The SoLR& Renewable Energy Fund is a special purpose vehicle which aims to provide local growth-stage companies (Commercial and Industries) with an opportunity to switch to renewable and efficient energies.

Fund Target

To finance up to 25 growth-stage businesses operating out of Lebanon with sustainable business models and looking to invest in efficient and renewable energies.

Benefits

SoLR& offers a rental scheme which allows you the below:

• Benefit from cash flow positive solar PV.
• Boost business’ bottom line and achieve immediate savings, by significantly reducing electricity costs quickly, easily and with no upfront cost.
• Allow companies to increase the hours of production.
• Replace already scarce and expensive diesel fuel.
• Reduce their overhead expenses.
• Reduce the negative environmental impact and pollution.
• Avoid the purchase by SMEs of fuel from ad-hoc and often unwanted sources.
• Help sustain entities’ operations and hence maintain and create jobs.

Sectors

Commercial & Industries (C&I) – Sector agnostic

Fund Selection Criteria

• Growth-stage companies (Commercial & Industries)
• Turnover > $500K
• Energy Savings > 30% of current power consumption
• Profitable Business
• Employees > 20
• Availability of Energy Audit and/or Assessment
• Project payback period < 5 years

Tickets: Between $200K - $2M
Term of Financing: Up to 5 years
Proposed Financial Instrument: Rental Agreement

You can apply via the link below:

http://bitly.ws/BBij

For more info, email us at:

[email protected]