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Oceântia Buses V
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Oceântia Buses V

CO2-zero transportation for a green future.
Investment overview
Impact category
green_economy
Investment type
loan
Yearly interest
6
%
Term
12
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.
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D
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Description
Impact
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Promoter

What will you be financing?

OCEÂNTIA is a 100% Portuguese company that has developed new models for electric buses with 0% CO2 emissions, high capacity batteries, a modern and attractive design, and high interior comfort, ideal for public transport and school transport in companies and municipalities.

This is the promoter's fourth campaign, after raising 795,000€, to produce the first 0% CO2 emission buses (Oceântia Electric Buses, Oceântia Buses II, III and IV). 

This campaign aims to support the project and grant liquidity to produce another 0% CO2 emission bus, ordered a few weeks ago by the Municipality of Coimbra. 

See the latest bus sold to a Portuguese municipality in the images below.

The company has already received orders for the supply of electric buses to 10 Portuguese Municipalities, which have secured community funding for their purchase under the POSEUR program - Operational Program for Sustainability and Efficiency in the Use of Resources.

Each OCEÂNTIA electric bus that replaces an old combustion engine bus will save up to more than 1.000 tons of CO2 over its lifetime.

This new electric model has attracted the interest of Municipalities and Transportation Operators to be used in public passenger transport services and school transport services.

What is the impact?

Direct

  • Promotion of innovation towards sustainability in Portugal: the Oceântia electrical fleet is based on innovative processes in Portugal to develop zero-emission buses. The development and construction of the fleet represent technical know-how and jobs created in Portugal.

Indirect

  • Reduction of GHG (greenhouse gases) and CO2 emissions from transportation: while avoiding up to 6.9 tonnes of CO2 per year, each electrical bus from Oceântia is a part of a sustainable transport systems strategy, that supports the reduction of cities’ environmental impact per capita.
  • Creation of jobs: Oceântia plans to hire 11 people to work in the planning, construction, and sales of electric vehicles.

Impact indicators

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

Contribution to the Sustainable Development Goals

About the Promoter

About Adega Cooperativa Cantanhede

Direct

  • Promotion of innovation towards sustainability in Portugal: the Oceântia electrical fleet is based on innovative processes in Portugal to develop zero-emission buses. The development and construction of the fleet represent technical know-how and jobs created in Portugal.

Indirect

  • Reduction of GHG (greenhouse gases) and CO2 emissions from transportation: while avoiding up to 6.9 tonnes of CO2 per year, each electrical bus from Oceântia is a part of a sustainable transport systems strategy, that supports the reduction of cities’ environmental impact per capita.
  • Creation of jobs: Oceântia plans to hire 11 people to work in the planning, construction, and sales of electric vehicles.

Promoter website

https://oceantia.pt/

Team

[{"id":48,"promoter_id":246,"name":"Valter Duarte","description":"Valter is an Engineer with an MBA and has more than 20 years of experience in the transportation field, both in the private and public sectors.","link":"https://www.linkedin.com/in/valterduarte/","role":"Managing Partner","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/64a/d18/080/64ad180805d35351677958.jpeg","avatar_id":103845}]

Business Model

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Project progress

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25000000

minimum

25000000

target

25000000

maximum

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