Crowdestor has launched new investment object – Biomass heating production plant in Latvia.

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Project Summary

An operational thermal power production plant is planning to raise capital to acquire wood chips for the following heating season, and to partly refinance short-term liabilities and shareholders debt. Energy production plant has a total energy out-put of 15 MWh and it is connected to district heating system of Riga.

Business valuation according to certified appraisal – EUR 11 660 000,00.

Loan information

Minimum target: EUR 600 000,00.

Maximum target: EUR 950 000,00.

Loan term: 24 months.

Interest rate: 21.00% per annum.

Visit Crowdestor website  and start investing in real estate from 100 EUR!

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