SOLAR CASH S.R.L.

SOLAR CASH Website

Solar Cash S.r.l. is a company born in 2012. It operates in the field of Energy Efficiency throughout the national territory, satisfying the needs of both small and medium-sized enterprises (SMEs) and large ones.

The company is experienced in managing commercial networks and developing new sales models. Thanks to a widespread network of "qualified installers" throughout the national territory and the management-organizational model, it is possible to implement energy redevelopment projects by evaluating both technological and financial aspects.

For Solar Cash, Energy Efficiency is not just an investment to reduce costs, but also a priority for the environment and life. For this reason, financial tools are sought that can guarantee entrepreneurs to minimize the investment cost, often not affordable for everyone.

THE OPINION OF THE ANALYST

The analysis of the Company, which aims 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 computer systems of available databases such as Crif, CriBis, CeBi, Cerved, Dun & Bradstreet, InfoCamere, and other financial scoring tools that combine traditional analysis (economic-financial, performance, reputational) with statistical methodologies based on Artificial Intelligence, Machine Learning, and Data Analysis.

Below is a brief summary of the findings emerged in the analysis of the company Solar Cash S.r.l., a company founded in 2012 dedicated to and specialized in energy efficiency.

The Chairman of the Board of Directors is Tommaso Bordini, on whom no negative aspects emerge.

The adopted analysis methodology involves the calculation of a synthetic risk indicator, called Integrated Easyscore by EasyFintech S.r.l., obtained through a proprietary algorithm that integrates and synthesizes three partial scores (Easyscore Expert, CeBi Score 4, and CR Score). The Integrated Easyscore of EasyFintech places the company in an area corresponding to the judgment of "Moderate Solvency".

Below are summarized the analyses of the other partial scores:

• Cribis D&B Rating: evaluates the financial solvency and commercial reliability of the company through the calculation of the Cribis d&b Rating (Failure score, Delinquency score, Paydex Cribis d&b, negative events). Solar Cash has been assigned a Cribis Rating equal to "3" with a cessation risk "higher than average"; and a financial consistency equal to €1,381,113

• CeBi Score 4: CeBi elaborations provide the calculation of PD - Probability Default through a certified algorithm for the banking world, within the scope of scoring models and internal rating systems (so-called Internal Rating Based) used by Italian Credit Institutions. The scores evaluate the economic and financial solidity of the company, placed in its current and prospective economic system. The analysis of the balance sheet as of 31-12-2022, in terms of insolvency risk, classifies the company in class V2, corresponding to a Vulnerability situation with a PD of 1.26%. This class includes 11.32% of companies belonging to the sector BUILDING CONSTRUCTION RESIDENTIAL AND NON-RESIDENTIAL. The entire sector is also positioned in the same class.

• CR Score: expresses synthetically a judgment on the use of credit lines granted to it by the banking system, reported within the Central Credit Risks of the Bank of Italy. The Score referred to the Central Credit Risks of the Bank of Italy is calculated over a 12-month period. This value is reserved as it is not public data, but the analysis did not reveal any critical issues.

The preceding analyses, summarized in the Integrated Easyscore of EasyFintech, place the company Solar Cash S.r.l. in an area of "Moderate Solvency".

CONCLUSIONS

CONTRACTUAL STRUCTURE

The Financing Agreement is a purpose loan: Solar Cash S.r.l. commits to use the funds received from the Investors exactly as specified in the Project outlined in the public offering and not to divert them for other purposes.

COST STRUCTURE

The estimated cost for the construction of the plant is around €505.000. The minimum target for the collection on Ener2Crowd will cover 20% of the Capex, while the maximum target will cover 60% of the total.

The lending crowdfunding campaign is a bridge loan that the company uses to cover the initial costs and continue with the construction works; the remaining portion of the Capex is covered by company funds.

AMORTIZATION PLAN

The amortization plan provides for the repayment of both capital and interest with each installment. Therefore, there will be quarterly installments amounting to € 28.805,22.

The following amortization plan for Solar Cash 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 effective from the first available date after the terms of the release, therefore the table provided is a mere simulation containing the first available date in case the campaign is finalized upon its expiration.

*before 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 funding this project, you can contribute to support and implement the following SDGs Sustainable Development Goals:

Why these SDGs?

• SDG 7 accessible electricity production from renewable sources;
• SDG 9 implementation of resilient structures and infrastructures;
• SDG 11 improvement of overall efficiency of buildings and communities;
• SDG 12 responsible production through renewable energy;
• SDG 13 combating and mitigating climate change with GHG reduction;
• SDG 17 multi-stakeholder partnerships to address common challenges related to the transition to a more sustainable energy system.

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

RENEWABLE ENERGY COMMUNITY

Energy communities are a model of energy organization and management that involves a community of individuals, businesses, or local entities collaborating to produce, consume, and share energy sustainably. These communities promote self-production and self-consumption of renewable energy, reducing dependence on traditional and centralized sources of energy supply through production from renewable energy plants. Production facilities are often installed at the community or neighborhood level and can be owned collectively or cooperatively, involving community members as shareholders or participants. One key aspect of energy communities is the sharing of the energy produced. This means that locally generated energy can be consumed within the community itself or sold to nearby users, creating a decentralized energy exchange model. In this way, energy communities promote energy efficiency, reduce greenhouse gas emissions, and support the local economy. Energy communities can also include smart energy management solutions, such as consumption management, real-time monitoring, and battery storage management. These technologies help optimize the use of produced energy and promote greater energy autonomy at the local level. Energy communities represent an opportunity to actively involve citizens in the transition to a more sustainable energy system, promoting participation, innovation, and awareness of energy consumption. This type of initiative presents several benefits, not only environmental but also social, and supporting it is an important step towards a more sustainable and inclusive future.

WHAT ARE THE ENVIRONMENTAL BENEFITS GENERATED BY THE PROJECT?

It is estimated that the 646 kWp R.E.C. of the Solar Cash S.r.l. project will have an estimated total annual producibility of 856.086 kWh, which is equivalent to:

                   

Saving 368.117 kg of CO2 in the atmosphere every year

                   

Planting 36.812 trees, enough to cover an area of 188 football fields

                   

Avoiding the emissions of exhaust gases from 257 cars every year

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