Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Candi Solar B.V Issue 9 - 5.75% Bond

6 months to mature 5.75% interest

candi solar B.V Issue 9 - 5.75% Bond

£500,000
Raised

433
Investors

22
Days to run

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invested   1.36 MWp

Funds from this raise will provide 1.36 MWp of new solar generation in India ...

households   1,670 tonnes

... saving 1,670 tonnes of CO2 emissions a year

Solar power for businesses in India

This investment will have a positive economic and environmental impact. By funding the delivery of solar power to small and medium businesses in India, it will provide clean, affordable and reliable energy to help them thrive.

Electricity from solar power will save the businesses running costs, and candi's customised approach, which includes finance, will make this available to businesses who might not otherwise be able to afford the full up-front costs.

These systems are expected to avoid a total of 41,800 tonnes of carbon emissions over their 25 year lifetimes.

About candi solar B.V

  • Incorporated in July 2020
  • candi's name comes from commercial and industrial, or c and i, which is the type of solar installations they specialise in
  • Since commencing operations, they have contracted or commissioned more than 79 MWp of solar installations at 114 sites.
  • As of June 2023, 41 MWp solar capacity is operational, with 38 MWp in delivery.

Key Product Information

Issuer: Candi solar B.V.

Issuing Country: Netherlands

Investment target: £500,000

Minimum investment: £50

Maximum investment: No maximum

Maturity: 6 months

Expected interest rate: 5.75% per annum

Withholding tax rate: 0% (applicable to UK residents who do not invest within an IF ISA)

Interest payment frequency: Single interest payment at 6 months

Capital repayment: Single repayment at 6 months

Financial instrument: Promissory note / secured interest bearing bond

Security: Unsecured

Key Risks

This is a bond issued by a single company (rather than a savings product) and therefore it is recommended that you are careful with the amount you invest.


You must read the offer document (provided below) where a full statement of risks is presented.

Documents

Candi solar in the media

What the project investment will enable

With the funds from this raise, candi will finance, procure and install tailor made solar infrastructure projects into leases with businesses in India, with a combined capacity of 1.36 MWp. Based on candi's existing clients this is expected to provide new solar systems to two small or medium businesses.


This investment will provide the businesses with a fully financed rooftop solar solution, enabling them to cut their operating costs and allowing them to inject the savings back into their operations.


Power generation in India is dominated by coal with high carbon emissions. Moving to solar energy gives businesses more reliable access to energy whilst also reducing the carbon footprint of their operations.

candi solar B.V

candi offers a fully financed rooftop solar solution to underserved SMEs in India, allowing clients to immediately cut their electricity costs, reduce their reliance on grid and diesel power, and eventually own the system themselves.


As of June 2023, candi had built a portfolio of more than 41 MWp and had contracted to deliver a further 38 MWp of installations across South Africa and India.

Social and environmental impact

candi finances, builds and operates solar solutions for small and medium businesses in emerging markets, helping customers improve their bottom line while at the same time helping mitigate the effects of climate change.

Social Impact

Social Impact

SMEs can benefit from more reliable and cheaper electricity, allowing them to inject the savings back into their business. This is what candi has achieved already:

81

tailor made solar infrastructure projects installed and operating

79 MWp

total installed/commissioned capacity

30 MWp

already operating just in India

Environmental Impact

Environmental impact

The environmental impact of installing the full 1.36 MWp capacity from this raise will be:

2

businesses supplied with renewable energy

1,670 tonnes

reduction of CO2 each year

41,800 tonnes

total CO2 emissions avoided over 25 years

  • pdf

    Offer Documents

    candi solar Issue 9 Offer Document (Log In to download)

 

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