How does Enerfip select its projects?

As the European leader in responsible investment dedicated to financing the energy transition, Enerfip offers you high-performance, diversified, and short-circuit investment solutions for projects and project leaders. However, even if the principle is very simple – from just €10, you can invest the amount of your choice in renewable energy production, energy efficiency, or sustainable mobility projects – you may be wondering how the projects you invest in are selected. To shed some light on this, we present our process for selecting and analyzing the projects that are posted online on the platform.

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How are projects selected on Enerfip and what criteria are considered?

Key figures

🌱 In 2023, Enerfip received €645 million in requests and financed €140 million in projects.
🌱 We have thus rejected nearly 80% of projects, particularly due to the unsuitable theme, but also the proposed financial package.

At Enerfip, the project's theme is the first selection criterion. It obviously has to be in line with our professional sector, namely the energy transition! In short, Enerfip selects renewable energy production projects, but also anything related to energy efficiency or soft mobility. The second selection criterion concerns the nature of the financing. Generally, Enerfip finances projects that are at an advanced stage of maturity or companies that are well-developed and financially stable.

Who decides whether a project is proposed on the platform?

Enerfip has a Selection Committee made up of 3 members, who have solid experience in renewable energy (RE), whether technical or financial. It is therefore up to him to decide whether a project will go online or not – according to the terms and conditions presented by the analysts.

→ Discover the Enerfip team!

Project financing

Corporate financing

What is corporate financing?

Corporate financing refers to the means used by a company to obtain the funds necessary for its activities and growth. This can include issuing shares, borrowing funds, leasing assets, using venture capital, obtaining public subsidies, or using internal equity.

Analysis

For corporate financing, our analysts ensure the company's financial health, the volume of its assets, the quality of the assets that will be backed, and the securities to guarantee the repayment of investors in the Enerfip database.

Project financing

What is project financing?

Project financing consists of financing a company dedicated to a single project, which makes it possible to isolate the risks associated with a single activity and model its revenues. How?By selecting only a known object, the lender is not dependent on unknown and intangible elements that could intervene in the realization or implementation of other potential projects. In short, project financing allows you to finance an investment whose income and expenses are clearly identified at the time the loan is made.

The analysis

The analysis of a project focuses, first and foremost, on a purely technical aspect linked to the project's implementation. What does this mean? Our analysts verify that the projects have obtained the necessary elements for their implementation, such as securing land or a lease agreement. They then study the securities put in place to guarantee investor repayment, examine the financial aspect of the project, and ensure its profitability.

Do all projects have the same level of risk, and what securities are in place?

Using an internally determined methodology, our teams assign scores to the various projects. What does that mean? Each criterion is studied in detail! Technology used, quality of the sponsor, debt ranking... This allows us to establish a rating that will then be communicated on the project page.

The Enerfip rating system

🌱 The rating ranges from A+ for the least risky projects to D-, the threshold at which the Selection Committee decides not to put the operation online.

Everything is studied to offer the security most suited to the financial structuring of the financing in question (Autonomous Guarantee on First Demand - GAPD -, pledge of the shares of the financed company or even a pledge without dispossession)!

Now that you know everything you need to know about project selection on Enerfip, take the plunge and invest sustainably! If you're interested, make an appointment without further delay with the Investor Relations department, who will provide you with all the information you need!