering areas. The company’s R&D activity was carried out through partnerships with renowned European institutes such as VTT (Finland), TNO (Holland) and INCAR (Spain).

In 2019, with the transition to a form of publicly traded entity (S.A), and subsequent injections of capital and new partners joining, the name of the company changed to BGW, SA, adjusting to the new business concept that was intended to be implemented.

The company is still at an early stage and is building its first industrial unit. There have been several international contacts, in industries such as food, chemicals and retail.

Promoter Rating: C+

Guarantees

Equipment pledge

BGW, S.A.

Bio Green Woods

Active since
Fiscal Country
Portugal
Operating in
Industry
GoParity Loans
1
About BGW, S.A.

Bio Green Woods is a pioneering company in Europe in what regards the complete use of materials and energy. Based in Alvaiázere, Leiria, where it will also implement its first industrial wood bio-refining state-of-the-art plant. It currently employs 17 collaborators, 8 of which are part of the R&D department, illustrating the company's innovative capacity.

BGW has developed a charcoal production unit, through wood distillation, a unique and innovative method in Europe. This is an unprecedented technique which ensures more homogeneous and higher-quality products, through an environmentally clean process. The company also fully exploits all gases resulting from the pyrolysis process, including condensable gases for the production of by-products (vegetable tar and pyroligneous acid), and non-condensable gases such as energy, ensuring zero waste.

The company has as partners:

Geskasai, Lda – represented by BGW’s CEO, Sérgio Silva. With over 16 years of experience in international trade, Sergio was the forerunner of this project after several years of travel, studies and global analyses of the world market for charcoal, energy, bio-based chemicals and new materials. From the outset, Sérgio was the main and sole funder of the project, betting since the beginning on the development of industrial processes which would be materialized in the first large-scale industrial unit that is being built;

BlueCrow Capital – Private equity fund focused on green and blue economy (forest and sea) investments;

Pedro Ferreirinha – Mechanical engineer and responsible for the various patents submitted by the company during the R&D developments, Pedro has been part of the project since the creation of the concept, taking part in its development, from the design of the various prototypes ot the creation of the new industrial unit.

The Business Model

BioGreen Woods’ environmental commitment is based on its offering of a full range of 100% environmentally friendly and sustainable produced products, in search of a fairer balance between humanity and nature. The company aims to export the majority of its production, especially to countries such as Germany, USA, UK, Spain and France. All products will be made for sale to other industries, from the food sector to the chemical sector, except for the charcoal and briquettes which will be exported to distributors and retailers located mainly in Europe.

Track Record

The company entered in business in 2005, at the time under the name of Mercancia, mainly focusing on the trading of goods such as hygiene products, charcoal, etc. Since February 2014, the company has bet on R&D, looking to develop a reactor for the production of Vegetable charcoal which would be more technologically advanced than the existing offering in the market. Over the years the team has grown to meet the needs of its research activity, both in the chemical and engineering areas. The company’s R&D activity was carried out through partnerships with renowned European institutes such as VTT (Finland), TNO (Holland) and INCAR (Spain).

In 2019, with the transition to a form of publicly traded entity (S.A), and subsequent injections of capital and new partners joining, the name of the company changed to BGW, SA, adjusting to the new business concept that was intended to be implemented.

The company is still at an early stage and is building its first industrial unit. There have been several international contacts, in industries such as food, chemicals and retail.

Promoter Rating: C+

Guarantees

Equipment pledge

2021-04-20

Open for investment

This campaign is open for investment.

2021-04-20

Open for investment

This campaign is open for investment.