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
Ticket Size: Between $150K – $3M
Term of Financing: Up to 5 years
Proposed Financial Instrument: Rental Agreement
You can apply via the link below:
For more info, email us at:
For Solar Providers, you can download the technical guideline and qualifications criteria below.
PORTFOLIO
IN NUMBERS
INVESTED
0
M$
COMPANIES FUNDED
0
JOBS CREATED
0
+
JOBS SUSTAINED
0
+
kWp INSTALLED
0
CO2 EMISSIONS REDUCED IN KG
0
M+
EQUIVALENT TREES PLANTED
0
K
MWh PRODUCED
0
WOMEN INCLUSION
0
%
VIDEOS