We are supervised by
2 MW solar power park Narvydžių vil., Skuodo d., Lithuania (1 stage)
Amount of funding
167 400 €
LTV
60%
Annual interest rate
11.00% - 12.00%
Total expected project return
11.00% - 12.00%
Loan period
12 mo.
Risk
C (higher)
Purpose of the loan
Development loan
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
8
Raised:
804 € Goal:
167 400 €
804 € Goal:
167 400 €
0.48%
How much will I earn if I invest:
Investment size
100.00 €
166 596.00 €
11%
11.25%
11.5%
11.75%
12%
With this project in one month I will earn
€
After 12 months I will earn
€
* This calculator is exemplary and provides approximate results. Please note that the actual earnings may differ from the results provided by the calculator
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Įstatai UAB Gudruolis.pdf |
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| 2 | Turto vertinimo ataskaita.pdf |
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| 3 | Įkeičiamo žemės sklypo išrašas iš NTR.pdf |
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| 4 | Statybos leidimas.pdf |
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| 5 | Fotovoltinių saulės elektrinių išdėstymo planas.pdf |
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| 6 | Techninis darbo projektas.pdf |
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| 7 | PIID (1 etapas).pdf |
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About the loan
Purpose of the loan
Real estate development
Amount of funding
167 400 €
LTV
60 %
Risk
C (higher)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
12 mo.
Minimum loan period
4 mo.
Collateral
Real estate pledge
Mortgage rank
First order mortgage
Amount allocated by project owner
540 000.00 €
Purpose of the loan
A loan of EUR 810,000 is required to finance the entire project, which is divided into stages. The loan funds will be used for (a) partial payment for the purchase of the land plot; and (b) for construction - installation works of engineering structure of another purpose - 2 MW solar power park in Narvydžių village, Skuodo municipality, Skuodo district, Lithuania.
The first stage of the loan (EUR 167,400) is announced based on the value of the land plot to be purchased and mortgaged. Additional rounds of funding (total of EUR 642,600) will be announced later. The borrower, who prepared a technical work project, received a construction permit based on it and started work on the object, carried out an evaluation of the object (property evaluation report dated 11/19/2024) and determined the current market value of the land plot - EUR 279,000 and the future market value of the property - 1,340,000 EUR without VAT. In view of this, the Borrower applied for full project financing, which will amount to EUR 810,000, while maintaining the same ratio of asset value to loan (60%), which will be calculated based on the future asset value in accordance with Clauses 5.32 - 5.33 of the Rules for Assessing the Reliability of Project Owners, i. e. in accordance with the established ratio, financing the completed works and purchased devices, which are/will be formalized in the prescribed manner by signed acts of completed works and invoices.
The loan funds of the first stage will be used to pay for real estate, a plot of land in Narvydžių village, Skuodo mun., Skuodo d., Lithuania, acquisition and the preparation of the plot for construction, the funds of the subsequent stages will be used in stages for the full development of the project. The borrower plans to build a 2 MW solar power park and put it into operation. The loan will be repaid by refinancing it in another financial institution, when the borrower, after completing all the construction and contracting works, will receive the final deed of the construction works and, based on it, will register the 100% completion of the building in the real estate register.
About the project
A 2 MW solar power plant is under development. Photovoltaic elements will be grouped in groups of 20 modules that will be mounted on a metal structure. The tilt angle of the photovoltaic cells is 20 - 30 degrees, facing south. 3,007 modules will be installed in the solar power park. The factory-ordered mobile metal structure accommodates 20 modules, which make up one block. A total of 151 units will be installed. A modular transformer station is being installed in the solar park.
The slope of the photovoltaic cells is 30°, oriented to the south. The steel structures of the load-bearing frame are made of frames connected by roof lengths. Columns, mesh elements, pillars and stringers are designed from hot-rolled galvanized curved profiles. S320 grade steel is used for frames, longitudinals and connecting parts.
The project is prepared in accordance with the production conditions issued by AB ESO. The project deals with engineering electrical networks. The limit of ownership and property is determined in the designed modular transformer station on the terminals of the 10kV manufacturer's cable connection.
The solar power park is designed with 6 inverters of 330 kVA power. A transformer 1x2000kVA 10/0.8kV is designed to transfer the energy generated by the solar power park to the 10 kV AB ESO network. Network quality analyzers and a controller for solar power plants are installed in the transformer. In the transformer room, TSPI equipment is also installed for the collection and transmission of teleinformation to AB ESO's DMS system.
More about the project (see Documents).
Investment from 50.00 €.
Interest
Annual interest rate
- Investing from 50.00 € - fixed interest 11 %
- Investing from 1 000.00 € - fixed interest 11.25 %
- Investing from 3 000.00 € - fixed interest 11.5 %
- Investing from 5 000.00 € - fixed interest 11.75 %
- Investing from 10 000.00 € - fixed interest 12 %
The Interest on the Loan Amount shall be calculated from and including the date of disbursement of the Loan Amount to the Debtor's Account or to such other account (or accounts) as notified by the Debtor to the Operator in writing prior to the disbursement of the Loan Amount.
Loan term and repayment
Loan period
12 mo.
Minimum loan period
4 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2024-12-13
Estimated loan repayment date:*
2025-12-13
If the Debtor repays the Loan earlier than after the specified minimum loan period, it undertakes to pay interest to the Lender for the entire specified minimum period.
* The loan is planned to be repaid by the end of the project term from the expected growing income of the company, increasing profits, sale of assets or refinancing of the loan.
Procedure for disputes between parties to a financing transaction
The investor has the right to withdraw their investment within 96 hours from the submission of the money lending proposal on the platform
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