PPA Solar Energy - Subway La Pintada
La Pintada, Colombia
Project Status
Structuring
Project type
Renewable Energy
Total project value
The total project value is an estimate and may vary.$46.462
Colombian pesos
Value to invest
Estimated income
$28
Per year
Approx. Profitability (Effective Annual)
17.71%
How the operation is going in 2026
Actuals where we have them and projections for the remaining months of 2026, taken from the financial performance charts further down.
What is PPA Solar Energy - Subway La Pintada?
Solar Subway La Pintada is the installation of a 33.8 kWp photovoltaic system at the Subway La Pintada store (Antioquia), under a PPA (Power Purchase Agreement, “pay for what is generated”). SOLVED Energy, in a structure with Circular Urban, installs and operates the system, and the client pays only for the solar energy it uses, at a 20% discount on the grid tariff.
The client makes no investment at all. The contract runs for 12 years, after which the equipment becomes the client's property. Subway saves COP 10.6 million in the first year (15.9% of its bill) and COP 1,019.2 million over 20 years: 12 under the PPA and 8 with the equipment already its own.
For investors, the 12-year contract projects an IRR of 17.71% EA, an ROI of 144.7%, an NPV of COP 39.8 million and payback of the COP 146.7 million initial investment in 4.84 years. The investment is made through Circular Energy S.A.S., the project company, built to add new PPA contracts over time.
Risk
Let's be clear: this also has risks. Every participation involves risks, including the possibility of partial or total loss. Results depend on the actual performance of the operation, no return or liquidity is guaranteed, and that's why every participant reads and signs a risk disclosure before subscribing. We'd rather you know everything from the start.
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What keeps it low
Contractual guarantees
A withdrawal penalty clause in the company's favour; additional client guarantees currently being structured and reviewed.
Client KYC
Identity and source-of-funds verification, the same as for any shareholder.
Business stability
Analysis of income statements and more than 10 years of continuous operation in the area.
Get to know the project in depth
We'll answer your questions, or show you around PPA Solar Energy - Subway La Pintada in person.
How to invest
How do you invest in Solar Subway La Pintada?
Your investment joins Circular Energy S.A.S. from the start: a company built to add energy contracts over time, structured and managed by Circular Urban. And it starts with its energy already sold: Avanti & Progreso S.A.S., owner of Subway La Pintada, signs a 12-year power purchase agreement before construction begins.
We set it up
Circular Urban builds the vehicle and the contracts.
Step 1: Circular Energy S.A.S. is incorporated
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A new simplified joint-stock company, created to hold several PPA projects under one vehicle — with assets ring-fenced from other business lines. Circular Energy S.A.S. issues the shares and holds the assets; Circular Urban S.A.S. acts as structurer and administrator, under a Special Administration Mandate.
Step 2: Circular Energy S.A.S. signs the EPC with SOLVED Energy
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A contract for the design, supply and installation of the 33.8 kWp photovoltaic system.
Step 3: Circular Energy S.A.S. signs the PPA with Avanti & Progreso S.A.S.
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Avanti & Progreso S.A.S., owner of the Subway La Pintada franchise, contracts the purchase of energy for 12 years, at a 20% discount on their current rate — the system is installed and running at the store.
Your part
You subscribe for your shares — that's it.
Step 4: Participants subscribe for shares in Circular Energy S.A.S.
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Funds go straight into the company, always in Colombian pesos. In return you receive shares in proportion to your participation.
Step 5: Your participation is formalised and registered
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Identity and source-of-funds verification (KYC/SARLAFT), subscription agreement, risk disclosure and entry in the Shareholders' Register.
The system works
Built in 15 weeks, then it starts producing.
Step 6: The system is built and starts operating
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From signed contract to grid-operator legalisation: 15 weeks.
Step 7: The system runs and produces results
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The energy sold to Subway under the PPA produces the asset's operating results, distributed among shareholders according to their participation.
Operation
How the operation flows
The solar system generates energy on the roof of Subway La Pintada. The energy the store uses, it pays for each month to Circular Energy S.A.S. at the PPA rate; what it doesn't use goes out to EPM's grid, which credits it as surplus compensation. Both incomes reach the company and, once operating costs are covered, its results are shared among the shareholders.
Structure
What the company owns (and what it does not)
Owned by Circular Energy S.A.S.
- The photovoltaic system (panels, inverters, mounting structure)
- The PPA contract and its collection rights over the contracted term
- The cash flows the system generates while the contract runs
- Any further PPA contracts added to the company over time
Not owned by Circular Energy S.A.S.
- The property or roof each system sits on — it belongs to the client
- The system itself once the contract term ends — it transfers to the corresponding client
Returns
Returns on a 12-year contract
Subway La Pintada pays for solar energy at a 20% discount on the grid operator's rate: COP 866.2 per kWh in the first year. That saves it COP 10.6 million in the first year (15.9% of its bill) and COP 1,019.2 million over 20 years: 12 under the PPA and 8 with the equipment already its own.
Contract term
12 years
- Project IRR (annual effective)
- 17.71%
- ROI on the investment (contract total)
- 144.7%
- Payback period
- 4.84 years
- NPV @ WACC 11% (COP)
- $39,840,244
Reference figures in Colombian pesos (COP), not binding: they depend on the actual performance of the PPA contract and are not a guaranteed return. For information only; not financial, legal or tax advice, nor a public offering of securities. All participation involves risk.
Constructor
SOLVED Energy
Design, installation, grid-operator legalisation and annual maintenance of the system
Visit websiteLocation
Subway La Pintada — vía La Pintada–Arma (Ruta 25), La Pintada, Antioquia · La Pintada, Antioquia, Colombia
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What our investors and community say
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How much do you want to invest?
Annual Projection
Return projected annually: 17.71%.
Estimated income of $28 US dollars per year.
How profits are shared
Profits are shared among investors according to the project's distribution policy.
Investment payback
Recovery of your investment estimated within 4.8 years.
Financial Performance
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Do you have questions about PPA Solar Energy - Subway La Pintada?
We're here to help you resolve them. Tell us what you'd like to understand and let's talk.
- You talk directly with the Circular Urban team.
- We support you so you can make an informed decision.
- We reply within the window we confirm with you
This conversation is informational about the project's structure. It does not constitute financial, legal or tax advice, nor a public offering of securities. All participation carries risk.