sustainable_energy svg
100%
37.500 €

100% funded by 520 investors

Solar Cork

Location Pin Svg
Ílhavo, Aveiro, PT

instalment

monthly

term

5 years

yearly interest

7.26%

risk rating

C+

Solar self-consumption energy system for a cork factory.

Description

Teixeira Tech specializes in building machinery and processing equipment for the cork industry, with a focus on moving towards more sustainable production practices.

This campaign aims to fund the installation of solar panels, to achieve energy self-sufficiency and reduce the company's environmental impact.

The project includes a photovoltaic plant for self-consumption, with a power output of 80kW/80.5kWp and a anual production of 106.3MWh.

The Impact

Direct  

  • Contribution to the decarbonization of Portugalavoiding CO2 emissionsWith a total production of clean energy of over 106 MWh per year, the solar plant will avoid the emission of about 9 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 416 trees. 
  • Cost reduction for the end customer: decentralized energy production through renewable sources, close to the place of consumption, helps to avoid distribution costs, this being the most competitive option. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges. 

 Indirect 

  • Promoting sustainable business: the project developed for Teixeira Tech is an example of the applicability of solar power for any business, and in this case serves as a benchmark to similar industries, an important step towards sustainability for businesses in Portugal.

Impact Indicators

Metrics Svg

9,14 t

CO2 avoided per year

Metrics Svg

106,3

MWh clean energy

Sustainable Development Goals

7 image
9 image
13 image

Financial viability

The maturity of the loan was calculated to ensure that the monthly installments are paid using savings on the electricity bill.

PDF Logo Svg

Download the Financial Statements for the promoter here

PDF Logo Svg

Download Key Investment Information Sheet

Security SVG
Guarantees

Loans granted to the promoter TEIXEIRA TECH, S.A. by investors will have the following guarantees, provided for in the loan agreements associated with the campaign:

• 1st degree Commercial Pledge of assets (photovoltaic system to be installed).

The Promoter

About TEIXEIRA TECH,SA

Teixeira Tech is a company in the cork industry that specializes in providing solutions and equipment for grinding, screening, calibrating, classifying, drying, and treating cork granules. The company operates from a 10,000 m² industrial facility in Aveiro, with various departments dedicated to engineering and management. Their technical team is diverse, with expertise in mechanical and electrical engineering, industrial design, and automation. 

Founded on October 17, 2014, Teixeira Tech brings nearly five decades of industry experience. The company embraces a family-oriented approach, employing 60 people, 20% of whom are degree holders. Their partnerships with universities in the Industry 4.0 field enable them to enhance filtration systems and industrial drying processes. Additionally, Teixeira Tech is involved in other industrial sectors, such as metalworking, where they design, manufacture, and install a range of electromechanical equipment.

Business Model

Active since

2014

Fiscal country

PT

Operating In

"Portugal"

Industry

Technology

Number of Goparity Loans

1

Women Shareholders

No

Updates

2024-10-16

First payment

First instalment was paid to all the investors

2024-09-14

100% funded

517 investors successfully raised 37.500€

2024-09-06

Open for investment

This campaign will help avoid the emission of 9 tons of CO2 per year

Sign up to our newsletter and stay up-to-date on our investment opportunities