Share
100% funded by 434 investors
instalment
biannual
term
8 years
yearly interest
5.85%
risk rating
B
This campaign aims to finance a photovoltaic plant for self-consumption at a school called Escola Básica Integrada da Boa Água.
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.
Located in Quinta do Conde, Sesimbra, the Escola Básica Integrada da Boa Água is an educational institution that plays a fundamental role in community life. As the headquarters of the Public School Grouping of Boa Água (AEBA), the school values student's socioeconomic and cultural diversity. In addition to the regular subjects, the school offers a wide range of complementary activities, such as the Student Assembly, School Sports, the Boa Água Handball Club, and the Eco-Schools Project, among others. All of this is part of an inclusive curriculum that seeks to prepare students for the challenges of the contemporary world.
In a continuous search for sustainability and environmental awareness, EBI Boa Água is about to take an important step with the installation of solar panels. With a capacity of 51.7 kWP, solar energy production is estimated to reach 72,280 MWh in the first year. The initiative will allow the school to achieve energy self-sufficiency of 42% and significantly reduce electricity costs (by 56%).
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 Public School, and the supplying company is Solcor. Additionally, Solcor ensures the solar plant's operation throughout this period, allowing the school to maintain its focus on the students. Payments will be guaranteed in part by Solcor, a financially solid enterprise, and by the beneficiary. The savings generated by the solar plant for the beneficiary can be invested in education related projects, where they make a difference. 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.
Direct
Indirect
CO2 avoided per year
clean energy
The project is co-financed by Solcor Portugal, the guarantor of the loan.
The maturity of the loan was calculated to ensure that the monthly installments are paid by the revenue generated through the rental payments for the solar plant.
Download Key Investment Information Sheet
Pledge of equipment, pledge of receivables from the final client and pledge of Solcor Portugal.
SOLCORACTION LDA, also known as Solcor Portugal, is part of the Solcor Group — a company with Belgian roots, founded in 2014 and active in Portugal, Chile, and Colombia. The group focuses on commercial solar installations and project financing, with over 650 completed projects to date.
Solcor frequently relies on technical guidance from other companies within the group, which are closely connected through shared ownership. Together, their activities span nearly every aspect of the solar photovoltaic market:
SOLCORELIOS II, UNIPESSOAL LDA is part of the Solcor Group (a subsidiary of Solcor Portugal), created to develop solar projects for associations and organizations with community involvement or social purposes.
Solcor has been active in Portugal since 2019. Its talented team of 15 professionals has delivered over 200 solar projects nationwide, contributing to the company’s expertise in developing, operating, and financing solar power plants.
Solcor aims to raise energy awareness and support the decarbonization of the economy by building sustainable relationships through positive, simple, and transparent agreements. Based on its performance and financial strength, the company is certified as PME Lider.
Its solar plant at the Caramulo Museum was one of the first collective self-consumption installations in the country.
Founder of the Solcor Group, currently serving as Chief Executive Officer of the Solcor Group. Master’s degree in Business Engineering – Finance from KU Leuven. Master’s degree in Civil Engineering. Postgraduate studies in Investment Analysis at the London School of Economics.
The Solcor Group is primarily active in the development and operation of commercial solar installations. The group has already developed over 650 solar systems for clients across a wide range of sectors and currently manages more than 700 installations.
Its strong growth has been driven largely by the implementation of the ESCO model, in which clients pay for their solar installation using the savings generated — without the need for any upfront investment. Together with its partners, Solcor has invested more than 25 million euros in projects for its clients.
Active since
2019
Fiscal country
PT
Operating In
Portugal
Industry
Energy
Number of Goparity Loans
21
Women Shareholders
No
Website
http://www.solcor.pt2023-12-26
First instalment was paid to all the investors
2023-06-13
415 investors successfully raised 34.000€
2023-06-06
This campaign will help avoid the emission of 10 tons of CO2 per year