Solar Lactoceleiro

Solar self-consumption energy system for a cheese factory.

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

6.4

Term

months

Risk level

B-

What will you be financing?

Lactoceleiro is a regional cheese producer who uses mainly locally sourced milk and aims to transition 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, made up of 253 555Wp panels, and will have a power output of 140,45Kw.

It will be installed and maintained by Luz Verde a company specialized in photovoltaic solar installations.

What is the impact?

Direct

Contribution to the decarbonization of Portugal, avoiding CO2 emissions: With a total production of clean energy of over 222 MWh per year, the solar plant will avoid the emission of 30.4 tons of CO2 per year. This is equivalent to the CO2 absorption of over 1380 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 Lactoceleiro 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. The funding indirectly supports the artisan production of cheese from the Serra da Estrela region by Lactoceleiro.

Impact indicators
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30429

CO2 avoided per year

222113

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
‍

About the Promoter

About

LACTOCELEIRO - LACTICINIOS E PRODUTOS REGIONAIS LDA

The promoter, Lactoceleiro, is a company based in Fornos de Algodres, founded in 2016 by three partners who decided to continue the activity of the former Queijaria Artesanal do Ilídio. Over its almost 10-year history and with a team of 18 employees, the company has been acknowledged with several awards, including its most emblematic product, the "Queijo Lactoceleiro".

In 2023, the company achieved two major milestones: DOP certification and the sale of 51% of its shares to HVSMLA, a subsidiary of Primebrands (that has over 15 years of experience in food sales).

Lactoceleiro is proud to have earned both international and national acclaim for the quality of its products. Recognitions include Silver and Bronze Medals at the World Cheese Awards 2016-2017, as well as the distinction of the Ouro do Pastor brand as the best sheep cheese, awarded by ANIL - Associação Nacional dos Industriais de Laticínios in 2021. The company remains dedicated to upholding product quality and fostering innovation.

Promoter website

Team
‍

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Business Model
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