Join the construction of a portfolio of 21 photovoltaic electricity production projects on agricultural roofs!
The company Energies Nouvelles Courtage (ENC) is a French company specializing in the development of photovoltaic projects on agricultural hangars, founded in 2011.
ENC is currently developing a portfolio of 21 photovoltaic projects on agricultural hangars with a combined capacity of 6.3 MWc. These projects are located in metropolitan France. 17 out of the 21 projects are at the “ready-to-build” stage.
As part of the development of this portfolio, the company wishes to raise 1.4 million euros (in 2 tranches) to finance the construction stages of its projects. The second tranche will be launched once the 4 projects still under development have reached the “ready-to-build” stage.
Représentation 3D d'un projet prêt-à-construire dans le Gers (32)© Energies Nouvelles Courtage
The offer
Place a portion of your savings in the energy transition of Southwestern France
The company Énergies Nouvelles Courtage, a French company created in 2011, offers an investment opportunity in the financing of a portfolio of 21 ready-to-build photovoltaic projects on agricultural warehouse roofs. The projects are located in metropolitan France, in the South-West, grouped within the company Malianti Invest 1.
Objective
The crowdfunding operation by the ENC group aims to raise up to 1.4 million euros in the form of mezzanine debt in a maximum of 2 phases.
Use of Funds
These funds will be used by the project holder to finance part of the CAPEX necessary for the construction of the projects.
Security
Investors benefit from a first-ranking pledge on the issuing company, namely Holding Invest Capitole (which in turn holds the SPV Malianti Invest 1, which holds the project authorizations).
Repayment
The repayment of the bonds will take place thanks to long-term refinancing by a banking institution.
A subsidiary of the Malianti Group, Énergies Nouvelles Courtage has developed the projects for the SPV Malianti Invest 1. Vincent Lesieur is the managing director of the company Solartis, which will be in charge of the operation and maintenance of the plants.
Specifications
Investment phases
- Investment open to everyone
End of project financing
Resources
Simulator
Investment simulation
Malianti - Obligation 7.5%/year over 3 years
Simulation - Rate : 7.5% / year on 3 ans
Initial investment:
€1,000
Repayments and interest:
€1,225
In 3 transfers
| Date | Interest* | Capital | Amount |
| 31/08/2026 | €75 | €0 | €75 |
| 31/08/2027 | €75 | €0 | €75 |
| 31/08/2028 | €75 | €1,000 | €1,075 |
| Total | €225 | €1,000 | €1,225 |
*Gross interest before tax, including all fees (view taxation) The result presented is not a forecast of the future performance of your investments. It is only intended to illustrate the mechanics of your investment over the investment period. The evolution of the value of your investment may vary from what is shown, either increasing or decreasing. | |||
The project
21 photovoltaic rooftop projects in operation by the end of 2026!
The project portfolio managed by ENC includes 21 photovoltaic rooftop projects. One project will be installed on an existing agricultural hangar. The others will be installed on new buildings.
The 17 projects making up the first tranche of this collection are at the ready-to-build stage (or RTB for Ready-To-Build in English). This means that the construction projects for solarized hangars have been authorized, cleared of any appeals, and have obtained their long-term electricity buyback tariff.
The total capacity of the portfolio is 6.3 MWp for an estimated total annual production of 7,505 MWh. This represents the equivalent of the electricity consumption of approximately 1,680 households (excluding heating). Source: ADEME
💡 Did you know?
The unit “MWp” (pronounced Megawatt peak) corresponds to the electrical power output of a photovoltaic panel under standard measurement conditions:
- Air temperature of 25°C
- Standard sunlight of 1,000 Watts per square meter
The “MWh” (pronounced Megawatt hour) is a unit of energy. It is a unit of power multiplied by a unit of time
Example of a project in the portfolio
The project portfolio consists of agricultural installations. Here is a representation of one of the future installations located in Gers:
Impact
Project owners
☀️ Energies Nouvelles Courtage: Solar Power for Your Project
Energies Nouvelles Courtage (ENC) is an expert photovoltaic broker since 2011, a market leader with over 1,600 developed projects. Primarily present in southwestern France, the company aims to enable farmers to access new infrastructure at a lower cost and diversify their income.
🚜 A Strategic Model to Support the Agricultural World
ENC specializes, among other things, in the development and construction of agricultural hangars with photovoltaic roofs. ENC offers, as part of an innovative approach, its realizations without investment from the farmers. These are financed by third-party investors, partners of ENC, who benefit in return from the revenues of the photovoltaic plants.
This model has several advantages for the farmer:
- No investment of cash or bank debt for the construction of their production tool (hangar)
- In the long term, the farmer becomes the owner of the entire installation and can operate or not operate the plant on their own account.
⚖️ A Complete Offer
ENC also offers other types of photovoltaic plants:
- Roof Lease/Renovation: on existing agricultural hangars, ENC develops and builds rooftop photovoltaic plants. The owner benefits from a rent for the use of their roof during the operation period
- Solar Parking Shades
- Photovoltaic Agricultural Greenhouses
- Agrivoltaic Plants
- Conventional Ground-Mounted Photovoltaic Plants
👫 An Expert Team at the Service of the Territory
With a team of about twenty collaborators, ENC has a dozen salespeople spread across its areas of intervention. This presence allows for increased proximity with local farmers and industrialists, offering personalized and adapted support to the specificities of each territory.
Our analysis
Risk overview
Construction risks
Risk of construction delays or failure to complete the work
Mitigation methods
La construction des hangars agricoles et l’installation des centrales photovoltaïques seront assurées par la société Barconnière, spécialisée dans la construction métallique et fondée à 1973. La société Energies Nouvelles Courtage a quant à elle déjà supervisé la construction de projet pour le compte de tiers et bénéficie donc d’une expérience variée dans le secteur.
Refinancing risk
Credit risk related to the company's ability to refinance and meet its debt obligations.
Mitigation methods
À ce jour la société est en discussion avancé avec la banque partenaire. Le montant de la dette devrait être fixé prochainement et son décaissement devrait être permis concomitamment au décaissement des fonds d’Enerfip. Le business plan du portefeuille met en avant un DSCR suffisant pour couvrir le service de la dette sur les prochaines années avec un DSCR moyen de 1,22. L’obtention d’une nouvelle dette pour refinancement d’Enerfip semble ainsi un une hypothèse envisageable permis par la stabilité des flux sur la durée de vie du projet.
Investing in this participatory financing project involves risks, including the risk of total or partial loss of the capital invested. Your investment is not covered by the deposit guarantee schemes established in accordance with directive 2014/49/EU of the European Parliament and of the Council. Your investment is also not covered by the investor compensation schemes established in accordance with Directive 97/9/EC of the European Parliament and of the Council. Return on investment is not guaranteed. This is not a savings product, and we recommend that you not to invest more than 10% of your net assets in participatory finance projects. You may not be able to sell the investment instruments when you wish. If you are able to sell them, however, you may incur losses.
