IEBOSA - Solar textiles

Photovoltaic solar plant for a textile company.

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

Term

months

Risk level

What will you be financing?

This campaign aims to finance a photovoltaic solar power plant for IEBOSA, a textile company. Specialized in industrial embroidery for high-end corsetry and fashion, IBEOSA has been active for over 50 years and employs 60 people.

Averta Capital, the project promoter, will own and operate the PV solar central in an ESCO model. This way, IEBOSA will benefit from renewable energy at a lower cost without any investment. The model allows companies to accelerate toward energy transition while conducting regular operations.

The photovoltaic solar plant will have more than 106 solar panels, with a total power of 57.24kWp and will be installed on the roof of the 600m2 warehouse. The plant will produce close to 70,000 kWh per year, enough energy to power 40% of its operations, a major energy efficiency initiative to increase the factory's self-sufficiency and sustainability that will allow it to reach new customers. The surpluses of the plant will be compensated through a virtual battery that will take advantage of 100% of the energy produced.

The IEBOSA focus, recognized by its customers, is the product quality and level of service, offering high flexibility at competitive prices. IEBOSA suppliers are, at a local level, an important part of the Catalan business fabrics. IEBOSA is committed to reducing its costs and decarbonizing its production process while increasing the use of recyclable and recycled materials.

The plant installers will be Belenus Energy Systems, a company with more than 20 years of experience working throughout the Spanish territory, with more than 650 MWp installed, equivalent to the CO2 absorption of 70 million trees. In 2021, they rebranded to differentiate activities supported by vertical growth and developed AI-based software for calculation, management and control of photovoltaic installations and construction management, bringing the client 20% more energy or economic performance.

What is the impact?

Direct impact

Contribution to the decarbonisation of the economy, avoiding CO2 emissions: With a total production of clean energy of 68,5 MWh per year, the solar plant will avoid the emission of about 9.4 tons of CO2 per year. This is equivalent to the CO2 absorption of 427 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. For this client, it will have a reduction of more than 40% of the energy cost. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges.

Indirect impact

Promotion of renewable solar energy: Averta Capital provides different integrated solutions for the electricity needs of each client and allows all organizations from different sectors and individuals to transition to renewable energy sources. Its mission is to develop energy to make companies more competitive, reduce external dependence and reduce CO2 emissions.
Support local companies to a green energy transition: Averta Capital provides a financial option to clients interested in installing solar plants, ensuring the interest of companies in reducing their CO2 emissions and energy costs.

Impact indicators
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9398

CO2 avoided per year

68598

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
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About the Promoter

About

AVERTA CAPITAL SPV S.L.

Direct impact

Contribution to the decarbonisation of the economy, avoiding CO2 emissions: With a total production of clean energy of 68,5 MWh per year, the solar plant will avoid the emission of about 9.4 tons of CO2 per year. This is equivalent to the CO2 absorption of 427 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. For this client, it will have a reduction of more than 40% of the energy cost. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges.

Indirect impact

Promotion of renewable solar energy: Averta Capital provides different integrated solutions for the electricity needs of each client and allows all organizations from different sectors and individuals to transition to renewable energy sources. Its mission is to develop energy to make companies more competitive, reduce external dependence and reduce CO2 emissions.
Support local companies to a green energy transition: Averta Capital provides a financial option to clients interested in installing solar plants, ensuring the interest of companies in reducing their CO2 emissions and energy costs.

Promoter website

www.avertacapital.com

Team
‍

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Business Model
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