Intermarché Solar Felgueiras

Solar energy for self-consumption in an Intermarche franchise supermarket.

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

4.7

Term

months

Risk level

B-

What will you be financing?

The goal of this campaign is to fund a PV solar central in Distrifelguereiras, Lda., a franchise supermarket, part of the French Group Intermarché, with a local independent organizational structure aligned with the strategic values of the brand. Luz Verde, the project promoter, will install, own, and operate the PV solar central, in an ESCO model. This is the promoter’s fifth campaign with GoParity.

The panels are being installed on the parking lot coverage structure of the supermarket with 2.644m2, which will also be owned and operated by LuzVerde as part of this project. The central will have over 650 solar panels, with a total power of 188,5 kW, combining the benefits of customer comfort with the supermarket’s vision of sustainability and self-sufficiency.

What is the impact?

Reduced dependence on carbon-based fuels, avoiding the emission of CO2: with an estimated annual production of 344,9 MWh, the photovoltaic system will avoid the emission of 70 tons of CO2, the equivalent to planting 3.182 trees.
Cost reduction for the end client: decentralized electricity production, near the consumption location, reduces the distribution costs making the option for renewable energy more cost-competitive than the national grid. Also, the decreased dependence on the national grid, makes the company less vulnerable to price fluctuations.

Moreover, for each developed project, the promoter will take one of the two following initiatives, according to its environmental policy:

Donate 10€ for each kW of green energy installed to a non-profit organization.
Plant a tree for each kW of green energy installed.

Impact indicators
‍

70000

CO2 avoided per year

344800

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
‍

About the Promoter

About

Frontrow Lda

Reduced dependence on carbon-based fuels, avoiding the emission of CO2: with an estimated annual production of 344,9 MWh, the photovoltaic system will avoid the emission of 70 tons of CO2, the equivalent to planting 3.182 trees.
Cost reduction for the end client: decentralized electricity production, near the consumption location, reduces the distribution costs making the option for renewable energy more cost-competitive than the national grid. Also, the decreased dependence on the national grid, makes the company less vulnerable to price fluctuations.

Moreover, for each developed project, the promoter will take one of the two following initiatives, according to its environmental policy:

Donate 10€ for each kW of green energy installed to a non-profit organization.
Plant a tree for each kW of green energy installed.

Promoter website

http://luz-verde.pt/

Team
‍

[{"id":218,"promoter_id":173,"name":"Adriana Oliveira","description":"","link":"https://www.linkedin.com/in/adriana-oliveira-052a9aab","role":"Founder & CEO","member_photo":"","avatar_id":""}]

Business Model
‍

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.