Description

SCIVEN is a Portuguese company specialising in the development of energy production and management systems. The promoter is dedicated to offering solutions that make energy more efficient and affordable for organisations with high energy consumption.

The funds raised in this campaign will finance the installation of a biomass boiler at the José Relvas Foundation, an institution that provides important services to the community, including a retirement home, a day centre and a nursery. Currently, the foundation relies on natural gas to heat water, which represents high costs and a significant environmental impact.

With this new solution, the foundation will be able to reduce energy costs by up to 70% and guarantee an efficient and reliable supply without relying on fossil fuels.

SCIVEN's biomass boiler uses forest biomass waste to generate heat and operates autonomously and efficiently. The system includes the boiler and peripheral equipment, a fuel storage silo with an autonomy of over a month, and a technical room optimised to house the entire system.

This project will enable the José Relvas Foundation to reduce operating costs, improve energy efficiency and minimise environmental impact, guaranteeing a more stable and affordable energy supply.

The Impact

Direct

Contribution to the decarbonization of Portugal, avoiding CO2 emissions: Reduced emissions by changing the source of energy from gas to biomass. As of now, the José Relvas Foundation has a natural gas plant installed for the production of thermal energy to meet all the building's needs. Through the company Sciven, the Foundation will install an autonomous biomass-powered thermal plant, capable of fully meeting all the building's thermal energy needs. With the implementation of the proposed systems, it is estimated that the operation of the complex will avoid the emission of approximately 81 tons of CO₂ per year. This is equivalent to the CO2 absorption of 3.861 trees. 

Cost reduction for the end customer: The complex will overcome its dependence on fossil-based energy and its exposure to gas price volatility, enabling savings of up to 75% of current heating production costs by using renewable energy.

Indirect

Improvement of the organization's core services: the cost reduction in electricity expenses enables the association to improve their services for the community. Namely: 

• Residential Structure for the Elderly
• Day Centre
• Home Support Service
• Nursery
• Pre-school
• Early Childhood Intervention
• Social Canteen

Impact Indicators

81 T

CO2 avoided per year

403.05 Mwh

clean energy

Contribution to the Sustainable
Development Goals

Sustainable Development Goals

Financial viability

Download the Financial Statements for the promoter here

Download Key Investment Information Sheet

Guarantees

The loans granted to the promoter SCIVEN, LDA by the investors will have the following as guarantees, provided for in the loan agreements associated with the campaign:

• 1st degree pledge of credit rights by SCIVEN, LDA (“Seller”) of amounts receivable under a service contract with its client: Fundação José Relvas (“Client”) with the following NIF 500849501. The contract was signed on 27/01/2025 and will last for 104 months after installation is complete.
• 1st degree commercial pledge, under Portuguese law, provided by SCIVEN, LDA of movable assets to be installed, totalling an LTV (Loan To Value) of 105%, namely: Sciven boiler and accessories, silo and feed system, exhaust, hydraulic circuit and machine room to be supplied by company SCIVEN DESENVOLVIMENTO E EXPLORAÇÃO DE SISTEMAS DE ENERGIA, LDA with the following tax identification number 516011987.

The Promoter

About SCIVEN, DESENVOLVIMENTO E EXPLORAÇÃO DE SISTEMAS DE ENERGIA LDA

SCIVEN is a Portuguese company specialising in the development of sustainable energy solutions. It is the only company in the country that designs, manufactures, installs and operates advanced energy systems, offering innovative alternatives to fossil fuels.  

The company develops biomass boilers and cogeneration systems (CHP), among other technologies, aimed at energy-intensive users such as hospitals, hotels, IPSS, sports facilities and public buildings, as well as industrial applications.  

Recognised as an Energy Services Company (ESE) by the Directorate-General for Energy and Geology, SCIVEN collaborates with entities such as the Biomass Centre for Energy, Cleanwatts and Portugal Ventures, strengthening national innovation in the energy sector.  

Over the last few years, SCIVEN has been developing and optimising its own technologies, including energy production and management systems that enable customers to reduce costs and improve energy efficiency.

The team

Eduardo Costa

CEO

M.Sc. em Engenharia Mecânica e com uma experiência de 16 anos na gestão de projetos de engenharia. Eduardo é orador público em soluções de energia sustentável e desempenha o papel de membro não executivo do conselho de administração do Centro da Biomassa para a Energia.

Francisca Dias

Product development and Quality

M.Sc. em Engenharia Mecânica, Francisca iniciou a sua experiência na SCIVEN durante os seus estudos académicos, focando-se no desenvolvimento de produtos e na qualidade.

Carlos Lopes

Business Development and Client Management

M.Sc. em Engenharia Mecânica, Carlos possui uma sólida experiência na gestão de operações em indústrias de ritmo acelerado, com uma forte orientação para o desenvolvimento de negócios.

Business Model

Updates