Both companies, Nordic Solar Energy and Global, both have the option to buy back shares. In addition, we have investors on the waiting list who can take over the shares, for which we charge a modest administration fee of 1%.

Usually between 2-5 months, sometimes even faster. Theoretically, it can take up to 12 months, but that is based on a very conservative assessment.  

8.5% in Nordic Solar Energy A/S since 2015 14,9% i Nordic Solar Global A/S siden 2019

The minimum investment in Nordic Solar is EUR 100,000.

The value of the individual solar park is calculated by discounting the future cash flows in the budget to present value. The internal rate of return used for this may vary from country to country, and reflects a realistic assessment of the market return in that country at that time.

The price is calculated according to the same principle as the valuation of the individual solar park, so that the price at all times best reflects the fair value of the total portfolio of solar parks.

See price graph here    

Developments in electricity prices, inadequate due diligence or unrealistic budgets are among the most significant risk. Historically, many solar parks have been subsidized in the form of high settlement prices for electricity production. Any retroactive changes to these subsidies have been the biggest single risk. However, the market is moving very fast towards subsidy-free solar parks, where electricity now, in most countries, is sold on market terms, either from day to day or on longer more predictable contracts. In the future, the development in electricity prices will therefore pose an increasing risk.    

An investment in a solar park is largely based on assumptions and budget prerequisites, and deviations from these can affect future returns. The quality of these budgetary assumptions is thus significant for risk and return. The risk can be minimized through quality in both budgeting and calculation methods, combined with thorough technical, legal and financial pre-analyzes (due diligence).

To the extent that the company in question has the liquidity to do so, a shareholder may, without notice* sell their shares back to the company, at the current monthly price less an administration fee of 1%.

Formally, both companies have a general meeting resolution that authorizes the board of directors to buy back shares. In short, the authorization is the option to buy back 10% of the equity to the extent that the company can find the necessary liquidity for it.

It has been agreed with the Board of Directors that Nordic Solar Energy has earmarked EUR 670,000 of a credit in the bank for a possible repurchase, a similar credit is expected to be established in Nordic Solar Global

*For tax purposes, shareholders who wish to sell their shares back to the company must obtain prior approval from SKAT.

See Nordic Solar Energy tax note from PwC and Nordic Solar Global tax note from PwC

Our customers praise us for a straightforward and transparent business model with a fair, market cost structure, where all significant decisions are made in accordance with investors’ wishes and the guidelines set by the Board of Directors. If you compare Nordic Solar with similar companies in the industry, it is especially on the cost side and the realistic estimates and assumptions that form the basis for each individual investment decision that investors highlight as decisive for their choice of partner.