Project summary
Collective loan to a photovoltaic plant in operation in Teruel (Spain). The loan is guaranteed by the pledge of the power sale contract to the energy distribution company.
The funds will be used, by the owners of the plant, for the construction of social housing in Brazil, within the state program "Minha casa, minha vida".
Project description
SEGORSOLAR SL is the owner of a photovoltaic plant of 99 KWp in Cella (Teruel) which has been in operation since 2008. The company has requested a collective loan through Ecrowd!, of which the funds will be used by its owners for the construction of social housing in Brazil, under the state program "Minha casa, minha vida".
This collective loan will be guaranteed by the income produced by the solar installation, through a "pignoración" or pledge of the credit rights of the energy sales contract to the energy company. SegorSolar is currently changing its energy company from Endesa Energía to Fenie Energía. This change will be concluded before the loan will be signed.
The solar plant has a power of 99kWp and consists of 10 trackers of the Spanish brand MecaSolar MS Tracker 10+ of double axis with 66 Wuxi Guofei modules of 150Wp each. Each tracker 3 SMA Sunnyboy 3300 inverters of 3.3kWn.
The facility is located in the municipality of Cella (Teruel), and is part of a set of 360 kWp in total.
The installation has been in operation since 2008. The last inspection carried out by the National Commission of Markets and Competition (CNMC) was carried out on 11/4/2018, with positive result.
The income of the plant is set by royal decree RD413/2014. According to this decree, the plant is classified as type IT-00058, which means it will get a fixed monthly retribution for the investment of 56.723583 €/kW and a retribution for the generated energy of 0.034305 €/kWh. Therefore, the plant receives a fixed compensation of € 5.615,63/month plus the compensation for the produced produced. Condition to receive the remuneration is that the plant produces a minimum of 72,468kWh of energy yearly (until the last known invoice of 2018, November, the plant has produced 143,649kWh).
The plant will continue receiving this regulated retribution until the end of its useful life, which according to RD14/2010 is 28 years, that is until 2036. At the end of the loan, there are still 9 years of fixed compensation.
OAK INTERNATIONAL FINANCE GROUP - (OAKIF GROUP)
The owners of SEGORSOLAR SL, are also partners of OAKIF, which has developed several social housing construction projects under the state program Minha Casa, Minha Vida in the Natal area in northeastern Brazil. The OAKIF group obtains funds from investors and promotes the construction of homes to be sold at a limited price with the support of the Brazilian government program.
The "Minha Casa, Minha Vida" program
This government program (which name means "My House, My Life") was launched in 2009 as an attempt to solve the housing deficit problem in Brazil. Since then, the program has helped millions of people to acquire a property, at an officially limited price, and is also an important stimulus for the Brazilian construction and economy sector.
The Minha Casa, Minha Vida (MCMA) program was created in 2009 by the Federal Government with the objective of providing affordable housing access conditions for both urban and rural areas. The program works by providing both subsidies and low cost finance to people earning less than three times the minimum wage which enables them to purchase these new affordable homes. Although providing finance for homebuyers, the Brazilian government does not directly fund construction, which is entirely in the hands of independent property developers. This is where Oak International Finance plays its part by developing projects and selling their houses to those who qualify for the subsidized finance.
Caixa Economica Federal Bank, the 2nd largest state owned financial institution in South America, was appointed to oversee the program and to manage the finance. However, demand has been so great that Banco do Brasil has now been incorporated to assist with the finance management. The program has been hugely successful, by helping to relocate over 4.4 million of Brazil’s poorest families to date, with the ultimate aim of providing 24 million new homes in the coming years, to cope with the ever increasing demand.
Over 80% of Brazil’s population, which is now in excess of 200 million people, qualify for this program under the strict financial criteria.
Ecrowd does not charge any commission on your investments or received interest.
The received interest will be subject to the applicable withholding tax.
Ecrowd is a regulated crowdlending operator (Plataforma de Financiación Participativa) with a licence from the Spanish Financial Authority (CNMV).
Ecrowd is not an investment services company or credit institution and does not participate in any investment guarantee fund or deposit guarantee fund. The investment projects presented on this platform are not subject to authorization or prior supervision by the CNMV or the Bank of Spain, and the information provided by the developers has not been reviewed by these institutions. All funds are deposited on the electronic payments platform LemonWay payment, which is registered with Bank of Spain. The performance of your portfolio depends on the success of each individual project. There is a risk of total or partial loss of the invested capital, not obtaining the expected financial return and limited liquidity. Carefully read the detailed project information before commiting to any investment. By investing in this project, you expressly state you have received, read and accepted the general conditions of Ecrowd Diversification is the optimal strategy for managing your investment portfolio.
More information: how to invest with Ecrowd
Investors
Melchor
5.350€
Alberto
5.300€
Ferran
5.000€
Juana Teresa
3.000€
Miguel Ángel
3.000€
Jordi
3.000€
Marc
3.000€
Miguel Angel
3.000€
Christopher
3.000€
Roger
3.000€
Ángel
3.000€
Augusto
2.500€
Miguel
2.500€
Alexander
2.500€
Alberto
2.300€
Pedro
2.000€
Nicolau
2.000€
Angel
1.500€
Raquel
1.500€
Josep Maria
1.500€
José Antonio
1.500€
Rosa
1.500€
Tomás
1.500€
Marc
1.500€
Mercedes
1.275€
Jose Daniel
1.200€
Albert
1.150€
Juan F.
1.050€
Jordijono
1.000€
Francesc
1.000€
Carlos
1.000€
Marta
1.000€
Alex
1.000€
Jon B.
1.000€
Jesús M.
1.000€
Andrés
1.000€
Albert
1.000€
Elia
1.000€
Pol
1.000€
Gemma
900€
Ermen
800€
Laura
800€
Francisco
800€
José Maria
750€
Heike
700€
Mario
625€
Pedro
600€
Alejandro
600€
Lidia
500€
Jordi
500€
Juana Maria
500€
Carlos
500€
Carles
500€
Harold
500€
Javier
500€
Francisco
500€
Alejandro
500€
Nacho
500€
Iñigo
500€
Chantal
500€
Jose Manuel
500€
Jaime
500€
David
500€
Montserrat
475€
Marcos
425€
Carlos
400€
Margarita
400€
Luis
400€
Fidel
375€
Gerardo
300€
Álvaro
300€
Carles
300€
Guillermo
300€
Marcus
300€
Mercedes
275€
Albert
275€
Mariano
250€
Leo
250€
Enrique
225€
Jose Luis
225€
Miguel
225€
Ruben
225€
David
225€
Roman
200€
Laura
200€
Jesús Manuel
200€
Matthieu
200€
Agustin
200€
Arnau
200€
Félix
200€
Ricardo
200€
Josep
200€
Miquel Angel
200€
Julià
200€
Eñaut
200€
Xavi
200€
Igor
200€
Víctor
200€
Angel
200€
Eulogio
175€
Marcel
175€
Jose Ignacio
175€
German
150€
Jesús
150€
José Alberto
150€
Francisco
150€
Rafael
150€
Alvaro
150€
Sergio
150€
Manuel
150€
Joan
150€
Jesús
150€
Aleix
150€
Pedro
125€
Manel
125€
Alberto
125€
Gerard
125€
Thaïs
125€
Roberto
125€
Guillem
100€
Carlos
100€
Aitor
100€
Javier
100€
Fernando
100€
Jose
100€
Víctor M.
100€
Jorge
100€
Aline
100€
Marc
100€
Marc
100€
Alex
100€
David
100€
Albert
100€
Pablo
100€
Josep
100€
Gorka
100€
Jorge
100€
Jordi
100€
Jordi
100€
María Teresa
100€
Ismael
100€
Raúl
100€
Raúl
100€
Jesús Maria
100€
Rafael
100€
Roser
100€
Joan Marc
100€
Josep
100€
David
100€
Ignacio
100€
Manuel
100€
Peter M.
100€
Felip
100€
Daniel
100€
Javier
75€
Jordi
75€
Adrián
75€
Pablo
75€
Jaime
75€
Enric
75€
Nil
75€
Enrique
50€
Leopoldo
50€
Glòria
50€
Alfonso
50€
Antonio
50€
Sergi
50€
Juan Carlos
50€
Fernando
50€
Jana
50€
David
50€
Lorena
50€
Santiago
50€
Laurent
50€
Miguel Angel
50€
Javier
50€
Adrià
50€
Antonio
50€
Alfonso
50€
Oriol
50€
Joan
50€
Xosé
50€
José Ángel
50€
Víctor Gelasio
50€
Noelia
50€
David
50€
Luis
50€
Joaquin
50€
Juan Jose
50€
Rebeca
50€
José Luis
50€
Borja
50€
Jorge
50€
Stephan
50€
Marc
50€
Oscar
50€
Sergio
50€
Jose Luis
50€
Alvaro
50€
Victor
50€
Lluís
50€
Jesus
50€
Eloy
50€
Jordi
50€
Jordi
50€
Juan Carlos
50€
