FADS Lighting
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FADS Lighting

LED lighting systems for four kindergartens and a nursing home.
Investment overview
Impact category
Sustainable energy
Investment type
Loan
Yearly interest
4
%
Term
60
months
Risk level
The Risk Rating is the result of our credit risk assessment, which looks at the promoter’s financial strength and the project’s viability. It’s shown from A+ (lowest risk) to D (highest risk) and helps you compare projects and make informed decisions.
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Description
Impact
Financial viability
Promoter

What will you be financing?

Algarve’s Social Development Foundation (FADS) aims to replace its facilities’ lighting systems for more efficient and sustainable LED ones which will also impact the environment comfort and light quality for their beneficiaries.

Four kindergartens – Creche Montenegro, Creche Olhão, Creche Faro and Jardim de Infância Faro – and a nursing home – Unidade de Cuidados Continuados de Estoi – will benefit from this project that will install a total of 14,57 kW capacity and allow these Charities to avoid around 63% of their current energy consumption, becoming more eco-friendly and financially sustainable.


What is the impact?

Direct:

  • The estimated energy savings of 63% will avoid the emission of around 22 tonnes of CO2 per year, which has an equivalent environmental impact to planting 1000 trees.

Impact indicators

6200
CO2 avoided per year
clean energy
created by our projects
of sustainable
199
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About
Fundação Algarvia de Desenvolvimento Social (FADS)

Direct:

  • The estimated energy savings of 63% will avoid the emission of around 22 tonnes of CO2 per year, which has an equivalent environmental impact to planting 1000 trees.

Promoter website

http://fundacao-algarvia.pt/

Business Model

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Minimum

6255000

Target

6255000

Maximum

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