Solar Prazeres da Terra
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Solar Prazeres da Terra

Self-consumption solar energy for a pastry factory.
Investment overview
Impact category
Sustainable energy
Investment type
Loan
Yearly interest
5.7
%
Term
72
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.
A
D
B-

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https://goparity.com/projects/solar-prazeres-da-terra-429

Description
Impact
Financial viability
Promoter

What will you be financing?

This campaign aims to fund an energy transition project for the Prazeres da Terra factory in Chaves.

Prazeres da Terra produces, among many other products, the traditional and famous Pasteis de Chaves, with IGP (Protected Geographical Indication).

The project includes a photovoltaic plant for self-consumption, made up of 400 460Wp panels, and will have a power output of 184Kw. The panels will be installed in a "Carport" format, to allow motor vehicles to park in the shade.

The solar panels will be installed and maintained by Ventos e Argumentos, a company specializing in photovoltaic solar installations.

What is the impact?

Direct 

  • Contribution to the decarbonisation of Portugal, avoiding CO2 emissions: With a total production of clean energy of over 248 MWh per year, the solar plant will avoid the emission of more than 34 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 1550 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. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges.
  • Support of electric mobility: through the installation of chargers for electric vehicles, the project supports e-mobility.

Indirect

  • Promoting sustainable business: the project developed for Prazeres da Terra is an example of the applicability of solar power for any business, and in this case serves as a benchmark to similar industries, an important step towards sustainability for businesses in Portugal.
  • Support for the decentralization of investments in Portugal: the city of Chaves, where the installation will happen, in the northern region of Portugal classifies as a less developed region in the country. Thus, sustainable investments in the region are needed to strengthen the economy and the community and prepare it for the future.

Impact indicators

34099
CO2 avoided per year
248897
clean energy
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About
PRAZERES DA TERRA, LDA.

Direct 

  • Contribution to the decarbonisation of Portugal, avoiding CO2 emissions: With a total production of clean energy of over 248 MWh per year, the solar plant will avoid the emission of more than 34 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 1550 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. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges.
  • Support of electric mobility: through the installation of chargers for electric vehicles, the project supports e-mobility.

Indirect

  • Promoting sustainable business: the project developed for Prazeres da Terra is an example of the applicability of solar power for any business, and in this case serves as a benchmark to similar industries, an important step towards sustainability for businesses in Portugal.
  • Support for the decentralization of investments in Portugal: the city of Chaves, where the installation will happen, in the northern region of Portugal classifies as a less developed region in the country. Thus, sustainable investments in the region are needed to strengthen the economy and the community and prepare it for the future.

Promoter website

https://www.prazeresdaterra.pt/

Team

[{"id":177,"promoter_id":314,"name":"Jorge Santos","description":"A resident of Chaves, who has crossed diverse areas in his professional career. His passion for his hometown and regional history led him to start his biggest project - Prazeres da Terra. Adding to being a partner and manager, his commercial flair has led him to explore the company's potential more and more.","link":"https://www.linkedin.com/in/joaquim-jorge-silva-santos-3b4b4224/","role":"Managing Partner","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/65b/296/15c/65b29615c203f609684404.jpeg","avatar_id":127391},{"id":178,"promoter_id":314,"name":"Carla Sousa","description":"Carla has been working at Prazeres da Terra since 2016 and sees the company as a place for growth and training. Focused on the company's production capacity, the efficiency and profitability of all production processes, Carla is a fundamental pillar of the project.","link":"","role":"Head of Production","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/65b/3de/65b/65b3de65bd830188667641.png","avatar_id":127472},{"id":179,"promoter_id":314,"name":"Cátia Gonçalves","description":"With a degree in Biology Cátia has worked for several companies in the field of food quality and in the food industry. An Very organized and in constant training, she is a fundamental element in the food safety of the products produced by the company.","link":"https://www.linkedin.com/in/katiapfernandes/","role":"Head of Quality","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/65b/298/6ad/65b2986ad097a215194626.jpeg","avatar_id":127394},{"id":180,"promoter_id":314,"name":"Daniela Borges","description":"With a degree in Management and Public Administration, Daniela sees Prazeres da Terra as an opportunity to grow professionally and apply all the knowledge she has acquired previously. Organized, autonomous, creative, and responsible, she uses teamwork as a way of quickly achieving a greater number of goals.","link":"https://www.linkedin.com/in/sofiacborges-gestao/","role":"Controller Management","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/65b/299/4db/65b2994db885e130401705.jpeg","avatar_id":127395},{"id":181,"promoter_id":314,"name":"Gisela Esteves","description":"After a career path that included different types of jobs, Gisela saw the opportunity to invest in her education and took a secretarial course. It was this same course that opened the door to Prazeres da Terra in 2022.","link":"","role":"Administration","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/65b/3de/77a/65b3de77a3027061215039.png","avatar_id":127473}]

Business Model

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