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15.860 €

Settled by the promoter

RIBUL

Location Pin Svg
Oliveira de Azeméis, PT

instalment

monthly

term

4 years

a year

4.4%

rating

B-

PV plan for self-consumption in RIBUL, Portugal's oldest shirtmaker

Description

Financing self-consumption photovoltaic solar power plant of 72 solar panels with a total 19,80 kWp capacity for RIBUL, the oldest shirtmaker in Portugal. Financing target was set for the sum of 15 860,00€.

The Impact

The yearly estimate of solar energy produced is about 25MWh, which, when obtained through the panels, equals to the non-emission of 7 tons of CO2, which is the same positive impact generated by the plantation of around 300 trees.

Impact Indicators

Metrics Svg

5,7 t

CO2 avoided per year

Metrics Svg

25

MWh clean energy

Sustainable Development Goals

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The Promoter

About RIBUL, Lda.

RIBUL, LDA. is the oldest shirt producer in Portugal. Founded in 1943, the company produces high quality shirts, pyjamas and underwear. Located in Oliveira de Azeméis (in the North of Portugal), RIBUL has improved its facilities in order to optimize its activity and improve the work environment and conditions in order to keep up with the industry changes and to always meet the market needs and exigence.

Business Model

RIBUL, LDA. is the oldest shirt producer in Portugal. The company produces high quality shirts, pijamas and underwear. All their production (2000 pieces/day), is subjected to an extreme inspection by quality control department. Ribul is endowed with highly qualified employees in their respective departments, all work to maintain high quality standards.

Active since

1943

Fiscal country

PT

Operating In

Oliveira de Azeméis

Industry

Textile

Number of Goparity Loans

1

Women Shareholders

No

Updates

2023-09-28

Project End

This project has successfully reached its payments plan maturity. All investors have received their full capital invested and interest. Nevertheless, its impact will keep growing for many more years!

2020-09-25

Project Update

The promoter has confirmed that 100% of the investment received has been used.

2019-12-31

Project implemented and in operation

The promoter has confirmed that the solar panels have been installed and that the project is operating. 

2019-10-26

1st payment

First instalment was paid to all the investors

2019-09-19

Open for investment

2019-09-19

100% funded

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