Enable clean solar power for the fruit- and vegetable producer Agrícola Vista Hermosa and reduce 390 tons of CO₂ per year.
The acquisition of this investment entails considerable risks and may result in the complete loss of the assets invested.
UN Sustainable Development Goals
The investment at a glance
Project intent
The end costumer of the project, Sociedad Agrícola Vista Hermosa Limitada, is a Chilean agribusiness which has been producing, processing, and exporting fruits and vegetables since 1983. It has established itself as a reliable partner for international trade through modern infrastructure and high-quality products. While doing so, it combines tradition with innovation.
Since 2022 Agrícola Vista Hermosa has been increasingly relying on renewable energy: A solar plant with a capacity of 414 kWp supplies a large part of the company’s energy demands and therefore immensely reduces it’s CO2 emissions.
The project owner ecoligo SpA plans to use the loan to buy and operate this solar plant, which is located on open land of Agrícola Vista Hermosa. This provides the client with a more cost-effective and climate-friendly energy supply.
Social & Economic Impact
Agrícola Vista Hermosa offers year-round employment to its staff members. This is made possible through modernization measures that ensure cross-seasonal production capacity. Four high-tech calibrators ensure the processing of numerous fruits: cherries, peaches, avocados, and more. Cold storage rooms with a volume of over 14,000 m³ guarantee freshness, quality, and ensure stable processes. Job security is indirectly further strengthened by modernized calibration and packaging lines, which increase product quality and create stable processes. The self-generated PPV electricity also reduces electricity procurement costs of the local energy provider, enabling energy costs savings for the company.
Climate protection
The solar plant of Agrícola Vista Hermosa has a capacity of 414 kWp and annually saves 390,7 tons of CO₂.
Early-Bird-Bonus
Investors, that invest until 21.12.2025, additionally receive an Early-Bird Bonus of 0,5% p.a. The overall interest rate therefore increases to 7.5% p.a.
Established, sustainable company
The project owner, ecoligo SpA is a wholly owned subsidiary of ecoligo GmbH, which is based in Berlin. ecoligo SpA has been implementing sustainable solar projects since 2016 and focuses on growth markets that have a particularly high potential for sustainable transformations of the energy sector. Through local employees and a strong partner network, suitable clients are selected, and projects are implemented on site.
ecoligo SpA sells the solar power to the end customer, Agrícola Vista Hermosa, a long-established agricultural company from Chile, which has been growing, processing, and exporting high-quality fruit and vegetables varieties since 1983. The company has developed from simple post-harvest treatment for pears into a state-of-the-art packaging and export infrastructure for twelve different crops.
Agrícola Vista Hermosa also has a high ecological commitment through its sustainability certifications in accordance with Chilean Law 20.089 and the US-USDA NOP standard. The company combines economic success, social responsibility, and ecological innovation – and demonstrates how modern agriculture can be re-connected with the environment and society.
Risk reduction measures
For the crowdfunding campaigns, the special purpose vehicle ecoligo Projects Eight UG (haftungsbeschränkt), based in Germany, was established to act as the lender for this project. It forwards the raised capital to ecoligo SpA, the project owner and borrower in Chile.
The ecoligo Projects Eight UG (haftungsbeschränkt) belongs to the ecoligo–group. The project owner and shareholder are affiliated companies. There is no beneficial owner within the meaning of the Money Laundering Act.
Power Purchase Agreement:
A signed Power Purchase Agreement (PPA) with a term of 8 years has already been concluded with the end customer Agrícola Vista Hermosa Ltda. If the customer is unable to meet its payment obligations, ecoligo SpA has the option of shutting down or selling the solar power system.
Reduction of Currency Risks:
Currency risks are reduced, as Agricola Vista Hermosa Ltda. pays ecoligo SpA the price for the electricity in US dollars (USD). However, potential exchange rate risks between the USD and EUR still remain.
Project description
Chile: Renewable Energy Pioneer in Latin America
Chile is one of South America’s leading countries in renewables and climate protection. Because of its location in the southern hemisphere, the country experiences year-round high levels of sunshine. Particularly, the Atacama Desert in the North of the country is one of the world’s driest and sunniest regions and offers ideal conditions for generating solar power. In recent years, targeted government measures and investment incentives have facilitated Chile to invest heavily in the expansion of sustainable energy sources. By 2024, almost 70 % of electricity generation came from renewable sources. Nevertheless, the country remains dependent on fossil fuel imports – making projects that reduce greenhouse gas emissions and increase the supply of clean, local energy even more important.
The Project of ecoligo SpA
This is where the solar project of ecoligo SpA comes in: the project owner plans to use the loan to purchase and operate a 414 kWp solar plant consisting of 720 modules and six inverters. As the solar plant is located on open land of the end costumer Agrícola Vista Hermosa, the customer can access a more cost-effective and climate-friendly energy supply.
The electricity price for Agrícola Vista Hermosa is based on the tariff of the local energy supplier CGE Distribución (CGE) and is permanently 3% below the regular electricity price. As CGE adjusts and publishes its tariffs annually, the price for solar power is also adjusted accordingly.
The project’s end customer, Agrícola Vista Hermosa is a Chilean agribusiness that has been producing, processing, and exporting fruit and vegetables since 1983. Through its modern infrastructure and high quality, the company has established itself as a reliable partner in international trade. Agrícola Vista Hermosa combines tradition with innovation and sustainability.
The project of ecoligo SpA with the end customer Agrícola Vista Hermosa actively contributes to four UN Sustainable Goals:
SDG 7 (Affordable and Clean Energy): Through the installation and operation of a solar plant (414 kWp) Agrícola Vista Hermosa produces renewable energy and reduces the need for electricity from fossil fuels. Clean energy is provided and simultaneously decreases operational costs.
SDG 8 (Decent Work and Economic Growth): The year-round production continuously creates and ensures jobs. Staff members profit from stable working conditions in a field that is usually seasonal.
SDG 9 (Industry, Innovation and Infrastructure): The company continuously invests in modern production- and packaging technologies, as well as sustainable energy infrastructure. These innovations increase efficiency, ensure long-term competitiveness, and act as examples for technological progress in agriculture.
SDG 13 (Climate Action): The solar plant will allow Agrícola Vista Hermosa to save around 9,766 tons of CO2 over the system’s lifetime, directly contributing to a reduction of greenhouse gases. Simultaneously, the sustainable energy supply will reduce dependence on fossil fuels – an important step in the global fight against climate change.
Agrícola Vista Hermosa has been increasingly reliant on renewable energy since 2022: The solar plant consisting of 720 modules with a capacity of 414 kWp covers most of the company’s energy demands and therefore immensely decreases its CO2 emissions. During the lifetime of the system, 9.766 tons of CO2 will be saved, amounting to 390,7 tons of CO2 per year on average. This measure doesn’t just strengthen energy independence and decreases operational costs but also acts as a significant contributor to climate protection.
The sustainability certificate according to the Chilean Law 20.089, as well as the USA USDA NOP-standard further support the ecological aspirations of Agrícola Vista Hermosa. Thereby the company connects economic success, social responsibility, and ecological innovation – and represents how modern agriculture can be designed in harmony with climate and society.
The risks associated with a subordinary loan are laid our in detail in the Vermögensanlagen-Informationsblatt (VIB). With regards to the assessment and limitations of the risks for the investors, the issuer draws attentetion to the following special features of the project’s design:
1. Use of a Special Purpose Vehicle as the Lender
For the crowdfunding campaigns on bettervest, a special purpose vehicle named ecoligo Projects Eight UG (haftungsbeschränkt, based in Germany, was established to act as the lender for this project. It forwards the raised capital as a senior loan to the project owner and borrower in Chile, ecoligo SpA. The ecoligo Projects Eight UG (haftungsbeschränkt) belongs to the ecoligo–group. The project owner and shareholder are affiliated companies. There is no beneficial owner within the meaning of the Money Laundering Act.
2. Power Purchase Agreement
The end customer Agrícola Vista Hermosa Ltda has already signed a power purchase agreement (PPA) with a term of 8 years. ecoligo SpA will generate income from the power purchase agreement from the moment the plant is purchased.
If the customer is unable to meet his payment obligations, ecoligo SpA has the option of shutting down or selling the solar plant.
3. Reduction of Currency Risks
Currency risks are greatly reduced, as Agricola Vista Hermosa Ltda. pays ecoligo SpA the price for the electricity in US dollars (USD). The US dollar (USD) has historically shown greater stability against the euro (EUR) compared to the Colombian peso (COP). However, potential exchange rate risks between the USD and EUR still remain.
Investment Requirement
The total investment volume of the projects amounts to 536.000 EUR, which is to be financed through the planned crowdfunding subordinate loan. The project owner will implement the solar project financed by the forwarding credit, consisting of the purchase and operation of a 414 kWp solar plant for the customer Agricola Vista Hermosa Ltda.
The beginning of the subordinary loan term begins individually for each investor upon conclusion of the contract. It bears an annual interest rate of 7% p.a. for the crowd investors.
The funding threshold for this project is 1.000 EUR. If the funding goal of 536.000 EUR is not reached, the project owner will cover the difference from current liquidity or equity capital and carry out the project
Interest
From the day on which the investor pays the subordinate loan amount into the escrow account until the contractually agreed repayment date, the subordinate loan amount contractually accrues at an annual rate of up to 7,00 %. The first interest repayment will be made on 31.07.2026 and the last repayment takes place together with the repayment of the remaining subordinate loan amount on 31.07.2030. If the repayment window is used, the repayment will occur no later than 31.01.2031.
The interest rate is calculated pro rata using the act/365 method (Englisch method).
Early Bird Bonus
In addition, the issuer grants a bonus interest of up to 0,5% p.a. on duration of the subordinate loan, if the investor decides to invest until 21.12.2025. The annual interest rate therefore increases to up to 7,50%.
Repayment
From 31.07.2027, interest and principal payments will be made in equal annual installments (annuities) of 14,21 EUR per 100 EUR subordinate loan (14,65 EUR in case of the Early-Bird-Bonus). These payments consist of an interest portion and a principal portion: while the interest portion decreases over time, the principal portion increases accordingly.
32% of the subordinate loan will therefore be paid on an ongoing basis by 31.07.2030. The remaining balance of approximately 68% will be repaid in full at the end of the term on 31.07.2030, together with the final interest repayment, at the latest until 31.01.2031.
The repayments are taken from the income ecoligo SpA generates from the power purchase agreement with the end customer.
Jaime Gomez
The Borrower and Country Profile
ecoligo Projects Eight UG (limited)
Zimmerstr. 90
10117 Berlin, Deutschland
ecoligo SpA
Avenida El Bosque Norte 226
oficina 601
Las Condes, Santiago, Chile
ecoligo Projects Eight UG (haftungsbeschränkt): Borrower, Supplier and Issuer
The special purpose vehicle ecoligo Projects Eight UG (haftungsbeschränkt) is based in Germany and acts as the issuer and borrower of this project. The role of this SPV is to forward the funds collected from the crowd investors as a senior loan to the local project owner, ecoligo SpA. The ecoligo Projects Eight UG (haftungsbeschränkt) belongs to the ecoligo – group. The project owner and shareholders are affiliated companies. There is no beneficial owner within the meaning of the Money Laundering Act.
ecoligo SpA: Project Owner
The project owner, ecoligo SpA is a company established under the laws of the country and indirectly majority-owned by ecoligo GmbH. The company has been implementing sustainable solar energy projects since 2016. ecoligo focuses on emerging markets with particularly high potential for sustainable transformation of the energy sector. Local employees and a strong network of partners identify suitable customers on site and implement projects.
Before each project is implemented, ecoligo SpA also conducts a comprehensive economic and technical due diligence review. Only customers who meet internal requirements for profitability and sustainability are included in the portfolio.
Agricola Vista Hermosa Ltda: End Customer
Agrícola Vista Hermosa is a traditional agricultural company from Chile and has been growing, processing, and exporting high-quality fruits and vegetables since 1983. From a simple post-harvest treatment facility for pears, the company has developed into a state-of-the-art packaging and export infrastructure. It now encompasses twelve different crops, including cherries, avocados, pears, plums, corn, and carrots. In addition to several cold stores with over 14,975 m³ of storage capacity, Vista Hermosa operates state-of-the-art grading and sorting facilities and an export line for cherries that can process over one million kilograms annually. Through these continuous investments in technology and quality, the company combines traditional agriculture with modern innovation and has established itself as a reliable partner in international trade. Thanks to this modern technology, Vista Hermosa can produce year-round and offer services to third parties. This secures jobs and offers long-term stability to employees.
When making investment decisions, it is advisable to find out about the project location in advance, especially the country in which the project is to be implemented. To get an overview, the following indicators offer a helpful starting point for your own research. The information was taken from the relevant data sources in October 2025 and is published without guarantee.
| INDICATOR | REVIEW CHILE |
| Euler Hermes Ranking | Euler Hermes has rated the risk of non-repayment by Chilean companies as a “low risk” and assigned a rating of BB on a scale from AA to D (Source: Euler Hermes Country Risk Map). |
| OECD Classification | The OECD classifies Chile’s overall country tisk at 6 on a scale from 0 (low risk) to 7 (high risk) (Source: OECD Ranking 2025). |
| Corruption index (Transparency International) | The Corruption Perceptions Index, published by Transparency International and measured on a scale from 0 (high level of corruption) to 100 (no perceived corruption), stands at 63 for Chile (Source: Transparency International 2025). |
| Commercial Bank Prime Lending Rate | The Commercial Bank Prime Lending Rate indicates the average annualized interest rate that local commercial banks charge their most creditworthy customers for new loans in the local currency. In Chile, the prime lending rate in 2018 was 4.2% (Source: World Bank Data). |
| Credit score (Moody’s) | Moody’s has rated the creditworthiness of Chilean government bonds as A2 on a scale from AAA to D, and has assigned a stable outlook (Source: Trading Economics). |
| Foreign exchange market (Bundesbank) | Over the past five years, the exchange rate for the euro in Chile has slightly increased. Five years ago, the rate was 902,7 Chilean-pesos, and one year ago it stood at 1020.62 Chilean-pesos. (Source: Bundesbank 2024). |
Key figures
| Borrower | ecoligo Projects 8 UG |
| Investment type | Subordinated loan |
| Loan volume | EUR 536,000 |
| Term | 5 Years |
| Return | up to 7.00% p.a. (up to 7.50 % p.a. for investments until 21.12.2025) |
| Repayment and interest payment | annuity (balloon loan) |
