Investing in MisterGreen
Receive 6% interest and accelerate the transition to electric driving in the Netherlands.
MisterGreen Lease II B.V. offers you the opportunity to invest in a subordinated bond loan with a term of 48 months linked to a portfolio of leased electric cars.
We are happy to provide insight into how your investment is used.
Mark Scheurs about MisterGreen
The bond loan is linked to the expansion and operation of the electric vehicle fleet of MisterGreen Lease II B.V. The interest and repayment payments to bondholders are covered by the monthly lease installments and the residual value of the vehicles, which in most cases is guaranteed by the supplier.
Since its inception in 2007, the MisterGreen Group has grown into one of the fastest growing leasing companies in the Netherlands. The company focuses exclusively on the lease of fully electric cars and, with its own, innovative concept, anticipates this fast-growing market.
In the meantime, MisterGreen's fleet consists of 654 electric cars that have been leased (leased) to business drivers on the basis of long-term contracts. The book value of the entire fleet of MisterGreen amounts to approx. € 40 million, the expected turnover in 2017 is approx. € 10.8 million. MisterGreen strives to expand its fleet significantly to 1,300 cars in 2018 and 5,000 cars in 2022.
Worldwide there is a transition going from fossil to sustainable energy, the electric driving movement is part of this. The advantages of electric driving are that it is relatively clean, quiet, fast and in many cases also financially advantageous!
Electric driving is also becoming more popular in the Netherlands. Since 2012, the market share of electric cars in the Netherlands has grown by 600%. And for the coming years, further growth is forecast at an average of 35% per year, resulting in 1 million electric cars in the Netherlands in 2025. It is expected that by 2050 the majority of cars in the Netherlands (and the world) will be electrically powered. .
"The development of the batteries for electric cars is now very fast, they will be considerably cheaper and you can take longer to drive." In 2035, only electric cars will be sold, as ING's economic research firm predicts the advance of the electric car.
Following the success previous issues with a total funded amount of €4.600.000,-, MisterGreen Lease II B.V. with this new offer to raise funding to finance part of the expansion of its electric vehicle fleet.
MisterGreen separates its marketing and other commercial activities from the management (operation) of the fleet; these activities each have a very different (risk) profile. The marketing and commercial activities are mainly financed by MisterGreen itself. The operation of the vehicle fleet has a relatively low risk profile. It is a well-defined activity that generates relatively stable cash flows on the basis of the current lease contracts. In addition, the residual value of the cars is guaranteed by the supplier in 95% of the cases. That is why this activity is suitable for external financing.
Each bond costs € 1,015 which consists of the nominal value (€ 1,000) plus transaction costs (€ 15). During the term you will receive an interest payment of 6% (€ 60) on an annual basis. The bond will be redeemed at the end of the term. In total you receive € 1,240 per bond on an investment of € 1,015. Taking into account the transaction costs, the average effective return is 5.6% on an annual basis