In recent years, the growing number of regulatory obligations in the area of sustainable development have been incorporated into the CSR strategies of economic agents, to ensure compliance but also to express commitments.
Whether operating B2B or B2C, many companies have not waited for potential financial penalties to question their contribution to sustainable development. The same happens with people, more and more those who want to get involved in projects with a positive impact on society and the climate.
Renewable energy crowdfunding, the heart of Lumo’s activity, a pioneering platform in this field, may be the solution to unblock these projects.
With its simple, easy and direct system, Lumo returns the power to investors and offers them the possibility to choose for themselves the destination of their savings.
Working for territorial energy sovereignty
A social problem like the fight against climate change cannot only affect public authorities. All citizens have the right to feel involved and willing to contribute. Many projects in favor of the ecological transition can thus benefit from crowdfunding that directly connects savers, investors and projects, whether the latter are carried out by individuals, associations, companies or municipalities. Finance is here a tool to bring together stakeholders with common values around very specific projects.
Lumo offers bonds issued by companies or project companies that manage renewable energy infrastructures. They can be solar installations, wind farms, biogas or small hydroelectric plants. In all cases, Lumo aligns its values and its way of operating with the projects it offers to savers.
The investment is accessible from 50 euros. The bonds have a gross annual interest rate of 3-7% with a maturity of 3-5 years.
All these investments contribute to two fundamental things: 1: an energy mix that goes in the direction of energy decarbonization 2 – an improvement in the energy sovereignty of the territories, a commitment whose importance the war in Ukraine has brought to life.
Improve by improving your tools and experience
Now backed by Societe Generale, one of the leaders in infrastructure financing, particularly in the field of energy, Lumo has been able to sustain its financing and gain momentum by improving its process, tools and expertise.
Its goal for 2025: to become a major player on a European scale. An ambition that revolves around two significant projects: – an international opening in terms of the projects to be financed, and an opening to Europe in terms of investors with an enrichment of the offers to go beyond the production of energy from from renewable sources and support the decarbonisation of the economy.
The projects are as numerous as the challenges are immense.
A business model at the service of the general interest
Lumo’s selection process is an extremely important differentiator. In fact, aware of his responsibility to private investors who deposit their savings in his projects and do not have to take unreasonable risks, Lumo strives to maintain a zero delinquency rate.
Finally, with the desire to be an organization with an impact and to put its business model at the service of the general interest, Lumo, which in 2015 was the first B-Corp certified start-up, has just obtained its 3rd B-Corp certification. In doing so, it aims to respond to the ambition of the labeled companies: not to be the best in the world, but the best FOR the world.
Source: BFM TV
