8LENDS

27,727.90USDC

55.46% of 50,000 USDC

Repaidon Apr 10, 2026

Funded date: Apr 16, 2025
Repaid date: Apr 10, 2026
Loan period: 12 months
Annual interest: 20.90 %

Battery storage equipment for a steelmaker

GREEN ENERGY designs, supplies, installs and services solar PV and battery storage systems for Italian industry. It is raising €800K to buy equipment for a €1,946,748 storage project with Acciai Speciali Terni.

27,727.90USDC

55.46% of 50,000 USDC

12 months20.90 %Repaid

GREEN ENERGY SRL operates as an end-to-end service provider in the green energy sector, specializing in the design, procurement, installation, and maintenance of renewable energy solutions, primarily focusing on solar photovoltaic (PV) systems and battery energy storage systems (BESS). The company’s core value proposition lies in delivering integrated energy solutions to industrial clients, ensuring long-term sustainability and operational efficiency.

A crucial aspect of GREEN ENERGY SRL’s business model is its post-installation support and maintenance services, which were significantly expanded in 2024. The company recognizes that solar panels and battery storage systems have a limited lifespan, with solar panels typically lasting 25–30 years and BESS requiring maintenance and potential replacement every 10–15 years. As the first wave of large-scale renewable energy projects in Italy matures, demand for professional servicing, repairs, and system optimization is expected to grow substantially. GREEN ENERGY SRL has positioned itself in this emerging market, ensuring its clients maximize the efficiency and longevity of their renewable energy assets.

To reduce dependency on new project acquisitions and establish a stable revenue stream, the company has strategically invested in its service and maintenance division. This expansion allows GREEN ENERGY SRL to offer fixed, long-term service contracts, providing financial predictability and ensuring continued engagement with existing clients beyond the installation phase.

The company is led by Bonelli Simone, who has extensive experience in the green energy sector. His industry knowledge and strong professional network have contributed to the company’s rapid growth since its inception. The ability to secure high-profile projects and maintain strong supplier relationships has been a key factor in GREEN ENERGY SRL’s competitive positioning. The company's early financial performance demonstrates the leadership’s capability to navigate market challenges while expanding operations.

Project Design and Engineering

The company provides comprehensive engineering and design services, conducting feasibility studies, energy modeling, and site assessments. The team evaluates factors such as solar irradiance, energy consumption profiles, grid integration potential, and battery storage capacity to develop tailored energy solutions for clients.

Project documentation follows international and national standards, including IEC (International Electrotechnical Commission), ISO 9001 (Quality Management Systems), and CEI (Italian Electrotechnical Committee) regulations. Each project undergoes a rigorous validation process before documentation is submitted to clients. Documentation includes technical specifications, layout drawings, electrical schematics, structural analyses, and grid connection requirements, ensuring full compliance with industry and regulatory standards.

The final project documentation is delivered in digital and physical formats, accompanied by detailed operational manuals and compliance certificates, ensuring seamless integration into the client’s infrastructure. This systematic approach enhances transparency, facilitates project approvals, and allows for efficient implementation by all stakeholders.

Procurement and Installation

GREEN ENERGY SRL is responsible for sourcing and installing key renewable energy components, including:

Solar panels: Monocrystalline and bifacial PV modules optimized for high efficiency.
Inverters and power management systems: Advanced inverters ensuring stable and optimized energy conversion.
Battery storage solutions: Lithium-ion BESS for peak shaving, backup power, and energy management.
Structural and mounting systems: Custom mounting structures for rooftops, ground-mounted systems, and industrial applications.

In large-scale projects, the company frequently engages subcontractors to optimize costs and execution timelines. These subcontractors specialize in civil engineering, high-voltage grid connections, and structural assembly, ensuring that each component of the project is handled by experts in the respective field. GREEN ENERGY SRL maintains strict quality control and project oversight, ensuring compliance with agreed timelines and performance guarantees.

Additionally, the company often operates as a subcontractor for major construction firms or general contractors who oversee large infrastructure projects. This approach allows GREEN ENERGY SRL to focus on its core expertise—renewable energy solutions—while leveraging the operational and logistical capabilities of larger firms. By positioning itself within this niche, the company maintains a strong market presence while mitigating risks associated with full-scale infrastructure management.

Maintenance, Servicing, and Lifecycle Management

Recognizing the growing need for professional maintenance services in the renewable energy sector, GREEN ENERGY SRL expanded its workforce in 2024 by adding a dedicated service and maintenance team. The team consists of:

6 Field Technicians specializing in the servicing of solar PV systems and inverters.
4 BESS Specialists focusing on battery diagnostics, capacity restoration, and module replacement.
2 Operations Supervisors managing maintenance schedules, ensuring compliance with service agreements, and overseeing safety protocols.

The company offers preventive and corrective maintenance programs, ensuring that energy systems operate at peak efficiency throughout their lifecycle:

Routine inspections and performance diagnostics: Monitoring degradation rates of solar panels and battery efficiency.
Thermal imaging and electrical testing: Identifying system inefficiencies and potential faults before failures occur.
Battery module replacement and refurbishment: Extending the operational lifespan of BESS assets.
Cleaning and recalibration of PV panels: Maximizing energy yield and preventing efficiency losses due to environmental factors.

The service division operates on long-term contractual agreements, ensuring clients receive continuous operational support and system optimization, while also providing GREEN ENERGY SRL with a stable and recurring revenue model. This shift enhances financial resilience and mitigates the risks associated with fluctuating project-based income.

Green Energy was foundedMar 5, 2021

Start of active work/productionMar 5, 2021

Revenue in 2023€10,105,369

Revenue in 2024€11,633,537

Min target25,000 USDC

Investors49

Interest paymentsmonthly

Principal repaymentsbullet

Total payments12 months

Details

GREEN ENERGY SRL is pursuing an ambitious growth strategy that focuses on increasing profitability through equipment supply, installation projects, design services, and long-term maintenance contracts. By balancing new projects with recurring revenue streams from servicing agreements, the company aims to strengthen its financial position and ensure sustainable long-term growth.

Revenue Breakdown and Profitability by Segment

Equipment supply represents a significant portion of GREEN ENERGY SRL’s operations, contributing approximately 52% of the company’s revenue. While this segment generates substantial turnover, its profitability remains within a range of 7-11% due to market competition and procurement costs. To mitigate these limitations and improve margins, the company has introduced an extended warranty program. By sourcing only from trusted manufacturers with proven reliability, GREEN ENERGY SRL minimizes the likelihood of early failures. Since most defects occur within standard warranty periods, offering extended coverage incurs minimal risk while creating an additional revenue stream.

The longevity of the supplied equipment further reinforces this strategy. Solar panels have an operational lifespan of 25-30 years, with an annual efficiency degradation of less than 0.5%. Routine maintenance involves cleaning, periodic efficiency testing, and inverter inspections every 6 to 12 months to prevent dust accumulation and energy loss. Battery storage systems function optimally for 10-15 years, provided they undergo regular monitoring, firmware updates, charge cycle balancing, thermal management checks, and deep discharge prevention. Inverters and smart energy management systems last between 8 and 12 years, requiring software diagnostics, circuit inspections, and component replacements every one to two years to ensure continued efficiency. To support these critical operations, GREEN ENERGY SRL has established a dedicated service line, ensuring swift response times, predictive maintenance capabilities, and proactive system optimization, thereby extending equipment lifespan and reducing failure risks for clients.

Installation projects constitute approximately 28-30% of annual revenue and maintain a profitability margin of 22-28%. These services include the deployment of solar energy systems, battery storage integration, and grid connections. Due to the varying nature and geographic dispersion of projects, GREEN ENERGY SRL relies predominantly on subcontractors. This approach allows the company to scale efficiently without maintaining a large in-house construction workforce. To ensure quality control, the company retains an internal engineering team, led by a chief engineer, who supervises all projects and ensures compliance with industry standards.

Engineering and design services form a critical component of the company’s value proposition, accounting for 8-11% of total revenue with the highest profitability among all segments, reaching 45%. This business line encompasses feasibility studies, site assessments, detailed system planning, regulatory documentation, and optimization of energy solutions. Although this service is highly profitable, it is difficult to scale since its primary function is to support installation projects rather than serve as a standalone growth driver.

The maintenance and servicing division, officially launched in 2024, has quickly gained traction, contributing 12% of total revenue. This segment offers the highest profitability, with margins reaching 45%, and is expected to expand significantly in 2025, accounting for 20% of the company’s total turnover. The rising demand for maintenance services presents an opportunity for sustainable long-term growth, particularly as more large-scale renewable energy projects enter operational phases and require ongoing support.

Key Contract for 2025: Acciai Speciali Terni S.p.A.

GREEN ENERGY SRL has secured a Letter of Intent with Acciai Speciali Terni S.p.A., a major steel manufacturing company, to install an advanced energy storage system. This project will enable the client to optimize electricity consumption, reduce peak load demand, and enhance overall grid stability. The contract, valued at €1,946,748, involves the procurement of equipment totaling €1,249,033, with the remaining €697,715 allocated for engineering, installation, and commissioning services.

Financial Performance

The financial performance of GREEN ENERGY SRL reflects a dynamic growth trajectory supported by strategic investments and operational scaling. This section presents key financial indicators for the period 2021–2024, highlighting trends in revenue, expenses, profitability, and capital expenditures.

Financial Overview

GREEN ENERGY SRL has demonstrated consistent revenue growth, with a significant increase in 2023 and 2024, attributed to project expansion and the introduction of a dedicated service division. However, net profitability declined in 2024 due to substantial reinvestment in infrastructure and operational scaling.

Capital Investment and Expansion

In 2024, GREEN ENERGY SRL made a strategic capital investment of approximately €853,980 to establish a dedicated service division for energy storage system maintenance and solar panel refurbishment. This move was driven by the company’s strategy to reduce reliance on new project acquisitions and create a more predictable, contract-based revenue stream.

The capital investment was allocated to:

Equipment procurement for diagnostics, repair, and testing of battery energy storage systems (BESS) and solar panels.
Hiring and training of specialized maintenance personnel, ensuring a skilled workforce for long-term service contracts.
Infrastructure development, including a dedicated facility for battery testing and solar panel refurbishment.

This investment is expected to stabilize cash flows through long-term maintenance agreements and increase the company’s market competitiveness in renewable energy servicing.

Description of the Loan

GREEN ENERGY SRL seeks a loan of 800,000 EUR to finance the acquisition of critical equipment necessary for the execution of its upcoming project with Acciai Speciali Terni S.p.A.. The contract involves the procurement of equipment totaling €1,249,033, with the remaining €697,715 allocated for engineering, installation, and commissioning services.

The requested loan will cover part of the equipment procurement costs, while the remaining amount will be financed through GREEN ENERGY SRL’s financial reserves and the profitability of other ongoing services, ensuring that the project is fully funded without financial delays. As soon as the company secures confirmation of the loan, it will immediately proceed with signing the final contract with Acciai Speciali Terni S.p.A., solidifying its commitment to the project.

Loan Collateral

To secure the loan of 800,000 EUR, GREEN ENERGY SRL proposes a collateral structure comprising existing service infrastructure, dynamically pledged inventory, and equipment procured within the financed contract. Ownership of these collateral assets will remain with the company until all contractual obligations and client payments are fulfilled.

Service Line Infrastructure:

GREEN ENERGY SRL possesses a fully operational maintenance and servicing line specializing in the repair and optimization of energy storage systems and solar panels.
The market liquidation value of this infrastructure is estimated at approximately 550,000 EUR, providing a tangible and high-value collateral component for the loan.

Dynamically Pledged Inventory:

In 2024, the company sold equipment worth 5.4 million EUR, indicating a steady monthly turnover in supplied equipment.
Based on this performance, GREEN ENERGY SRL maintains an average of 450,000 EUR in rolling inventory at any given time, which serves as a dynamic form of collateral.
These inventory assets, while fluctuating, remain a core component of the company’s operations and represent a significant portion of its working capital.

Equipment Procured Under the Financed Contract:

The loan will partially finance the procurement of energy storage systems for the Acciai Speciali Terni S.p.A. contract.
The total value of equipment procured under this contract amounts to 1,249,033 EUR.
Ownership of this equipment remains with GREEN ENERGY SRL until the completion of the contract and the corresponding payments from the client.
This means the financed assets themselves function as collateral, ensuring that the lender has direct security over tangible and valuable equipment.

Risk scoring

Total risk score9/10

Debt to equity1.79

LTV36%

Credit history9 / 10

Collateral typeCompany Assets

The risk assessment rests on a growing revenue base of more than €11M, a diversified list of major industrial clients and collateral that includes the very equipment the loan buys.

D/E (Debt-to-equity) of 1.79 is moderate;
LTV of 36% means the collateral is well above the loan amount;
Credit history score of 9/10.

Keep in mind:

the anchor project is a letter of intent, with the final contract signed after the loan is confirmed;
net profitability declined in 2024 due to heavy reinvestment;
equipment supply, about 52% of revenue, earns only 7–11%;
installation relies mainly on subcontractors, and part of the collateral is fluctuating inventory.

Risk factors

Equipment supply, the largest segment at approximately 52% of revenue, earns only 7–11% because of market competition and procurement costs. Net profitability declined in 2024 due to substantial reinvestment in infrastructure and operational scaling, including the €853,980 service division.

The Acciai Speciali Terni project is secured by a letter of intent: the company will sign the final contract once the loan is confirmed. Installation relies predominantly on subcontractors, with quality supervised by an internal engineering team led by a chief engineer, and part of the collateral is rolling inventory whose level fluctuates with turnover.

To limit warranty exposure, the company sources only from trusted manufacturers with proven reliability; since most defects occur within standard warranty periods, its extended warranty programme carries minimal risk while adding a revenue stream.

Financials

GREEN ENERGY is growing on two fronts: larger industrial projects and a new recurring-revenue service business.

Growing revenue

Revenue rose from €10,105,369 in 2023 to €11,633,537 in 2024.
The Acciai Speciali Terni letter of intent adds a €1,946,748 project for 2025.

Recurring service revenue

The maintenance division, launched in 2024 with an investment of about €853,980, already brings 12% of revenue.
Its share is expected to reach 20% in 2025, at margins of up to 45%.

Margin mix

Installation earns 22–28% and engineering and design up to 45%.
Equipment supply earns 7–11%, supported by an extended warranty programme.

Market

Italy’s renewable energy construction market is estimated at €35B a year, with solar PV and battery storage accounting for nearly €12B; across the EU the market exceeds €200B. Demand is driven by Italy’s 30% renewable target for 2030, PNRR funding and energy-intensive industries investing in on-site solar and storage.

Revenue and profitability by segment

GREEN ENERGY’s growth strategy increases profitability by balancing new projects — equipment supply, installation and design — with recurring revenue from long-term maintenance contracts.

Segment	Share of revenue	Profitability
Equipment supply	~52%	7–11%
Installation projects	~28–30%	22–28%
Engineering and design services	8–11%	up to 45%
Maintenance and servicing	12% (2024), 20% expected in 2025	up to 45%

Equipment supply generates substantial turnover at modest margins; an extended warranty programme adds a revenue stream on top.
Installation covers solar systems, battery storage integration and grid connections, delivered mainly through subcontractors so the company can scale without a large in-house construction workforce.
Engineering and design is highly profitable but hard to scale, since it mainly supports installation projects rather than serving as a standalone growth driver.
Maintenance and servicing, officially launched in 2024, quickly gained traction and is expected to expand significantly as more large-scale projects enter their operational phase.

The equipment’s longevity supports the service line: solar panels degrade by less than 0.5% a year and are serviced every 6 to 12 months; battery storage functions optimally for 10–15 years with regular monitoring, firmware updates and thermal checks; inverters and energy management systems last 8 to 12 years, with diagnostics and component replacement every one to two years.

Financial performance and capital investment

The company has shown consistent revenue growth, with a significant increase in 2023 and 2024 attributed to project expansion and the new service division: revenue reached €10,105,369 in 2023 and €11,633,537 in 2024. Net profitability declined in 2024 because of substantial reinvestment in infrastructure and operational scaling.

In 2024 GREEN ENERGY made a capital investment of approximately €853,980 to establish a dedicated service division for energy storage maintenance and solar panel refurbishment, allocated to:

equipment for diagnostics, repair and testing of BESS and solar panels;
hiring and training of specialised maintenance personnel;
a dedicated facility for battery testing and solar panel refurbishment.

The investment is expected to stabilise cash flows through long-term maintenance agreements and strengthen the company’s competitiveness in renewable energy servicing.

Key contract for 2025: Acciai Speciali Terni S.p.A.

GREEN ENERGY has secured a letter of intent with Acciai Speciali Terni S.p.A., a major steel manufacturer, to install an advanced energy storage system that will let the client optimise electricity consumption, reduce peak load demand and improve grid stability.

Contract component	EUR
Equipment procurement	1,249,033
Engineering, installation and commissioning	697,715
Total contract value	1,946,748

Market assessment

Construction in Italy and the EU is being reshaped by renewable energy and sustainability initiatives, and Italy — one of the leading EU nations in renewable adoption — offers a favourable environment for solar and BESS specialists. The renewable energy construction market in Italy is estimated at €35 billion annually, with solar PV and battery storage accounting for nearly €12 billion. The EU-wide renewable infrastructure market exceeds €200 billion a year, with solar alone over €50 billion.

Government policies and EU directives

Italy has committed to raising its renewable share to 30% by 2030 under the EU Green Deal and the Fit for 55 package.
The PNRR (Piano Nazionale di Ripresa e Resilienza) allocates billions to energy transition projects, including solar infrastructure and storage.
Incentives such as Conto Energia, Superbonus 110% and tax deductions encourage businesses to adopt solar and storage.

Industrial demand and sustainability goals

Italy’s industrial sector — steel, automotive, manufacturing and heavy industry — is one of Europe’s largest energy consumers and is seeking cost-effective, sustainable energy.
Many industrial corporations have adopted ESG commitments requiring them to cut carbon footprints and integrate renewables.

Infrastructure expansion

Italy is seeing a surge in solar farm construction, battery storage deployment and grid modernisation.
Simplified permitting is enabling faster execution of industrial-scale solar and BESS installations.
The expansion of logistics hubs and data centres across Italy and Europe adds demand for resilient on-site energy and backup storage.

Collateral breakdown

Equipment procured under the financed contract · €1.2M€550K€450K

Equipment procured under the financed contract€1,249,033

Service line infrastructure€550,000

Dynamically pledged rolling inventory€450,000

Total pledged€2,249,033Contract equipment value, liquidation value of the service line and average inventory.

The €800K loan is secured by three groups of assets that stay owned by GREEN ENERGY until all obligations and client payments are fulfilled.

1. Equipment for the financed contract — €1,249,033

Energy storage systems bought for the Acciai Speciali Terni project.
The company keeps ownership until the contract is completed and paid.

2. Service line infrastructure — €550K

The maintenance and repair line for energy storage systems and solar panels, at estimated market liquidation value.

3. Rolling inventory — €450K

The average stock of equipment held at any time, based on €5.4M of equipment sold in 2024.

So the lender has direct security over the equipment the loan finances, on top of the company’s own service assets and stock.

Loan collateral

To secure the €800,000 loan, GREEN ENERGY proposes a collateral structure of existing service infrastructure, dynamically pledged inventory and the equipment procured under the financed contract. Ownership of the collateral assets remains with the company until all contractual obligations and client payments are fulfilled.

Collateral component	Basis	EUR
Equipment procured under the Acciai Speciali Terni contract	Total value of the energy storage equipment; owned by the company until contract completion and client payment	1,249,033
Service line infrastructure	Estimated market liquidation value of the maintenance and servicing line for energy storage systems and solar panels	550,000
Dynamically pledged inventory	Average rolling inventory, based on equipment sales of 5.4 million EUR in 2024	450,000

The financed assets themselves function as collateral, giving the lender direct security over tangible, valuable equipment. The inventory fluctuates but remains a core part of operations and a significant portion of working capital.

Description of the loan

GREEN ENERGY SRL seeks a loan of €800,000 to finance the acquisition of critical equipment for its upcoming project with Acciai Speciali Terni S.p.A. The loan covers part of the €1,249,033 equipment procurement; the remainder is financed from the company’s financial reserves and the profitability of other ongoing services, so the project is fully funded without delays. As soon as the loan is confirmed, the company will sign the final contract with Acciai Speciali Terni S.p.A.

Borrower

Green EnergyROMA, Italy · founded 2021

Reg No: 16087171001

About the company

GREEN ENERGY SRL operates as an end-to-end service provider in the green energy sector, specialising in the design, procurement, installation and maintenance of renewable energy solutions — primarily solar photovoltaic (PV) systems and battery energy storage systems (BESS). Its core value proposition is delivering integrated energy solutions to industrial clients that ensure long-term sustainability and operational efficiency.

The company sources its equipment primarily from the United States and China, leveraging relationships with top-tier manufacturers to secure competitive pricing and high-quality components; procurement is aligned with project-specific requirements for efficiency, regulatory compliance and longevity. To reduce dependency on new project acquisitions, it has invested in a service and maintenance division that offers fixed, long-term service contracts and continued engagement with existing clients beyond installation.

Corporate identifiers: GREEN ENERGY SRL, an Italian limited liability company; registration number 16087171001; established in March 2021; registered office Via Terenzio 7, 00193 Rome, Italy.

Leadership

The company is led by Simone Bonelli, who has extensive experience in the green energy sector. His industry knowledge and professional network have contributed to the company’s rapid growth since its inception, and the ability to secure high-profile projects and maintain strong supplier relationships has been a key factor in its competitive positioning.

Project design and engineering

The company provides comprehensive engineering and design services — feasibility studies, energy modelling and site assessments. The team evaluates solar irradiance, energy consumption profiles, grid integration potential and battery storage capacity to develop tailored solutions.

Project documentation follows international and national standards, including IEC (International Electrotechnical Commission), ISO 9001 (Quality Management Systems) and CEI (Italian Electrotechnical Committee) regulations, and undergoes a validation process before it is submitted to clients. It includes technical specifications, layout drawings, electrical schematics, structural analyses and grid connection requirements, and is delivered in digital and physical formats with operational manuals and compliance certificates.

Procurement and installation

GREEN ENERGY sources and installs the key components of renewable energy systems:

Solar panels — monocrystalline and bifacial PV modules optimised for high efficiency.
Inverters and power management systems — advanced inverters for stable, optimised energy conversion.
Battery storage solutions — lithium-ion BESS for peak shaving, backup power and energy management.
Structural and mounting systems — custom structures for rooftops, ground-mounted systems and industrial applications.

In large-scale projects the company frequently engages subcontractors specialised in civil engineering, high-voltage grid connections and structural assembly, while keeping quality control and project oversight in-house. It also often works as a subcontractor for major construction firms and general contractors, focusing on its renewable energy expertise while leveraging their operational and logistical capabilities.

Maintenance, servicing and lifecycle management

Solar panels typically last 25–30 years, and BESS require maintenance and potential replacement every 10–15 years. As the first wave of large-scale renewable energy projects in Italy matures, demand for professional servicing, repairs and system optimisation is expected to grow substantially. In 2024 the company expanded its workforce with a dedicated service and maintenance team:

Role	Headcount	Focus
Field technicians	6	Servicing of solar PV systems and inverters
BESS specialists	4	Battery diagnostics, capacity restoration and module replacement
Operations supervisors	2	Maintenance schedules, compliance with service agreements, safety protocols

Preventive and corrective programmes cover routine inspections and performance diagnostics, thermal imaging and electrical testing, battery module replacement and refurbishment, and cleaning and recalibration of PV panels. The division operates on long-term contracts, giving clients continuous support and the company a stable, recurring revenue model that reduces the risks of fluctuating project-based income.

Clients and market segments

Segment	Demand	Current clients
Industrial and manufacturing facilities	Steel, automotive and heavy manufacturing investing in on-site solar and storage to cut costs and secure energy stability	Danieli & C. Officine Meccaniche, Tenova S.p.A., Interpump Group, Sogefi Group, IMA Group
Large construction and infrastructure projects	Infrastructure developers and EPC contractors managing multi-million-euro renewable projects	Salini Impregilo S.p.A., Astaldi S.p.A., Maire Tecnimont S.p.A.
Energy providers and grid operators	Utility-scale solar farms and battery storage plants needing design, installation and long-term maintenance	Sorgenia S.p.A., Geotec S.p.A.
Logistics and data centres	On-site solar integration and backup battery systems to meet sustainability goals and cut energy costs	—