Open Projects
Solar Prazeres da Terra
Share
250.000 €
100% funded by 2057 investors
instalment
monthly
term
6 years
yearly interest
5.7%
risk rating
B-
This campaign aims to fund an energy transition project for the Prazeres da Terra factory in Chaves.
Prazeres da Terra produces, among many other products, the traditional and famous Pasteis de Chaves, with IGP (Protected Geographical Indication).
The project includes a photovoltaic plant for self-consumption, made up of 400 460Wp panels, and will have a power output of 184Kw. The panels will be installed in a "Carport" format, to allow motor vehicles to park in the shade.
Direct
Indirect
CO2 avoided per year
MWh clean energy
The maturity of the loan was calculated in order to ensure that the monthly installments are paid by the savings generated on the electricity bill.
Download the Financial Statements for the promoter here
Download Key Investment Information Sheet
Loans granted to the promoter PRAZERES DA TERRA - PRODUÇÃO COM. EXPORTAÇÃO PRODUTOS REGIONAIS LDA by investors will have the following guarantees, provided for in the loan agreements associated with the campaign:
The promoter, PRAZERES DA TERRA is a company founded in 2006 in Chaves, Portugal, driven by the dream and knowledge of its managing partner Jorge Santos. Throughout its almost 20-year history, the project has grown steadily and won several awards and distinctions.
Prazeres da Terra is focused on the production and marketing of regional products, mostly savoury pastries, the most recognized product being the "Pastel de Chaves" with IGP (Protected Geographical Indication).
The company began its partnership with the SONAE group (one of Portugal's major multinationals) two years ago, selling Pastel de Chaves to Bagga stores. In 2009, due to its growth, Prazeres da Terra moved their headquarters to the Chaves Business Park.
In 2015, Prazeres da Terra was awarded the IGP certification, which acted as a lever to broaden its range of partners and clients, including large groups - such as Pingo Doce, Aldi, Lidl, El Corte Inglês, and Auchan - and references in the restaurant and hotel sector - such as Ibersol, Casa dos Frangos and the Solverde Group.
To mark a closer presence in its host city, Prazeres da Terra opened its store in Rua Maria Rita, in Chaves in 2021. Today, it is a reference point for locals and visitors who want to try Pastel de Chaves or other products produced by Prazeres da Terra and its partner companies.
Committed to innovation, food safety, and sustainability, in 2023 the company began expanding its production unit and acquiring new equipment, as well as launching an app to sell items such as freshly made Pasteis de Chaves, under the motto "Fresh and Good".
A resident of Chaves, who has crossed diverse areas in his professional career. His passion for his hometown and regional history led him to start his biggest project - Prazeres da Terra. Adding to being a partner and manager, his commercial flair has led him to explore the company's potential more and more.
With a degree in Management and Public Administration, Daniela sees Prazeres da Terra as an opportunity to grow professionally and apply all the knowledge she has acquired previously. Organized, autonomous, creative, and responsible, she uses teamwork as a way of quickly achieving a greater number of goals.
Prazeres da Terra's main activity is the production, sale and export of regional products, with an emphasis on puff pastry, quiches, Portuguese bolas and folares.
Prazeres da Terra has two distinct lines: Prazeres da Terra and Sr. Pastel, a premium line sold in several stores. In partnerships with large retail groups, Prazeres da Terra also develops tailored product lines.
Orders are received via email or through their platforms, and the products are distributed via a subcontracted transport company. In another segment, customers via the Horeca channel can place their order via email or call, and most deliveries are made by an in-house transport fleet. With the launch of the Prazeres da Terra app, new sales channels emerged, and purchases can be made digitally, requiring only in-store pick-up.
Internationally, Prazeres da Terra has customers in the Netherlands and hopes to cover new markets over the next few years.
When it comes to sourcing raw materials, consumables, and services, Prazeres da Terra prioritizes local or national products and services whenever possible. Many of the partnerships with suppliers and service providers date to the beginning of its activity.
Active since
2006
Fiscal country
PT
Operating In
Portugal
Industry
Food & Beverages
Number of Goparity Loans
1
Women Shareholders
No
Website
https://www.prazeresdaterra.pt/2024-06-11
The solar panels for Prazeres da Terra have just arrived in Chaves.
2024-04-22
First instalment was paid to all the investors
2024-03-17
2035 investors successfully raised 250.000€
2024-02-01
This campaign will help avoid the emission of 34 tons of CO2 per year