← Retour aux projets
Sunrise - Trinité Surzur Bail
EN
Enerfip Renewable energy Financé
Ce projet est clôturé. L'analyse ci-dessous reflète les informations disponibles au moment de la souscription et n'a pas été mise à jour.

Sunrise - Trinité Surzur Bail

Fragile
43
score / 100
Yield
8.0%/yr
Duration
36 months
Min. ticket
—
Amount raised
2 M€
À propos

Financing of development of a portfolio of 12 ground-mounted photovoltaic projects with a potential cumulative capacity of 114 MW via Sunrise subsidiary (75%). Repayment planned upon sale of developed projects. Simple bullet obligation over 3 years (renewable 1 year).

Plateforme · 21.0/25
A1 · Statut réglementaire 8.0/8✓ max

Enerfip holds AMF licence agrément AMF fonds propres-2022-2 currently valid (verified against AMF register)

A2 · Track Record 6.0/6✓ max
  • Score adjusted based on live data: default rate 0.0%, delay rate 0.5%, target IRR consistent with announcements
  • Exceptional ENR history → 6/6
A3 · Rigueur de sélection 3.0/4bon
  • Selection process documented with internal committee and technical/financial analysis
  • Selection rate not published
A4 · Santé financière 3.0/4bon
  • Score adjusted based on live data: platform profitable (€773K profit 2024), >7 years existence, healthy growth €700M+ financed, no distress signal
  • Lumo acquisition 2025 strengthens position
A5 · Protection investisseurs 1.0/3faible
  • 4-day cooling-off period mandatory for agrément AMF (1 point minimum)
  • No secondary market mentioned
  • Segregated accounts not documented
Projet · 22.0/75 (27.0 brut, red flags −5)
B1 · Instrument & Structure 7.0/10
B1.1: 5/5 - Simple obligation at fixed rate, French law
B1.2: 2/3 - Direct operator loan well documented
B1.3: 0/2 - No registered security, de facto ranking not documented
B2 · Opérateur & Track record 7.0/15faible
B2.1: 4/4 - Analia Guitart appointed, CV attached, identifiable profile
B2.2: 1/5 - Renewable energy experience not documented, société dédiée (SPV) without track record in ground-mounted PV development
B2.3: 0/3 - First transaction on Enerfip
B2.4: 2/3 - No proceedings, but recurring losses (€-1.9M in 2022)
B3 · Garanties & Sûretés 6.0/15faible
B3.1: 6/9 - Pledge of Issuer shares (100%) + Sunrise (75%) registered
B3.2: 0/4 - Guarantor not assessed financially, recent société dédiée (SPV) without significant equity
B3.3: 0/2 - No documented banking partner
B4 · Structure financière 2.0/15faible
B4.1: 0/5 - No PPA signed, 114 MW development phase without contractualised revenues
B4.2: 0/4 - Operator equity contribution not documented
B4.3: 0/4 - No stress test presented, Loan-to-Value (ratio prêt/valeur actif) not calculable
B4.4: 2/2 - No evaluable operating margin, but repayment depends on project sales
B5 · Pré-commercialisation 2.0/10faible
  • Development phase, no final permit obtained or PPA signed
  • 12 projects 114 MW underway, repayment conditioned on future sales
B6 · Permis & Maturité 1.0/5faible

Development phase, no permit obtained or documented connection confirmation on file

B7 · Marché & Localisation 2.0/3
  • Score adjusted through live data: French renewable energy market stable, 5.9 GW PV added 2025
  • Electricity price declining (€49.75/MWh Cal-26) vs €60/MWh 2024-2025, but reinforced state support €10bn 2030
⚠ Alertes détectées · −5 pts déduits
Pas de financement bancaire −5 pts

No bank credit on €2M project - external validation absent

Points forts
✓Enerfip platform: PSFP licence, exceptional renewable energy history 0% default
✓Simple obligation French law, registered pledge of shares
✓French renewable energy market supported by state, strong installed capacity growth
✓Identified manager with verifiable qualifications (MBA Schiller, GPA 3.90)
Risques identifiés
!RF2 triggered: €2M project without banking partner - no external validation
!Very early stage: 114 MW without final permit or PPA signed or connection confirmed
!Repayment conditioned on sale of developed projects, uncertain horizon
!Electricity price declining Cal-26 €49.75/MWh vs €60 spot 2024-2025
!Operator without documented track record in ground-mounted PV development
!SPV recurring losses €-1.9M (2022), no solid holding guarantee
!Complete absence of stress test and opaque financial structure
!Duration 3 years renewable 1 year at operator discretion, calendar uncertainty
Score card
Score card — Sunrise - Trinité Surzur Bail
↓ Download
Voir toute l'analyse Enerfip →
Autres projets sur Enerfip
Colomiers - Silosun PV19 Renewable energy 84/100 Silosun PV19 – Perpignan Renewable energy 79/100 Billy-Berclau BESS Renewable energy 76/100 Pia Leclerc - Centrale Photovoltaïque AFD 44 Renewable energy 76/100
⚠ Avertissement sur les risques

Investir en crowdfunding comporte un risque de perte partielle ou totale du capital, ainsi qu'un risque d'illiquidité. Selon le baromètre France FinTech / Forvis Mazars 2025, 25 à 30 % des projets accusent un retard de plus de 6 mois et 4 à 6 % entraînent une perte définitive. Ne placez jamais plus de 5 à 10 % de votre patrimoine en crowdfunding et diversifiez sur au moins 10 projets. CrowdPickr est un service d'information indépendant, non agréé en tant que conseiller en investissement. Les analyses présentées ne constituent pas un conseil en investissement personnalisé.