WHAT IS CROWDESTOR?
Crowdestor is real estate investing platform, which gives everyone the opportunity to invest directly in real estate and business projects without middlemen and hidden conditions or costs. With Crowdestor you can start investing from 100 euro with an annual interest rate starting from 12%.
New investment opportunity
Biomass boiler house
An energy company SIA “Olaines Enerģija” is establishing an SPV “Olaines BIOenerģija” and planning to raise capital to develop a 5 MW biomass boiler house located in Olaine city. Energy production plant is going to be connected to district heating operator of Olaine city – AS Olaines ūdens un siltums.
District heating system in Olaine is owned and managed by municipality owned operator AS “Olaines ūdens un siltums” which buys thermal power from independent energy producers and sells to end users.
SIA “Olaines BIOenerģija”, is going to be a part of SIA “Olaines Enerģija” (hereinafter – Group) which is an experienced energy producer in Olaine – owns and manages 2.97 MW natural gas cogeneration plant.
Minimum target: EUR 260 000,00
Maximum target: EUR 380 000,00
Loan term: 18 months
Interest rate: 18.50% per annum
Interest payments: paid monthly after first 6 months. For first 6 month interest payments are capitalized and paid in bullet payment together with the Loan principal payment
Loan repayment: In full at the end of the Loan Term
Security: Guarantee by Borrower
Crowdestor BuyBack fund: Yes