Lendosphere 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.

Parc Photovoltaïque de Pont-du-Château

Fragile

score / 100

Yield

7.5%/yr

Duration

36 months

Min. ticket

1 k€

Amount raised

100 k€

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À propos

Participatory financing of development phase of a 7.7 MWc solar park at Pont-du-Château (Puy-de-Dôme, 63), developed by VALOREM Group (French renewable energy operator founded 1994). The project is in studies phase (environmental studies underway), with service entry scheduled 2029. The €100,000 crowdfunding finances studies and project development, not yet in construction phase.

Plateforme · 19.8/25

A1 · Statut réglementaire 8.0/8✓ max

agrément AMF licence AMF fonds propres-2023-22 in force since November 2023
Maximum status on the grid

A2 · Track Record 4.8/6bon

Default 0.34% (<1%) → 6/6
Delay 0.41% (<5%) → 6/6
Actual return vs announced: not explicitly communicated → 0/6
A2 = (6×0.5)+(6×0.3)+(0×0.2) = 4.8

A3 · Rigueur de sélection 2.0/4

Proven specialisation in renewable energy with €420M raised since 2014
No selection rate published nor detailed description of the analysis committee

A4 · Santé financière 3.0/4bon

Backed by 123 IM group, 90 employees, operational platform since 2014
Acquisition of Lendopolis in 2024 = expansion, not distress
Non-listed group/tier 1 institutional → 3 pts

A5 · Protection investisseurs 2.0/3

agrément AMF licensed → reflection period + continuity plan mandatory (1 pt)
Third-party escrow account for payments documented (1 pt)
No secondary market mentioned (0 pt)

Projet · 28.0/75 (33.0 brut, red flags −5)

B1 · Instrument & Structure 8.0/10bon

B1.1: 5/5 - Simple bond fixed rate, French law

B1.2: 2/3 - Direct loan from operator VALOREM, well documented

B1.3: 1/2 - Rank not formally registered, no known senior debt

B2 · Opérateur & Track record 11.0/15

B2.1: 3/4 - Nathan DUJANY appointed, project manager, but limited public profile

B2.2: 4/5 - VALOREM 30 years, 1.8 TWh produced 2025, 8.5 GW development

B2.3: 2/3 - +€63M raised, 9700 lenders, repayments honoured

B2.4: 2/3 - No proceeding, solid group balance sheet but not detailed

B3 · Garanties & Sûretés 5.0/15faible

B3.1: 2/9 - Implicit personal guarantee not notarised; no documented real security

B3.2: 1/4 - Guarantor VALOREM group solid but equity balance sheet not provided

B3.3: 2/2 - No identified bank credit; amount <€2M (no RF2)

B4 · Structure financière 4.0/15faible

B4.1: 2/5 - Project in development, no signed PPA, not connected, revenues not contractualised

B4.2: 1/4 - VALOREM equity contribution not quantified on this project

B4.3: 0/4 - No stress test; pre-revenue project

B4.4: 1/2 - taux de couverture de la dette not calculable, project development phase

B5 · Pré-commercialisation 2.0/10faible

Development phase, environmental studies underway
No permits, no PPA, no connection
Service entry scheduled 2029

B6 · Permis & Maturité 1.0/5faible

Development phase, preliminary studies underway
No permits filed or obtained as at crowdfunding date

B7 · Marché & Localisation 2.0/3

Solid renewable energy market France, correct irradiation (Puy-de-Dôme), ZAER classified by municipality
Slight uncertainty 2026 on global market but France stable

⚠ Alertes détectées · −5 pts déduits

Aucune garantie réelle sur ce projet −5 pts

No real security documented on this €100,000 project - no mortgage, no pledge, no notarised guarantee

Points forts

✓VALOREM: recognised operator, 30 years renewable energy experience, 1.8 TWh produced in 2025

✓All VALOREM participatory repayments honoured to date (+€63M raised)

✓Site classified ZAER by the municipality - explicit territorial support

✓Local crowdfunding limited to €100,000 - low concentration risk in absolute amount

✓Lendosphere licensed PSFP AMF FP-2023-22 - solid regulatory framework

Risques identifiés

!Project in very early development phase: studies underway, no permits filed, service entry 2029

!No registered real security: no mortgage, no pledge, no signed PPA

!Significant permit risk: ZAN law, possible local opposition, Enedis connection delays 12-36 months

!No PPA or acquired regulated tariff - revenues entirely conditional on outcome of CRE call for tenders

!Project financial structure not detailed: no financing plan, LTC/LTV not calculable

⚠ 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.