Green energy
Solar plants producing clean electricity, already in operation and under long-term contracts.
Private equity fund · Solar energy
Greenpower FCR
Invests in solar power plants, mainly in Portugal and Spain, with a focus on cash-flow generation and dividend distribution.
Contact usThe fund
Solar energy in operation
Greenpower FCR is a closed-end private equity fund, registered with the CMVM and managed by BIZ Capital. It invests in operating solar plants with long-term contracts, mainly in Portugal and Spain, with the possibility of expanding across Europe.
The aim is to generate regular cash flow and distribute it to investors as dividends.
Dividends
Regular distributions, usually annual, in line with the assets' cash flow. They are not guaranteed.
Golden Visa opportunity
The manager presents the fund as eligible for the investment funds route, with a €500,000 minimum.
Golden Visa
What the fund route requires
| Non-real-estate fund | Yes, according to the manager |
|---|---|
| CMVM supervision | Yes, fund registered with the CMVM |
| Minimum investment | €500,000 |
| Minimum 5-year maturity | To be confirmed: end date not published |
| At least 60% in Portuguese companies | To be confirmed: portfolio not published |
The manager states that the fund meets the route requirements. The decision lies with AIMA and is not guaranteed. Ask for the eligibility statement and check your own case with a lawyer.
Fund details
| Management company | BIZ Capital SGOIC, SA |
|---|---|
| Currency | EUR |
| Class | Private equity fund registered with the CMVM |
| Benchmark | Not applicable |
| Initial subscription | 1 unit, euro value to be confirmed |
| Subscription fee | Not applicable |
| Management fee | Maximum nominal 0.5% per quarter, up to 2% per year |
| Variable fee | Under articles 18 and 19 of the regulations, amounts to be confirmed |
| Redemption | Closed-end fund: payment at maturity |
| Fund end date | Closed-end fund with a term, date to be confirmed |
| Income | Dividend distribution |
| Investment horizon | 5 years or more |
| Minimum for Golden Visa | €500,000 |
| Inception | 22/10/2019 |
| CMVM registration | Number to be confirmed |
| Depositary bank | To be confirmed |
| Auditor | To be confirmed |
Documentation
The term sheet, the fund regulations, the prospectus and the key information document are available from the team.
Request documentationResults and portfolio
Fund figures
| Unit value | n/a |
|---|---|
| Fund assets | n/a |
| Distributions paid | n/a |
| TVPI / DPI | n/a |
| Plants in the portfolio | n/a |
|---|---|
| Installed capacity (MW) | n/a |
| Plant locations | n/a |
| Long-term contracts and market sales | n/a |
Activity began in 2019. We did not find these figures published: they are ready to receive the manager's official data.
Frequently asked questions
The essentials about the fund
Is it eligible for the Golden Visa?
The manager states that it is, for the investment fund route, with a minimum of €500,000. Before investing, ask for the eligibility statement.
What is the horizon?
Typically 5 years or more, in line with the maturity of the projects and the requirements of the route.
How do dividends work?
The policy provides for regular distributions, usually annual, depending on asset cash flow. They are not guaranteed.
What is the risk?
You may lose all the capital invested. The outcome depends on plant output, energy prices and regulation, and liquidity is low until the end date. Past returns do not guarantee future returns.
How and when do I get my capital back?
The fund is closed-end: there are no redemptions before the end date, and payment is made on that date. Until then, distributions depend on cash flow and are not guaranteed.
What if the fund ends before the permit is renewed?
Check the end date before subscribing and review the effect on the renewal of the residence permit with a lawyer.
How does it differ from Fundo Albatross?
Greenpower invests in operating solar plants, to generate cash flow and dividends. Albatross invests in the capital of Iberian companies with growth potential.
How is it taxed?
It depends on your country of residence and the type of income. Check the rules for your case with a tax adviser, including those for non-residents.
Is there currency risk?
The fund is in euros. Investors whose wealth is in another currency bear the exchange rate risk.
Who manages the fund?
BIZ Capital SGOIC, under CMVM supervision, with a team combining experience in energy and financial markets.
Investing in this fund may result in the total loss of capital. Read the regulations and the prospectus before investing. This page is not financial, legal or tax advice.