Silosun is a French company specializing in the rehabilitation of industrial buildings to install its photovoltaic power plants. Since 2008, it has offered customized, turnkey solar power plant projects developed in collaboration with owners/operators.

Silosun manages the entire project, starting with administrative procedures, financing, then complete roof renovation to the installation of photovoltaic power plants and their maintenance, taking care to select quality and local materials and service providers to ensure the durability and safety of the installations. With over 17 years of experience in the field of renewable energies and more than 140 solar power plants developed, Silosun will have nearly 90 MWc of installed capacity to its credit by the end of the year.

Today, Silosun invites citizens to participate in the financing of the Decou park. This project is located in the commune of Tonnay-Boutonne (17) and concerns the renovation of an asbestos-containing building that requires a complete renovation. The building has a total area of 6,920 m², including a storage and logistics space. The installation has a capacity of 1,274 kWc and will produce the equivalent of more than 1,455 MWh each year. All the panels have already been installed and the power plants will be commissioned by the end of November.

Fund the renovation of roofs and the installation of solar panels

In the context of the national tender of the Energy Regulatory Commission (CRE), the project holder undertakes that at least 10% of the total project financing be provided by the inhabitants of the territory.

Through the project company SILOSUN PV 15, which holds this photovoltaic project, Silosun now wishes to issue bonds to citizens, for a total amount of €180,000.

Guarantee

A First Demand Guarantee (GAPD) has been granted by Silosun, the parent company of the group (Marseille RCS No. 853 795 623) for the benefit of the bondholders.

The project: What will your investment fund?

Through this crowdfunding campaign, Silosun aims to involve citizens in the energy transition close to home, offering them the opportunity to invest in a photovoltaic power plant renovation and development project in their region. By allowing everyone to participate in this project, Silosun intends to redistribute part of the wealth generated by the photovoltaic installations, so that residents can benefit from the economic benefits generated by the exploitation of a common natural resource: the sun.

Silosun is using collective financing as part of the national tenders of the Energy Regulatory Commission PPE2, and today wishes to proceed with the issuance of simple bonds to citizens, for an amount of €180,000.

This is an opportunity for every citizen to inform themselves and get involved at their own level in the development of renewable energies, by collectively and directly contributing to the success of the energy transition of our territory. The renovation of the roofs and the installation of solar panels require a total investment of more than €1.7M. This project will contribute to a reduction of CO2 emissions of more than 350 tonnes thanks to a total installed capacity of 1,274 kWc.

Who can invest?

In accordance with the terms of reference of the CRE, this fundraising is reserved for residents of the department where the project is located, namely Charente-Maritime (17) and its neighboring departments: Vendée (85), Deux-Sèvres (79), Vienne (86), Charente (16), and Gironde (33).

Project owners: Who will implement the project?

Silosun operates in the market of large industrial roofs. Silosun adds value to roofs and unused spaces by, among other things:

• Asbestos removal and roof renovation
• Direct access to cheaper solar electricity for operators
• Installation of shade structures and charging stations for electric vehicles

Silosun internally manages the entire process of photovoltaic power plant construction, from technical studies to maintenance of the plant for 30 years

History

Since 2008, the Silosun group has been an electricity producer that develops, builds, and operates large-scale photovoltaic solar power plants. “Over time, we have established ourselves as the reference partner for communities and owners of large roofs on which we build photovoltaic solar power plants.” Quality and the environment are at the heart of their organization, committed to a continuous improvement process. Silosun is ISO 9001 and ISO 14001 certified.

Silosun in a few figures

• 17 years of experience
• 140 solar power plants
• Nearly 90,000 solar panels installed
• More than 50 MWc of installed capacity

To learn more about Silosun, do not hesitate to visit their website by clicking on (a bit higher in the “Project carrier” section to the right of Silosun).

Platform analysis: What are the risks and proposed mitigation measures?

Tenders for Renewable Energy (CRE)

Promoting the Development and Competitiveness of Renewable Energies in France

To enable us to achieve, by 2030, the objective of producing 32% of our energy consumption through renewable energies, the State had to implement a framework that promotes the deployment of these energies and the massive investments associated with them, while ensuring their competitiveness against conventional energies. This is achieved through national tenders launched by the Energy Regulatory Commission (CRE), an administrative authority attached to the Ministry of Ecological and Solidary Transition responsible for implementing France’s energy policy. The CRE has established rules aimed at favoring projects with the most competitive tariffs. The predominant criterion for these tenders is therefore the purchase price, which allows us to assess the ability to compete with conventional energies. The selection of the project is also conditioned by its carbon footprint and by the environmental relevance of its implementation site.

Mobilizing Citizens for the Energy Transition of Their Territories

As part of the energy transition law, the State indicated that it wanted to encourage the investment of citizens and local authorities in renewable energy projects implemented in their territory. By submitting their application, the project leader can commit to opening their project to participatory financing or investment. In return - and subject to compliance with the conditions defined by the terms of reference - the CRE grants them a tariff bonus on the purchase price of the electricity produced by the project. The application of the bonus allows the project to be even more competitive when applying for the tender, as the project leader can then request an even lower electricity purchase price. This decision can be decisive in the selection of the project, since the score of each candidate is first and foremost conditioned by their ability to request the lowest possible price.

Construction risks

Delay

Risk of construction delays or failure to complete the work

Mitigation methods

The development company's team has extensive know-how and experience in carrying out this type of project.

L’ensemble des panneaux ont déjà été installés et la centrale sera mise en service d’ici fin novembre 2025.

Counterparty risk

Counterparty / Electricity Purchase Default

Risk of default by the counterparty on the purchase of electricity, which would jeopardize the project's cash flow.

Mitigation methods

Le tarif d'achat de l'électricité est sécurisé sur 20 ans par un contrat signé avec EDF + Une Garantie à première demande (GAPD) a été consentie par Silosun (société mère du groupe) au bénéfice de la masse des obligataires

Development risk

Authorizations

Risk relating to authorizations issued to the company and land, and third-party appeals against authorizations issued.

Mitigation methods

The development company's team has extensive know-how and experience in carrying out this type of project.

Le projet est lauréat d'un appel d'offres national, et les permis de construire ont été obtenus et purgés de tous recours

Operating risks

Bad operation

Risk of poor project operation, faulty workmanship or machine breakdown resulting in poor performance.

Mitigation methods

The development company's team has extensive know-how and experience in carrying out this type of project.