Action Energy charges providers 29 euros monthly to bid on projects.
Tara Teppo · She's using her marketplace to fund $1m in ground heating systems in Finland and charging a SaaS Fee · Feb 6, 2024 · at 15:32
Action Energy founder Tara Teppo details the pricing model for clean energy service providers on the platform.
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“The monthly is, is 29 euros a month to register. So, so actually you can register for free, but if you want to bid on a project, so you need to be, so you need to be paying the SAS fee.”
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More from Tara Teppo
Finnish commercial ground heat projects typically have six to seven year paybacks.
“Usually, you know, the payback times for these are six to seven years.”
Ground heat projects are significantly more profitable than district heating.
“The ground heat projects are actually much more profitable than the district heating projects.”
Small-scale clean energy financing is highly underserved by traditional capital.
“But from there, I know from very sort of personal experience, how difficult it is to raise capital. For these small size asset financing. I mean, this is a very challenging area. So meaning that the, it's an underserved market. And because if you look at sort …”
Action Energy aims to raise a 10 to 15 million euro SPV.
“In the first, we first want to do sort of more like a carve out. So so 10 to fifty million euros. So so depending how much sort of debt leverage we can bring to that. So, so depends what's the absolute project value, but we aiming to raise about 10 to fifteen …”
Action Energy funds clean energy by owning projects and selling heat.
“No, actually it's not lending.
We become the project owners.
So, so, so we're going to be investing in the projects.
the buyer is going to make a subscription agreement with us.
So it's going to be buying heat as a service, energy efficiency as a service.”