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Quares Sustainability Initiative 2A

Loan
€625,900
total amount raised in round
105%
Financed 105%
  • Backed by over 50 investors
Energy is at the top of the agenda for an increasing number of Belgian companies, both as a cost to manage and as a lever for sustainability.

Energy prices have risen dramatically in recent years. Companies are actively seeking ways to reduce their energy bills on a structural basis. Solar panels, charging stations, batteries, and LED lighting are no longer a luxury; they are a strategic necessity.

(Source: Eurostat, online data codes: nrg_pc_205)


 

A BOOMING MARKET


Belgium still lags behind the European average for renewable energy. While Europe averages 25.2%, Belgium stands at just 14.3%. The catch-up process is underway and offers years of growth potential for energy-saving technologies.

(Source: Eurostat, Renewable energy statistics, 2024)

 

DEMAND IS GROWING STRUCTURALLY FOR THIS TECHNOLOGY


Solar panels are the fastest-growing energy source in Belgium. In Flanders alone, installed capacity grew from 2,330 MW in 2016 to 7,594 MW by the end of 2025.

(Source: VEKA via Solar Magazine, 2025)



The fleet of electric and alternative-fuel vehicles is growing exponentially. From virtually zero in 2016 to more than 7% of the total vehicle fleet in 2025, and the growth is accelerating. The pressure is even greater for commercial vehicles: new fossil-fuel vehicles will no longer be tax-deductible starting in 2026. Companies that do not yet have charging infrastructure are falling behind.

(Source: European Alternative Fuels Observatory, Vehicles and Fleet Belgium, 2025)

 

 

Battery storage is a technology on the verge of a major breakthrough. New storage capacity in Europe grew from 3.5 gigawatt-hours in 2021 to 27.1 gigawatt-hours in 2025—nearly eight times as much in four years. For businesses, smart energy storage is becoming increasingly attractive, especially when combined with solar panels and the new capacity tariff.

(Source: SolarPower Europe via Solar & Storage Magazine, 2025)

 

REGULATION AS AN ADDITIONAL DRIVER


European legislation is accelerating the transition. The CSRD requires companies to report their energy consumption and CO₂ emissions. The European Green Deal sets the bar even higher for 2030. The direction has been irrevocably set—the only question is how quickly companies will follow.


GROWING INTEREST FROM INVESTORS


The market for green crowdfunding is also growing rapidly. In Belgium alone, more than €10 million was raised last year through similar green bonds. Investors are increasingly looking for products that combine returns with a tangible, measurable impact.

Raise summary

Duration 5 years
Interest rate 5.5%
Reimbursement frequency Monthly
Reimbursement type Bullet
Crowd investments €157,500
Committed by others €468,400
Amount raised €625,900
Minimum round €747,400
Maximum round €1,497,400