Allianz France, Lendosphere partner to offer crowdlending for energy projects in France

Allianz France has entered into a partnership with crowdlending plaftorm Lendosphere to facilitate an innovative funding opportunity for small-scale projects related to the energy transition in France.

Seinergy Lab, an energy research entity as well as French environment and energy management agency ADEME have also backed the initiative.

The investment programme is mainly targeting community projects related to renewable energy generation or energy efficiency.

The platform will be opened to the public at the start of 2016 and it available for an initial period of 5 years. The dedicated fund will be managed by Eiffel Investment Group.

Certain projects, presented by Lendosphere and pre-selected by Eiffel Investment may receive up to EUR 2,000 (USD 2,129) in additional funding by Allianz France. The latter will also offer services related to loan structuring and insurance for the projects.

(EUR 1 = USD 1.064)

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