Investment Information
INVESTMENT SUMMARY
ANNUAL RATE OF RETURN: 8-10%
SECURITY: Floating charge over the assets of the Company.
TERM: 3 -4 years
ISSUE DATE: 15 November 2018
MINIMUM INVESTMENT: £10,000.*
TARGET RAISE: The Company is seeking to raise a maximum of £6,000,000.
TRANSFERABLE: Ownership of the Bonds can be transferred to another party (as per the terms set out in the instrument) but are not regularly traded on any market.
ISA STATUS: IFISA eligible
*You could lose all of your money invested in this product. This is a high-risk investment and is much riskier than a savings account. ISA eligibility does not guarantee returns or protect you from losses.
*You could lose all of your money invested in this product. This is a high-risk investment and is much riskier than a savings account. ISA eligibility does not guarantee returns or protect you from losses.
HOW DOES SOLAR TECHNOLOGY WORK?
There are two types of solar power: photovoltaic (PV) systems that convert sunlight directly into electricity, and concentrated solar power that uses solar thermal energy to heat water, generate steam and thus power a turbine.
Radiant Solar will be developing sites utilising the former. Each photovoltaic panel is made up of a number of cells formed of semi-conductive material. When photons or light particles hit the material, electrons become excited and are released, these are then captured resulting in an electric current. This is known as the photovoltaic effect, first observed by Edmond Becquerel in 1839. Although solar panels work optimally in bright conditions, this effect is why electricity can still be produced even when it is overcast, as all that is required is light.
BUSINESS OPPORTUNITY
Radiant Solar Ltd seeks in the short to medium term to become one of the market leaders in the solar power generation sector in Poland. In the longer term, the Company is seeking to expand its operations into other countries that it has identified as having high growth potential.
Headquartered in London, the owners and management of the Company have been undertaking research and working within the renewable energy sector in Poland over the last two (2) years. It has also been building partnerships throughout the country with a variety of different stakeholders, including potential off-takers via power purchase agreements such as Arcelor Mittal, co-development partners to assist with engineering, procurement and construction (EPC) and operation and maintenance (OM) such as Canadian Solar UK Projects Limited, and finance partners to further fund the development of acquired sites such as Sequoia Investment.
Management Company. The owners and management of the Company have also sought advice from other relevant parties, in particular Green Max Capital Advisors, a clean energy consultancy with extensive project experience globally.
The Company has identified Poland as a market with great potential for growth in the solar sector, for the following reasons:
- Clean energy targets
- Government support for renewables
- Positive economic outlook
- High growth and high demand for energy
Further details explaining each of the above reasons can be found in the Investment Memorandum that is available for download.
FIND OUT MORE
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Full details are provided in the Investment Memorandum.
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Radiant Solar
£961,000
of £800k
63
Current Investors
120.12% Funded
0 hour left to fund
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