Solar45
A Smarter Slice of Solar
Solar45 provides qualifying investors with access to early-stage solar projects in Portugal. The Solar45 solar investment draws on Univere's experience introducing renewable energy opportunities structured by trusted third parties. The strategy progresses projects toward Ready-to-Build (RTB) status and structured exit points.
- Sectors
- Renewable Energy
- Energy Infrastructure
- Status
- Active
- Founded
- 2024
Two Ventures: One Vision for
Scalable Energy Growth
Portugal’s Acordo Scheme, combined with accelerating grid investment and over 3,000 hours of annual sunshine, has created one of Europe’s most defined development pipelines. Solar45 enters assets at the earliest viable stage, manages development risk through experienced origination, and exits at RTB — the point where value creation is greatest and buyer demand is highest.
Solar Energy
Investment
Univere introduces early-stage solar investments backed by Portugal-based photovoltaic projects progressing through planning, grid connection and construction. Capital links directly to real, tangible infrastructure. Low-productivity land is increasingly used for solar in Portugal, as landowners are considering solar due to unproductive farming conditions on land once used for traditional farm activity.
Battery Storage
Investment
Univere introduces early-stage battery storage investments, supporting grid stability and renewable generation. Capital links directly to underlying infrastructure. Battery energy storage systems (BESS) help enhance strategic flexibility in energy management as renewable generation expands.
The Solar45 Investment
Solar45 is introduced through structured products created by trusted third parties, in the form of bonds and secured loan notes. Part of Univere’s core business is connecting qualifying investors with institutional-grade opportunities.
return
Structured Solar Investing in Portugal
Solar45 bridges the funding gap between land acquisition and Ready-to-Build (RTB) status.
Solar45 bridges the funding gap between site acquisition and RTB status. The strategy focuses on creating value as a solar project advances through its development lifecycle.
Self-certification gives qualifying investors direct access to offering materials without the time otherwise required to source and structure comparable opportunities independently.
Portugal has strong solar resources and an expanding renewable-energy sector. Renewable sources supplied 75.6% of mainland Portugal’s electricity generation in 2025, according to APREN.
The International Energy Agency (IEA) also identifies continued solar growth and grid investment as important to Portugal’s energy transition. Grid constraints remain relevant to development timelines.
Investment in early-stage solar development helps address barriers to renewable energy adoption, supporting Portugal’s continued transition.
Utility-scale solar projects:
Asset-Backed
Security
Have low-maintenance costs and significant lifecycle emission reductions relative to conventional generation
Typically generate temporary and permanent jobs across construction and operational phases
Contribute to energy independence and renewable energy goals at both a national and regional level
Generate emissions-free electricity and lower community-wide carbon footprints as they come online
Development pathway
| Stage | Focus |
| Early stage | Site, project & development assessment |
| Development | Planning, permitting & grid milestones |
| Ready-to-Build | Project reaches a defined development status |
| Exit | Subject to project terms |
The strategy focuses on:
- Solar projects progressing toward RTB status
- Battery storage developed alongside selected solar assets
- Development, grid and project-level considerations
- Potential institutional exit following defined milestones
FAQs About Solar45
01
How does Solar45 provide access to structured solar investments?
Solar45 provides qualifying investors with access to a defined pipeline of early-stage solar and storage projects. These products are structured by trusted third parties. At Univere, we introduce them to qualifying investors exclusively ahead of wider distribution.
02
Why is Portugal relevant to solar investments?
Portugal combines strong solar resources with continued renewable-energy expansion and grid development. Its solar sector has expanded significantly, while the wider electricity system requires further grid capacity and flexibility. The Santa Marta project combines solar generation and grid-scale storage.
03
What happens during the early development stage?
An early-stage solar project progresses through several milestones before construction can begin. These can include site assessment, planning, grid connection and commercial arrangements. The precise pathway depends on the project and its jurisdiction. This development process is central to an early-stage solar investment because project status can change as milestones are completed.
04
How does battery storage complement solar?
Battery storage can add flexibility to solar projects by storing electricity and responding to market conditions. Portugal’s energy transition increasingly requires greater grid flexibility as renewable generation expands. The IEA highlights storage and flexibility as important areas for continued development.
Explore Baloiço for a strategy focused specifically on integrated grid infrastructure.
Insights from Solar45
Analysis and updates on solar investment, Portugal’s energy market, and the Solar45 development pipeline.
- NFEF, Solar45
Green Hydrogen Just Left the Pilot Phase in Iberia
- Baloico, Santa Marta, Solar45
