Ren Solar — service network revenue share
Ren Solar Distribution PLC · Clean energy · Addis Ababa
Revenue-share instrument funding a rural maintenance network. Investors receive 4% of service revenue until a 1.6x cap is returned.
Key terms
- Instrument
- Revenue-share right
- Revenue share
- 4%
- Return cap
- 160% of subscription
- Term
- Until cap reached
About the company
Ren Solar distributes pay-as-you-go solar home systems to off-grid households across Oromia and SNNPR, with 18,000 units deployed to date.
- Legal form
- PLC
- Registration
- MT/AA/14/0044556
- TIN
- 0087654321
- Incorporated
- 2021
Disclosure package
Financial statementsv1 · db11a905f1… · published 10 Aug 2026
Audited financial statements for Ren Solar service network covering the two most recent fiscal years, prepared under IFRS for SMEs and signed by an ECMA-recognised audit firm.
Offering memorandumv1 · 01b26902af… · published 10 Aug 2026
Full offering memorandum for Ren Solar service network. Contains the complete legal terms of the offer, the issuer's corporate history, capital structure, material contracts, litigation history and audited financial statements.
Key risk summary (plain language)v1 · 73904ddb5d… · published 10 Aug 2026
Payments depend entirely on service revenue actually earned. If revenue is lower than forecast, repayment takes longer or may never reach the cap. There is no fixed maturity date and no guaranteed return of capital. This instrument is illiquid.
Security termsv1 · e8d1e97a5b… · published 10 Aug 2026
Revenue-share right entitling holders to 4% of net service revenue, distributed quarterly, terminating when 160% of the subscribed amount has been returned.
Use of fundsv1 · 66bb46b925… · published 10 Aug 2026
Establish 22 rural service points, tooling, and a trained field-technician workforce.
Each document is immutable once published. Corrections are issued as a new version, never an overwrite, so the exact text an investor relied on remains permanently retrievable (§5.7.1).
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- · All-or-nothing: automatic full refund if the minimum is not met
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