Description

This campaign aims to finance a photovoltaic plant for self-consumption for Futebol Clube de Alverca. 

Futebol Clube de Alverca, a Portuguese football club based in Alverca do Ribatejo, Vila Franca de Xira, currently playing in the Portuguese 3rd Division. The club is a public institution founded in 1939 and located in Lisbon. In search of a more sustainable game, FC Alverca installed solar panels, with a 29.7 kWp output, on its pavilion. This initiative was financed by the campaign Social Solar Solcor XI.

Alverca continues to step up its environmental commitment, now with a 159 kWp solar installation on the roof of its pavilion. Since a major reorganisation in 2016, which included the construction of a second rink dedicated to training, as well as the renovation of equipment and the lighting system, the club has been implementing continuous improvements. This new energy initiative reinforces the sustainability of the sports center which, over the years, has hosted various sports such as roller hockey, tennis, cycling, and swimming. Today, it stands out as a training center for boccia, acrobatic gymnastics, roller hockey, karate, kenpo, krav maga, and figure skating. The solar installation, is expected to produce an estimated annual 237 MWh, achieving 37% self-sufficiency and generating a significant 48% reduction in costs.

The use of solar energy will not only benefit the club but will serve as an example to the sports community and society that it is possible to reconcile sport with sustainable energy. 

The installation and operation of the solar panels will be installed and operated by the campaign promotor: Solcor Portugal, a company specializing in the development and operation of solar photovoltaic installations. 

This campaign offers a longer-than-average loan term for Goparity standards. This means you will receive your capital back and gain interest over a more extended period of time. The rental agreement associated with the self-consumption photovoltaic installation foresees a low monthly payment by the beneficiary, who enjoys savings without initial financial investment to purchase the solar panels. Therefore, since the supply company’s payback period is longer, the payment plan is also extended (8-15 years). In this project, the beneficiary is a local sports club and organization, and the supplying company is Solcor. Additionally, Solcor ensures the solar plant's operation throughout this period, allowing the club to focus on its community. Payments will be guaranteed in part by Solcor, a financially solid enterprise, and by the beneficiary. A solar panel can be used for about 30 years, making it a safe, profitable investment with relevant environmental impact. Impact investing in this type of project is a commitment to cleaner, safer, decentralized, and democratic energy systems.

The Impact

Direct 

• Contribution to the decarbonisation, avoiding CO2 emissions: With a total production of clean energy of over 237 MWh per year, the solar plant will avoid the emission of over 32 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 1481 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 

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

Impact Indicators

32,58 t

CO2 avoided per year

237,8

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 SOLCORELIOS II, UNIPESSOAL LDA by the investors will be backed by the following guarantees, provided for in the loan agreements associated with the campaign:

• Pledge of a single share in SOLCORELIOS II, UNIPESSOAL LDA, held by SOLCORACTION, LDA.
• Pledge of credit rights of SOLCORELIOS II, UNIPESSOAL LDA of the amounts to be received under its service contracts with its client: Futebol Clube de Alverca

The Promoter

About SOLCORELIOS II, UNIPESSOAL LDA

SOLCORACTION LDA, ou Solcor Portugal, faz parte do Grupo Solcor, um grupo com raízes belgas, fundado em 2014 e activo em Portugal, no Chile, e na Colômbia. O grupo está focado em instalações solares comerciais e no financiamento destes projectos. Até à data, têm mais de 400 projectos concluídos. 

A Solcor conta frequentemente com o aconselhamento técnico das outras empresas do grupo, fortemente ligadas pela partilha dos mesmos accionistas. Em conjunto, a sua atividade é transversal a quase todos os aspectos do mercado solar fotovoltaico: 

• EMAT - um distribuidor de equipamento fotovoltaico.
• Nikola - um instalador resiliente.
• Delta Activos -  uma empresa dedicada à manutenção solar.

A SOLCORELIOS II, UNIPESSOAL LDA faz parte do Grupo Solcor (uma empresa sucursal da Solcor Portugal), criada para desenvolver projectos solares para associações e organizações com envolvimento comunitário ou propósitos sociais.

A Solcor está activa em Portugal desde 2019. Tem uma equipa talentosa de 15 pessoas que acumulam mais de 100 projectos solares em Portugal, contribuindo para a experiência da empresa no desenvolvimento, operação e financiamento de centrais solares a nível nacional. 

A Solcor quer aumentar a consciência energética e contribuir para a descarbonização da nossa economia, desenvolvendo relações sustentáveis através de acordos e colaborações positivas, simples e transparentes. Com base no seu desempenho e solidez financeira, o promotor foi certificado como uma das 5% melhores PMEs de Portugal (2022).

A sua fábrica solar no Museu do Caramulo foi uma das primeiras instalações de auto-consumo colectivo do país.

The team

Steven V Cauwenberge

Diretor Executivo do grupo

Fundador do Grupo Solcor, atualmente a trabalhar como Director Executivo do Grupo Solcor. Mestrado em Engenharia de Negócios - Finanças na KU em Leuven. Mestrado em Engenharia Civil. Pós-Graduação em Análise de Investimento na London School of Economics.

Vincent Vangeel

Co-fundador e CEO

Mestrado em Engenharia de Negócios - Supply Chain na KU em Leuven. Mestrado em Engenharia de Energias Renováveis no IST em Lisboa e KTH em Estocolmo.

Tommaso Mura

Co-fundador e COO

Licenciado em Engenharia Energética pelo Politécnico de Torino. Mestrado em Engenharia de Energias Renováveis pelo IST em Lisboa e KTH em Estocolmo.

Business Model

Updates