INTERVIEW TO PROPONENT

WHAT AM I INVESTING IN?

The company Energred Power Plant S.r.l. asks for a funding of €250.000 (with a maximum of €300.00) for the purchase and installation of a photovoltaic system at the headquartes of the Company WBO ITALCABLES Soc. Coop., in Caivano (NA).

The Final Customer is WBO ITALCABLES Soc. Coop., constituted in April 2015 by 51 former members of Italcables S.p.a. with the aim to save, thanks to a Workers Buyout project, the industrial plant owned by Italcables SpA in liquidation located in Caivano, ASI area of Pascarola, which insists on an area of approximately 75,000 square meters of which about 25,000 square meters of plants and offices.

The Caivano plant, built between the late 1970s and early 1980s by Redaelli Tecna, which retained its property until June 2008, specialises in the production of building products.

First Redaelli and then Italcables have diversified and expanded the production range becoming over the years leader, not only in Italy but also abroad, in the field of reinforced concrete cables, in the production of wires, braids and trefoli for pre-compressed reinforced concrete (CAP) for the production of prefabricated elements and large structures, such as viaducts, bridges, dams, tunnels, regasifiers, tunnels, railway traversine and geotechnical rods.

Equipped with the best technologies and facilities, the plant has a production capacity of more than 60.000 tons/year. Products and processes of high quality and efficiency, together with an experienced and competent staff, an efficient commercial organization and a know-how of ancient tradition allow WBO Italcables to offer products and services of excellent quality, always responding promptly to the different needs of customers.

This enterprise is one of the two most relevant cases in existence of companies saved and refounded by their employees thanks to an operation of "Workers Buyout" (LINKS). This particular story has also received an important media coverage by RAI, taken as an example of a positive and effective case to reconstruct a sustainable and competitive production fabric in Italy. The overall transition to a sustainable production model will be completed by the photovoltaic solar system.

The solar system will allow to generate about 870.000 kWh of electricity every year, providing a remarkable economic saving to the Customer.

WBO will benefit from an unprecedented rate for self-consumption, which will establish a new Italian record for corporate PPAs.

HOW DOES THE INVESTMENT PAY FOR ITSELF?

The SEU (User Efficient System) is a local energy system that allows a manufacturer to sell electricity directly to a user. The photovoltaic system in SEU mode is easily integrated with the existing system configuration of the user without altering the functionality in any way. These characteristics make the SEU a unique and unmissable opportunity in the energy market, as they allow for a zero-cost photovoltaic system, and to lower the electricity bill thanks to the self-consumption[...] (Sign up now to discover more).

ENERSCORE - WHAT IS ITS RATING?

Ener2Crowd provides a standardized parameter called "EnerScore" that is assigned to every single investment proposal. This parameter defines a GLOBAL RATING that sums up objectively, in a complete and understandable way all the data that characterize the project.[...] (Sign up now to discover more).

INTEREST RATE CORRECTION FACTOR

In recent months, the global socio-economic context is leading to a strong increase in inflation, i.e. the prolonged increase in the average price of goods and services. For this reason, the ECB plans to raise mortgage and lending rates with the aim of preserving consumers' purchasing power.

In this situation Ener2crowd also chose to insert the so-called “Correction factor” of interest rate (Fc), with the aim of adapting interest rates (and therefore investor annual returns), to the variability of the general situation of loans.

HOW THE Fc FACTOR IS APPLIED [...] (Sign up now to discover more)

THE PLACE OF THE INTERVENTION

The photovoltaic system will be installed at the headquarters of the Final Customer WBO ITALCABLES, in Caivano (NA).