What am I about to invest in?

The company EXPOFIN S.R.L. is offering an investment opportunity to support the construction and installation of an innovative photovoltaic system. The fundraising target is set at a maximum of €30,000. This funding will be entirely dedicated to the construction of a 29.04 kWp photovoltaic system at the headquarters of Paradigma S.r.l. in Padua. The project aims to promote energy efficiency and the use of renewable sources, encouraging self-consumption to reduce costs and improve the company's environmental sustainability.

The system to be built will consist of 66 SONNENKRAFT photovoltaic modules, each with a capacity of 440 Wp, to achieve the total peak power. Two DEYE SUN-12K-SG04LP3-EU three-phase hybrid inverters, each with a capacity of 12 kW, will also be installed, allowing the energy produced and self-consumed to be monitored and measured using a dedicated monitoring and measurement system.

The EPC contract

The Energy Performance Contract with Guaranteed Results (EPC) is a fundamental agreement that elevates the project above a simple works contract. Its unique feature lies in the fact that the proposing company, EXPOFIN S.R.L., does not simply install the 29.04 kWp photovoltaic system, but contractually guarantees a minimum level of performance and expected energy savings. This constraint is the very reason for the contract, placing the result at the center of the agreement.

In practice, EXPOFIN assumes the technical and financial risk of the operation: its remuneration is closely linked to the actual capacity of the system to produce the expected energy. Through specific monitoring and verification (M&V) systems, the results are measured and, if the performance is not achieved, EXPOFIN would be required to intervene at its own expense. This guarantee mechanism makes the investment safer, as the customer, PARADIGMA S.R.L., expects the investment costs to be repaid or offset by the savings achieved on its energy bills.

The contract was formally signed by the two companies based in Padua: the Customer is PARADIGMA S.R.L. and the Supplier (or ESCO) is EXPOFIN S.R.L..

THE SCALING SUPERHERO PROJECT

Scaling Super Heero is not only an opportunity for cooperation and involvement for investors, but also a streamlined model designed to facilitate access to the energy transition for businesses through a single integrated solution covering all the necessary phases, including consulting, energy audits, technical design, fundraising, marketing campaigns, on-site efficiency and redevelopment interventions, and monitoring!

An innovative, high-impact project for investors, businesses, and the community.

QUALITATIVE EXAMINATION

ENERSCORE+ & EASYSCORE EXPERT INTEGRATED

Ener2Crowd provides an initial quality parameter called "EnerScore+" which is assigned to each individual investment proposal. This parameter defines a SCORE that summarizes in an objective, comprehensive, and understandable way all the data that characterizes the project from a technical point of view, based on an ESG assessment expressed in CLASSES and a verification of the SDGs (Sustainable Development Goals) parameters activated.

A specific Financial Rating called "Easyscore Expert Integrato" is expressed, which results from the credit analysis carried out by EasyFintech, in which the reliability and solidity of the creditworthiness of the project owner company is verified. nbsp;EasyFintech S.r.l. is a company that acts as a reseller of commercial information with a license under Article 134 of the TULPS (Consolidated Law on Public Security) issued by the Prefecture of Milan, ref. no. 14795/12B15E of January 31, 2020. In the case of the project proposed by Expofin S.r.l., the resulting EnerScore+ is 9.17, for which an ENERSCORE+ BBB is assigned, while the Integrated Easyscore Expert is 4-Solvency.

• Clarity of project objectives and comprehensibility of descriptions;
• Strategic value of the project;
• Project business plan;
• Clarity of information;
• Technical-design verification;
• Assessment of the integrity of the project owner's team;
• History and experience of the project owner on the platform and, if applicable, track record of punctuality in installment payments;
• Consistency of the crowdfunding project with the platform's goals and mission, in particular environmental sustainability, innovation, positive impact on the local area, ethical nature of the service offered, and social impact;
• SDGs activated by the project;
• ESG report provided by Cerved Rating Agency.

Integrated Score released on 12/11/2025 – confidential and not reproducible

Financial scoring – Easyscore Expert Integrated

Elements taken into consideration for the calculation of the Integrated Easyscore Expert Report – (classes from 1 to 10 with scores from 0 to 100) prepared by EasyFintech S.r.l.:

• Corporate structure, beneficial owners, and reputation analysis;
• Analysis of representatives and affiliated companies;
• Last three financial statements filed;
• Financial scoring (Crif, CriBis, CeBi, Cerved, Dun & Bradstreet);
• InfoCamere database analysis
• Any bad news concerning company owners and directors
• Any prejudicial entries or transcriptions concerning the project owner, controlling shareholders, and company representatives
• Statistical methodologies based on artificial intelligence, machine learning, and data analysis;
• Commercial reliability scoring;
• Bank of Italy Central Risk Analysis.

NOTE: Please note that these values are only one factor that an investor may consider when deciding whether to participate in the financing.

DEFINITION OF INTEREST RATE

In response to this scenario, the European Central Bank has begun a gradual cut in interest rates, after a prolonged period of restrictive monetary policy. This reversal of the trend aims to support economic growth and facilitate access to credit for households and businesses by reducing financing costs . The goal is to stimulate domestic demand and promote financial stability in a still uncertain environment influenced by global geopolitical dynamics and the ongoing energy transition. The new monetary policy cycle opens up more favorable prospects for businesses to access credit and make new investments. However, for investors, this scenario translates into a context of lower potential returns, which makes it even more important to carefully select investment opportunities, focusing on projects with a concrete impact and added value.

Index	Description	Latest reading	Latest value	Average last 3 months	Trend	Average last year	Trend	Source
ECB IR	European Central Bank interest rate	11/06/2025	2.00%	2.38%		3.00%		ECB
ECB Euribor 3M	ECB 3-month Euribor	06/30/2025	1.98%	2.26%		2.95%		ECB
IT BTP 3Y	3-year Italian government bond (BTP)	May 31, 2025	2.30%	2.48%		2.77%		Bank of Italy
IT NIC	Inflation rate in Italy (NIC index)	May 31, 2025	1.40%	1.63%		1.12%		ISTAT

 

In this context, the interest rate offered by the project owner for this campaign—equal to 10.00% per annum—represents a significantly higher return than that offered by other benchmark instruments, such as the 3-month Euribor (currently at 2.00%), Italian 3-year BTPs 3 years (2.30%) or Spanish Bonos del Estado at 3 years (2.09%), all currently characterized by a downward trend compared to the average of the last three months and the last year.

This average spread of 7.91% compared to the benchmark indices reflects both the commitment of the promoter and the attractiveness of the opportunity offered to investors, without sacrificing the positive impact generated by the project. It is worth noting that these yield differentials compared to the benchmark indices, although currently high, tend to narrow in line with the general evolution of interest rates. Consequently, opportunities of this type could become less frequent in the future, in a context where market yields are gradually realigning downwards. Consequently, opportunities of this type could become less frequent in the future, in a context where market yields are gradually realigning downward. Understanding this scenario is essential for aligning return expectations with the new macroeconomic reality, in which projects with a positive impact will continue to stand out for their ability to generate value beyond financial returns.

EXPOFIN S.R.L.

Website: EXPOFIN S.R.L.

EXPOFIN S.R.L. positions itself as an Energy Service Company (ESCO) essential for driving the energy transition, acting as a strategic partner for a wide range of customers including public administration bodies, SMEs, hospitals, industries, and private individuals who aim to optimize their consumption. The company's mission is to provide a comprehensive and integrated service covering all the technical and financial aspects necessary to implement energy efficiency measures, from the assessment of regulations and available incentives to the organization and operational execution of green projects. In its role as an ESCO and sometimes as a general contractor, EXPOFIN independently manages all phases of the energy transition: from the issuance of permits to design, from the construction of plants, such as the photovoltaic plant in question, to the procurement of project financing. The company is actively committed to involving the community and private investors in green financial speculation, facilitating access to projects through energy innovation platforms that also provide real-time monitoring of the energy produced and consumed. With an Innovation Center in Padua and a production facility in Colognola ai Colli, EXPOFIN is committed to using cutting-edge technologies to support the goal of a zero-impact future.

THE ANALYST'S OPINION

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PROJECT START DATES

• For the first 14 days (until December 30, 2025, at 11:59 p.m.), only visitors to the "Paradigma" Digital Innovation Hub who have a dedicated code will be able to participate in the initiative.
• From December 31, 2026, to January 14, 2026, at 11:59 p.m., the Campaign will also be open to residents of the Province of Padua.
• From January 15, 2026, to January 31, 2026, all individuals and legal entities residing in Italy will be eligible to participate.

CONTRACTUAL STRUCTURE

Investors sign a financing agreement with Expofin S.r.l., lending money to the Company, which uses the funds to purchase the assets.

The type of contract is a Purpose Loan: Expofin S.r.l. undertakes to use the funds received from Investors exactly as provided for in the Project illustrated in the public offering and not to divert them for other purposes.

The campaign aims to involve and engage stakeholders in financing the project, namely local communities and, in particular, customers of the Hub and the Province of Padua, enabling them to become directly involved in the energy transition and actively contribute to the sustainable development of the area, triggering a virtuous cycle of collaboration.

The interest rates offered vary according to the following brackets:

• Interest rate of 10% for customers of the Paradigma Innovation Hub in Padua (PD)
• Interest rate of 9% for residents of the Province of Padua
• Interest rate of 8% for all other investors residing in Italy

During the investment phase, you will be asked to upload a signed form certifying your residence.

COST STRUCTURE

The total cost for carrying out the work is estimated at approximately €30,000. This amount includes the supply of photovoltaic panels and an inverter, including cables, electrical panels, mounting structure, and municipal paperwork. The campaign will cover 100% of the financial requirements.

LOAN AMORTIZATION SCHEDULE

This is an example of an amortization schedule for financing. For simplicity, the amortization schedule shows an investment of €30,000, with an annual interest rate of 10%.

In this type of amortization, only interest is repaid until the last installment, when the principal is also repaid.

*Gross of any tax withholdings.

CONFLICT OF INTEREST

Relevant Parties, except for the Conflict of Interest Policy Manager and the Crowdfunding Service Provider, who may not under any circumstances participate in Crowdfunding Offers published on the Platform, are authorized to invest in this Crowdfunding Offer, on the same terms as all other Investors and without preferential treatment or privileged access to information.

For more information, please refer to the policy at the following link

SDGs ACTIVATED BY THE PROJECT

Become a protagonist of the future and sustainable development by financing this initiative!

PHOTOVOLTAICS

Photovoltaics is a clean and revolutionary technology that directly captures the energy of sunlight and transforms it into electricity. Everything revolves around the photovoltaic effect, a phenomenon that occurs inside silicon cells. When light, composed of photons, strikes these semiconductor materials, it frees electrons, creating a direct current (DC) flow.

In order for this energy to be usable in our homes and fed into the grid, a crucial component comes into play: the inverter. This device converts the direct current generated by the panels into alternating current (AC). The system is completed, if necessary, by storage systems, i.e., batteries that allow excess energy produced during the day to be stored for use in the evening hours.

By exploiting an inexhaustible source and producing no emissions during operation, photovoltaics has established itself as one of the pillars of energy sustainability. It offers low operating costs and the great flexibility of being able to be installed anywhere, from domestic roofs to large solar parks. In short, it is the most direct and efficient way to bring the sun's energy into our lives.

WHAT ARE THE ENVIRONMENTAL BENEFITS GENERATED BY THE PROJECT?

It is estimated that the renovation work will result in annual energy savings of 39,176 kWh, equivalent to:

                  

Save 16,846 kg of CO2 in the atmosphere every year

                  

Planting 700 trees, enough to cover an area the size of four soccer fields

                  

Avoiding the exhaust emissions of 12 cars every year

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