new crowdfunding opportunity giga storage

about this project

From the construction phase, the issuer’s projects will be externally financed. Until then, investments need to be made in preparation, such as the analysis of the financial, technical and legal implications of upcoming projects, fixing locations and having experts prepare reports for the benefit of financiers from the construction phase onward. To finance the investments for the benefit of the development phase, the issuer decided to issue the bond loan.

key features

The bond to be issued has a term of two (2) years from the Effective Date and offers a fixed interest rate of 8.00% per annum. From the Effective Date, interest due will be paid semi-annually in arrears, on the Interest Date. The bond will be repaid in full in one lump sum at the end of the term. The bond loan is issued by GIGA Storage B.V. and is not (and will not be) subordinated to any other (future) financing raised by GIGA Storage B.V.

solution for the future

Liander is the grid operator in North Holland, Flevoland, Gelderland, Friesland and part of South Holland. We ensure that 3.2 million households and businesses can use electricity and gas. It is our job to keep the energy supply reliable, affordable and accessible. That is why we maintain and renew the existing energy network, and are ready day and night to resolve disruptions. We also reinforce the electricity network in places where more capacity is needed with new cables, distribution stations and transformer houses. So that our customers can always use energy. Now and in the future.

Sustainability

GIGA Storage focuses on the SDG: sustainable and affordable energy. To increase the share of renewable energy in a sustainable way, energy storage is an indispensable link. GIGA Storage contributes to encouraging investment in energy infrastructure and clean energy technology for the storage component.

They are actively engaged in raising awareness, educating and improving human and institutional capacity in mitigation, adaptation, impact reduction and early warning of climate change. One way they do this is by providing sustainability lessons at schools in Ouderkerk aan de Amstel, where awareness and the impact of climate change is taught. Furthermore, GIGA Storage enters the stage in debates about the energy transition.

about GIGA Storage

GIGA Storage realizes large-scale energy storage. It invests in projects for both energy optimization and grid stability. GIGA Storage aims to become key player of energy storage in Europe in order to fully utilize sustainably generated energy. Energy storage is the missing link in the transition to a world powered exclusively by renewable and clean energy.

---

https://www.duurzaaminvesteren.nl/projecten/giga-storage-bv/