Share
100% funded by 633 investors
instalment
monthly
term
8 years
yearly interest
5.75%
risk rating
B
This campaign aims to finance a photovoltaic plant for self-consumption at two foundations: Fundação FC Alverca, and Fundação Irene Rolo.
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. They are known for their soccer team, and for the FC Alverca Sports Complex. This complex houses a stadium, where the team matches are played, with a capacity for 7,705 spectators. In addition, the club has a pavilion, where various sports are practiced, such as roller field hockey, tennis, cycling, and swimming, among others.
In search of a more sustainable game, FC Alverca will soon be implementing an important initiative: the installation of solar panels on its pavilion. With an output of 29.7 kWp, this installation is expected to produce more than 46 790 KWh in the first year of operation. The energy produced translates into 21% energy self-sufficiency and a 27% reduction in the foundation's electricity 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 Irene Rolo Foundation was established in 1982 by a donation from Irene Dulce da Palma Arez Rolo. Their mission is to help people with disabilities and other vulnerable situations, supporting their families as well. Its commitment covers various areas, such as prevention, reception, rehabilitation, vocational training, and social inclusion, the ultimate goal is to improve the quality of life for beneficiaries. The institution is made up of various units, including the Activities and Training Center for Inclusion, the Rehabilitation and Vocational Training Center, Early Intervention, the Residential Home, and the Irene Rolo Foundation's New Projects Unit.
The foundation will now install solar panels with an output 29.7 kWp, this installation is expected to produce more than 50 783 KWh in the first year of operation. The energy produced translates into 40% energy self-sufficiency and a 43% reduction in the foundation's electricity costs.
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.
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 were paid by the revenue generated through the rental payments for the solar plant.
Download Key Investment Information Sheet
Loans granted to the promoter SOLCORELIOS II, UNIPESSOAL LDA by investors will have the following guarantees, provided for in the loan agreements associated with the campaign:
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.pt2024-01-06
First instalment was paid to all the investors
2023-11-23
608 investors successfully raised 50.000€
2023-11-17
This campaign will help avoid the emission of 29 tons of CO2 per year