Crowdfunding with AkuoCoop
Act to foster the energy transition
AkuoCoop by Lendosphere is the participatory investment portal of the Akuo Group, independent French renewable energy producer. AkuoCoop by Lendosphere allows individuals or businesses to give real meaning to their savings. Everyone can thus tangibly participate in their region’s energy transition by investing in solar, wind or storage facilities and benefiting from their financial profitability.
Invest in real assets
Infrastructure investment in renewable energy projects is an asset class that offers stable revenue with little correlation to the macroeconomic situation. In France, for example, each renewable energy facility benefits from a Power Purchase Agreement – a contract covering the purchasing of the electricity produced by the plant – for a duration of over 20 years at a guaranteed price.
Through the AkuoCoop by Lendosphere crowdfunding portal, Akuo primarily provides an opportunity to invest in assets in their preconstruction phase and at the time of the project’s financial closure. At this stage, projects are released of any claims and possess a building permit, a power purchasing contract and a bank financing mandate. Some operations also allow assets that are already operational to be refinanced, freeing up additional liquidity to improve existing infrastructures.
Santas: one of Portugal’s largest solar plants is continuing its expansion
The Santas solar power plant, which is located in Portugal’s Alentejo Region, is currently being expanded. This new project will add a further 45 MWp to the plant’s current output, taking its total capacity to 225 MWp. The extension is scheduled to become operational by the end of 2025.
To finance this expansion, 5 million euros have been raised via the AkuoCoop by Lendosphere portal from more than 3,000 Portuguese and French investors, as well as investors of other European nationalities. This is a record crowdfunding amount for Akuo.
Once this extension comes online, the plant as a whole will enable 83,500 metric tons of CO₂ emissions to be avoided per year.
Extension of the first floating solar farm in France
With an output of 5 MWp, the O’MEGA 1 bis extension to the O’MEGA 1 floating solar farm will take the plant’s total installed output to 22 MWp.
Public support for this extension was immediate. Indeed, the O’MEGA 1 project attracted numerous visits to the site by local inhabitants and businesses. The educational paths installed with the support of the Akuo Foundation also helped many children take ownership of this achievement and become its ambassadors. Naturally, the possibility provided to local inhabitants of participating in the financing of the second part of the project was a resounding success. Local companies wanted to join in too, given that this project allows them to further establish their support of local projects.
This positive momentum led to over 560,000 euros being collected from local investors.
