Intermarché Solar II

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

C+

What will you be financing?

The goal of this campaign is to fund a PV solar central in Interlousada, a franchise supermarket, part of the French Group Intermarché, with an 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 second tranche of investment after the project promoter having raised 100.000€ in the first.

The panels were installed on the parking lot coverage structure of the supermarket, which will also be owned and operated by LuzVerde as part of this project. The central will have a total power of 146,4 kW, combining the benefits of customer comfort with the supermarket’s vision of sustainability and self-sufficiency.

Luz Verde might opt to launch a second campaign to refinance the remaining 50%, now supported by their own capital. During the first 5 years, the power plant will be rented to the supermarket, after which period it will be acquired by the latter. The solar power plant will allow for significant energy savings in comparison with the supermarket's current consumption, as well as a reduction in its electricity bill.

What is the impact?

This project will have the following positive impact:

Reduced dependence on carbon-based fuels, avoiding the emission of CO2: with an estimated production of 267,8 MWh, the photovoltaic system will avoid the emission of 72 tons of CO2, the equivalent to planting 3.272 trees.
Cost reduction for the end client: decentralized electric energy production, near the consumption location, reduces the distribution costs making the option for renewable energy more cost-competitive than recurring to 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 100% green energy installed to a non-profit organization.
Plant a tree for each kW of 100% green energy installed.

Impact indicators
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27200

CO2 avoided per year

133900

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
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About the Promoter

About

Frontrow Lda

This project will have the following positive impact:

Reduced dependence on carbon-based fuels, avoiding the emission of CO2: with an estimated production of 267,8 MWh, the photovoltaic system will avoid the emission of 72 tons of CO2, the equivalent to planting 3.272 trees.
Cost reduction for the end client: decentralized electric energy production, near the consumption location, reduces the distribution costs making the option for renewable energy more cost-competitive than recurring to 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 100% green energy installed to a non-profit organization.
Plant a tree for each kW of 100% 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
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