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Intermarché Solar
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Intermarché Solar

Solar energy for self-consumption in an Intermarche franchise supermarket.
Investment overview
Impact category
sustainable_energy
Investment type
loan
Yearly interest
5
%
Term
60
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
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https://goparity.com/projects/intermarch-solar-86

Description
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Promoter

What will you be financing?

The goal of this campaign is to fund 50% of the investment to install 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.

The panels are currently being 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

27200
CO2 avoided per year
133900
clean energy
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About Adega Cooperativa Cantanhede

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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