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Circular Light Steel
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Circular Light Steel

Recyclable light steel structure factory in Alentejo, Portugal.
Investment overview
Impact category
green_economy
Investment type
loan
Yearly interest
5
%
Term
24
months
Risk level
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https://goparity.com/projects/circular-light-steel-102

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Promoter

What will you be financing?

Ba Ba Ba Global Services is a Portuguese company based in Castelo Branco. The aim of this campaign is to co-finance the construction of a 6,000 m2 light steel frame manufacturing plant in the industrial park of Portalegre, in Alentejo, Portugal, an area of the country with a very high unemployment rate.

The project will have a total investment of € 4.8m, accounting for construction works (€ 1m), production equipment (€ 2.8m), auxiliary equipment (€ 990,000), and other costs (€ 61,000). The construction works are set to start in January 2021.

The Light Steel Framing is a building construction system in which steel is the main structural material. The steel structure is coated both externally and internally with high-quality industrialized elements which give the final product comfort, durability, and safety, with lower environmental impact than traditional construction materials (brick, cement, etc.) for several reasons.

What is the impact?

Direct 

  • Higher energy Efficiency: the light steel construction structures bear thicker insulation layers compared to traditional construction materials (such as brick and cement), which leads to more heat-efficient buildings, meaning lower energy costs in heating and cooling. Moreover, the production of these structures requires 70% less energy than traditional materials.
  • Contribution to the decarbonization of the economy: the new manufacturing unit will be autonomous at an energy level. The installed solar panels shall have a power of 400khw, generating 632MWh of clean energy per year, and avoiding the emission of 163 tonnes of CO2 per year. At the same time, the production of light steel is responsible for lower CO2 emissions in comparison to traditional materials.
  • Promotion of a circular economy: light steel can be recycled through fusion to create other steel products. The material is thus almost entirely recyclable, which results in much less waste ultimately ending in landfills when compared to other construction materials. It is therefore one of the construction materials with greater environmental awareness.
  • Reduced impact on the construction site: the light steel structure can be raised at the site with minimum impact since it reduces the total amount of land that needs to be excavated. In addition, in a light steel construction, each piece is designed and created at the factory with a specific purpose in mind within the building under construction it destined to, which ultimately reduces the production of waste.
  • Job creation: twelve new positions will be created by 2023 in Portalegre, on top of the seven new roles created so far.

Indirect

  • The project will promote the growth of the local economy of Portalegre, a district with a high unemployment rate and where the local job market is saturated, through the creation of new job positions, as well as the affluence of collaborators to local establishments for consumption and the increased demand for materials to support the plant operations.

Impact indicators

54000
CO2 avoided per year
210666
clean energy
4
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About Adega Cooperativa Cantanhede

Direct 

  • Higher energy Efficiency: the light steel construction structures bear thicker insulation layers compared to traditional construction materials (such as brick and cement), which leads to more heat-efficient buildings, meaning lower energy costs in heating and cooling. Moreover, the production of these structures requires 70% less energy than traditional materials.
  • Contribution to the decarbonization of the economy: the new manufacturing unit will be autonomous at an energy level. The installed solar panels shall have a power of 400khw, generating 632MWh of clean energy per year, and avoiding the emission of 163 tonnes of CO2 per year. At the same time, the production of light steel is responsible for lower CO2 emissions in comparison to traditional materials.
  • Promotion of a circular economy: light steel can be recycled through fusion to create other steel products. The material is thus almost entirely recyclable, which results in much less waste ultimately ending in landfills when compared to other construction materials. It is therefore one of the construction materials with greater environmental awareness.
  • Reduced impact on the construction site: the light steel structure can be raised at the site with minimum impact since it reduces the total amount of land that needs to be excavated. In addition, in a light steel construction, each piece is designed and created at the factory with a specific purpose in mind within the building under construction it destined to, which ultimately reduces the production of waste.
  • Job creation: twelve new positions will be created by 2023 in Portalegre, on top of the seven new roles created so far.

Indirect

  • The project will promote the growth of the local economy of Portalegre, a district with a high unemployment rate and where the local job market is saturated, through the creation of new job positions, as well as the affluence of collaborators to local establishments for consumption and the increased demand for materials to support the plant operations.

Promoter website

Team

[{"id":243,"promoter_id":187,"name":"Margarida Marques","description":"Guida Marques is an Electrotechnical engineer as well as an agronomist and has wide experience in developing key projects in the construction industry (from design to implementation).","link":"https://www.linkedin.com/in/guida-marques-0661481b6/","role":"Founder & CEO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/668/73d/0db/66873d0db794d540866727.jpeg","avatar_id":147894}]

Business Model

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