Decarbonizing Colombia II
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Decarbonizing Colombia II

Refinancing solar energy for self-consumption.
Investment overview
Impact category
Sustainable energy
Investment type
Loan
Yearly interest
7
%
Term
36
months
Risk level
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https://goparity.com/projects/decarbonizing-colombia-ii-170

Description
Impact
Financial viability
Promoter

What will you be financing?

Recap is a Swedish organization with over 10 years of experience in renewable energy and energy efficiency projects. This is the second campaign of a series of campaigns aimed at refinancing several solar energy projects in Colombia, with a total investment of two million euros. The first campaign closed after the company was able to raise 150.000€ through Goparity.

This is the fourth project promoted by the group with Goparity, after launching one successful campaign to fund two solar power plants in Brazil (our first international project) and other two projects (here and here) to fund solar power plants for self-consumption in Colombia.

The funds raised through this campaign will be used to fund the following projects:

El Tambor
El Tambor is a restaurant located in Tenjo (Cundinamarca) in Colombia, and active for more than 21 years. The restaurant serves traditional Colombian dishes and focuses on honoring Colombian culture and providing a place for family moments.

The photovoltaic plant will have the following characteristics:

  • Installed capacity: 19,22 kWp
  • Estimated yearly production: 23,4 MWh
  • Yearly CO2 reduction: 9,11 tons (It takes 414 adult trees to absorb this amount annually).
  • Contract term: 7 years
  • Installer: Senergysol


Laboratorios Aseptic

The Laboratorios Aseptic is a manufacturer of health, pharmaceutical and cosmetic products in the coastal city of Barranquilla in Colombia. It has 90 years of history, and one of its main values is the equal and integral development of human talent.

The photovoltaic plant will have the following characteristics:

  • Installed capacity: 141,94 kWp
  • Estimated yearly production: 242,2 MWh
  • Yearly CO2 reduction: 94,26 tons (It takes 4285 adult trees to absorb this amount annually).
  • Contract term: 20 years
  • Installer: A-Group

What is the impact?

Direct:

  • Contribution to the decarbonization in Colombia, avoiding CO2 emission: with a clean energy production of 265,6 MWh per year, both solar installations will avoid the emission of 103,4 tons of CO2 every year. That is equivalent to planting 4699 trees. The Laboratorios Aseptic is responsible, alone, for the reduction of emissions equivalent to 4285 trees.

Indirect:

  • Promotion of the local economy: By reducing the costs of the energy of the two local businesses, this project contributes to sustaining the local economy in Tenjo and in Barranquilla, Colombia.
  • Promotion of responsible businesses in Colombia: beyond reducing their carbon footprint through the installation of solar energy systems, the restaurant El Tambor and Laboratorios Aseptic are committed to responsible business practices. The restaurant El Tambor is eco-friendly, and uses, for its food delivery system, only 100% reusable, biodegradable, and recycled materials. The Aseptic labs are certified with the good manufacturing practices (Buenas Prácticas de Manufactura) seal by Invima, the Colombian National Food and Drug Surveillance Institute.
  • Promotion of a transition towards sustainable and efficient resource use: installing a solar plant in a health, pharmaceutical, and cosmetic company as Laboratorios Aseptic is an example of the applicability of solar power for bigger businesses, setting a benchmark for this segment in Colombia.

Impact indicators

103400
CO2 avoided per year
265600
clean energy
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About
Recap Solar Fund II AB

Direct:

  • Contribution to the decarbonization in Colombia, avoiding CO2 emission: with a clean energy production of 265,6 MWh per year, both solar installations will avoid the emission of 103,4 tons of CO2 every year. That is equivalent to planting 4699 trees. The Laboratorios Aseptic is responsible, alone, for the reduction of emissions equivalent to 4285 trees.

Indirect:

  • Promotion of the local economy: By reducing the costs of the energy of the two local businesses, this project contributes to sustaining the local economy in Tenjo and in Barranquilla, Colombia.
  • Promotion of responsible businesses in Colombia: beyond reducing their carbon footprint through the installation of solar energy systems, the restaurant El Tambor and Laboratorios Aseptic are committed to responsible business practices. The restaurant El Tambor is eco-friendly, and uses, for its food delivery system, only 100% reusable, biodegradable, and recycled materials. The Aseptic labs are certified with the good manufacturing practices (Buenas Prácticas de Manufactura) seal by Invima, the Colombian National Food and Drug Surveillance Institute.
  • Promotion of a transition towards sustainable and efficient resource use: installing a solar plant in a health, pharmaceutical, and cosmetic company as Laboratorios Aseptic is an example of the applicability of solar power for bigger businesses, setting a benchmark for this segment in Colombia.

Promoter website

https://www.recap.se/

Team

[{"id":16,"promoter_id":180,"name":"Marco Berggren","description":"More than 17 years of experience implementing and financing clean energy projects globally. Responsible for market strategy execution, partnerships and product development.","link":"https://www.linkedin.com/in/marco-berggren-1797784/","role":"Founder & CEO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/630/c8c/c21/630c8cc211057849493985.png","avatar_id":65277},{"id":17,"promoter_id":180,"name":"William Morales","description":"Mechanical Engineer with extensive experience in leading multidisciplinary teams in areas of energy management from non-conventional sources.","link":"https://www.linkedin.com/in/william-morales-44b04b171/","role":"General Manager - Colombia","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/630/c8c/f9c/630c8cf9c1467920092509.png","avatar_id":65278}]

Business Model

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