Bloxs Investimentos and CGC Energia announced the opening of a public offering to raise funds for the construction of five photovoltaic solar plants in Brazil. Each plant will have a capacity of 105 kWp, totaling 525 kWp of installed power. They will be implemented in the region of São José do Rio Preto (SP).
According to the companies, the plants are individual, autonomous and independent, meaning they will not be divided. In total, the investment is R$2 million. Investors can participate with shares starting at R$10 in the Equity modality, whose contract will give access to the shares of the SPE company set up exclusively for the operation.
The monthly remuneration from the energy produced will be used by the beneficiary companies based on rental contracts managed by CGC. “All projects here at Bloxs are always analyzed and approved down to the smallest financial detail. However, more than that, we always seek to have successful entrepreneurs with the ability to execute as bidders. This energy operation makes us very excited in this regard,” highlighted Felipe Souto, CEO of Bloxs.
According to the executive, investing in solar energy represents an excellent possibility for portfolio diversification for the investor, since it refers to a contribution in real assets, not correlated with market volatility. “Mainly, it is a natural protection against an inflationary spike, since energy has a high pass-through capacity”, recalled Souto.
Distribution of rents and opportunities
CGC Energia, through the investment vehicle, will monitor the plant's production month by month, collecting and receiving monthly rents that will be received in the SPE's current account and distributed to investors.
Furthermore, there is upside potential – upside potential that a given asset has – for investors with the maturation and sale of the plant, as the SPE is managed by a company dedicated to the segment, indicating that it will lead a process of consolidation and future sale of the asset. This is guaranteed to the investor through a Drag Along clause, which determines that minority shareholders have the duty to sell their shares, if the majority shareholder decides to sell their share.
“With the Equity offer, via Bloxs, for photovoltaic plants in São José do Rio Preto, our objective is to generate long-term recurring revenue for investors, provide more economical energy to customers and cause a positive environmental and social impact”, he highlighted Guilherme de Araújo, CEO of CGC Energia.
To access the waiting list for the CGC Energia offer, click here.
An answer
Please request information regarding companies that aim to set up a solar plant in an area of 30 thousand meters facing the highway in the municipality of Charqueada SP