WATER PARTNERS S.R.L.

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Water Partners S.r.l. (WP) is an Italian company that invests in "water projects" developed by Genius Watter in selected African regions (Cape Verde and Zanzibar), promoting the installation of reverse osmosis (RO) plants, powered by solar energy during daylight hours, with the aim of providing clean and drinkable water to local communities and businesses, following a "pay-as-you-go" business model.

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Genius Watter S.r.l. is committed to providing CLEAN WATER POWERED BY THE SUN. Their mission is to provide access to clean and affordable water powered by the sun, empowering individuals, communities, and local businesses.

Committed to making water available with environmentally, socially, and economically sustainable solutions wherever it is needed. With the ambitious goal of operating according to a competitive and sustainable business model that is environmentally friendly and inclusive for people.

A young company with the experience of pioneers in the solar energy sector. An international team that brings together young professionals with experienced individuals, united by a strong passion for sustainability.

THE STORY

Vast experience in solar photovoltaic energy driven by a passion for sustainability. Since 1981, Water Partners founder Franco Traverso has been building the first solar photovoltaic systems and components worldwide.

In the four decades that followed, he developed international partnerships, projects, and solar panel production facilities, driven by his passion for solar energy. In 2018, he received the "Environmental Leadership Award" from ICCO North America and in 2021 the "Lifetime Achievement of the year" award from Afsia Solar Awards 2021 for his 40 years of experience in the solar industry and his significant long-term contribution to the development of the African solar industry.

An impact-driven company, with the goal of democratizing access to water.

In 2018, Dario Traverso, thanks to the knowledge acquired from his father and eager to create a sustainable company with a strong social impact, founded Genius Watter with Franco based in Italy.

Since 2018, several projects have been developed in Africa, providing clean and accessible water to private clients and communities, even in locations outside the power grid.

In 2023, Water Partners was established to financially support Genius Watter's sustainable initiative, giving investors the opportunity to invest in clean water supply projects, implemented with the patented Genius solar water technology, already tested in multiple international contexts.

THE OPINION OF THE ANALYST

The analysis of the company proposing to raise funds is the result of the Report issued by EasyFintech S.r.l.. - License art. 134 TULPS Prefecture of Milan prot. n. 14795/12B15E of 31/01/2020 - based on available database calculators such as Crif, CriBis, CeBi, Cerved, Dun & Bradstreet, InfoCamere and other financial scoring tools that combine traditional analysis (economic-financial, trend, reputational) with statistical methodologies based on Artificial Intelligence, Machine Learning and Data Analysis.

Water Partners S.r.l. is a recently established company with the primary purpose of managing financial resources, investments, and proceeds from the activities of Genius Watter Group S.r.l. and other related companies in order to attract capital necessary for corporate development.

Its corporate purpose includes "non-exclusively and not towards the public, participation in entities operating in the energy sectors, in particular solar-photovoltaic, collection, management, treatment and sale of water, cold management, and any activities related to renewable energies [...] the company may also grant financing and provide collection, payment, and fund transfer services with the resulting charges and interest [...]".

CONTRACTUAL STRUCTURE

The Financing Agreement is a purpose loan: Water Partners S.r.l. undertakes to use the funds received from the Investors exactly as provided for in the Project outlined in the public offer and not to divert them for other purposes.

There is an Autonomous Guarantee by Mega Group S.r.l. - the Parent Company of Water Partners S.r.l..

COST STRUCTURE

The expected cost for the construction of the solar water factory is €735,000. The minimum target for the Ener2Crowd crowdfunding campaign will cover 13% of the Capex, while the maximum target will cover 40% of the total.

The crowdfunding campaign is a bridge loan that the company uses to cover initial costs and start the installation of the plant; the remaining portion of the Capex will be financed through equity investment.

AMORTIZATION PLAN

The amortization plan provides for the repayment of capital and interest at each installment. Therefore, there will be quarterly installments amounting to € 28,805.22.

The following amortization plan for Water Partners S.r.l. is calculated with an interest rate of 9% for a total of €300,000.

N.B.: The start of the amortization plan is perfected from the first available date after the terms of the release have elapsed, therefore the table shown is a mere simulation containing the first available date in case of campaign completion at its expiration

*net of any tax withholdings.

CONFLICTS OF INTEREST

The Relevant Parties, except for the Conflict of Interest Policy Manager and the Crowdfunding Service Provider, who cannot under any circumstances participate in the Crowdfunding Offerings published on the Platform, are authorized to invest in this Crowdfunding Offering on equal terms with all other Investors and without preferential treatment or privileged access to information.

For more information, please consult the policy at the following link

SDGS ACTIVATED BY THE PROJECT

By financing this project, you can contribute to support and implement the following SDGs Sustainable Development Goals:

Why these SDGs?

• SDG 6 guarantees availability and sustainable management of water for all;
• SDG 7 production of electricity from renewable sources;
• SDG 8 improvement of working conditions in the area surrounding the plant;
• SDG 9 implementation of resilient structures and infrastructure;
• SDG 10 reduction of inequality;
• SDG 11 improvement of energy efficiency and strengthening of communities;
• SDG 12 responsible and efficient consumption of available resources;
• SDG 13 combating and mitigating climate change with a related reduction in GHG.

Become a protagonist of the future and sustainable development by financing this initiative!

DESALINATION OF WATER THROUGH SOLAR PHOTOVOLTAIC ENERGY

Water Partners, through Genius Watter, provides a turnkey solution for pumping, desalinating, and distributing clean water from saline water sources (from hard and brackish water to seawater) anywhere, using solar energy. The solar-powered reverse osmosis desalination system without batteries is the core product of Genius Watter. Each system is designed and engineered according to the specific needs of the customer, to ensure maximum performance over time.
Here is a brief description of the process: photovoltaic solar panels convert solar energy into direct current electricity. This electrical energy is then used to power the entire water pumping, desalination, and distribution system. After being pumped, the incoming water is pre-treated through various types of filtration, which remove residues that could clog the osmosis membranes. Through the use of high-pressure pumps, the water is directed into the osmosis membranes that separate the salt and other impurities. Once out of the osmotic membranes, the water can be purified and remineralized. After the desalination and post-treatment process is completed, the clean water is stored in a tank, ready for subsequent consumption, or distributed through an automatic dispenser for on-demand water supply, via the building's water network or through drip irrigation in agricultural areas.
The use of photovoltaic energy in this process has several advantages: solar energy is a renewable and clean source, reducing the environmental impact of the desalination process. Locally produced energy reduces dependence on external power sources, making the system more reliable and sustainable. In the long run, solar energy can reduce operational and management costs, as solar energy is free after the initial installation of photovoltaic panels. This technology is widely applied in many parts of the world to address challenges related to access to safe drinking water and clean energy.

WHAT ARE THE ENVIRONMENTAL BENEFITS GENERATED BY THE PROJECT?

It is estimated that the 45 kWp photovoltaic system connected to the desalination plant allows a saving of 27 tons/year of CO2 equivalent, which is equivalent to:

                   

Saving 27,000 kg of CO2 in the atmosphere every year

                   

Planting 2,700 trees, enough to cover an area of 14 soccer fields

                   

Avoiding the emissions of exhaust gases from 19 cars every year

These are the effects and benefits that can also be generated thanks to your contribution!