OVERVIEW

The fund is established in Cyprus on 15/06/2020
with registration# HE410169 and ISIN# CYF000001505 and ILIOS ONE is the investment compartment of the Bright Ilios Fund.

ILIOS ONE is focused on the Renewable Energy sector of Cyprus and its main target is to provide through its subsidiary medium-term, rent-to-own schemes for Solar PV Equipment to residential and business Customers to generate electricity for their own use.

Customers would rent to own the Solar PV System from EFS Cyprus Ltd, the wholly owned subsidiary of the Fund, which will be in charge of setting up and maintaining the Solar PV Systems for the duration of the term.

EFSC ltd will leverage the expertise and local know-how of the founders, to install and maintain the solutions for both the residential and business clients.

EFSC ltd has a team of experienced individuals, with a proven track record in the industry. Results-driven engineers, client-focused sales professional with over twenty years of sales leadership in renewable engineering, procurement, and construction (EPC).

The Fund has engaged the following esteemed companies for running its operations:

WHY A SOLAR PV FUND
IN CYPRUS?

The shift toward clean, reliable, affordable electricity in the world is most visible in the rapid proliferation of solar panels mounted on the roofs of homes and businesses. Individuals and businesses have been attracted not just to the environmental benefits of solar power, but also to the ability to generate their own power and to the fixed and competitive price of electricity that these systems provide.

Rooftop solar is increasingly cost-effective for homeowners, business owners, and their communities. Improved technology, innovative financing, and growing networks of solar installers and financial partners all helped grow the demand for PV Rooftop systems. On the other hand, because rooftop solar can be installed in cities and towns, as opposed to remote locations, it offers job possibilities for local engineers and technicians.

Cyprus is no different where the demand for Solar PV Systems is growing significantly, in an effort by Consumers to reduce their electricity bill.

INVESTOR PROPOSITION

BRIGHT ILIOS RAIF V.C.I.C. PLC offers well informed and professional investors
an opportunity to invest in the Renewable Energy sector in Cyprus through
a private equity fund alongside experienced professionals in the sector.

The Fund will seek to generate a target return of 31.85% on paid-up capital
over the suggested investment horizon of 5 years,
by investing in selective solar projects for residential and business Customers.

INVESTMENT OBJECTIVE

To invest in the Renewable Energy sector in Cyprus alongside an experienced group of professionals in the sector and to generate a target return of 31.85% on paid-up capital, over the suggested investment horizon of 5 years.

INVESTMENT POLICY

The Fund will seek to achieve its Investment Objective by investing in selective solar projects for residential and business Customers. Customers would rent-to-own the Solar PV System from EFS Cyprus Ltd, the wholly owned subsidiary of the Fund, EFSC ltd, which is the company in charge of setting up and maintaining the Solar PV Systems for the duration of the term.

PROPOSITION STRENGTHS

  • Strong market demand/need for Solar PV System with an underfinanced market
  • A Rent-to-Own proposition which provides a yearly saving to Customers
  • Strong pipeline based on an established network and identified Customer base (by the Sponsor)
  • Asset backed proposition, whereby EFS Cyprus Ltd will own the asset ( until settlement of all the contract dues)
  • Screening of the Customer will be done via Cyprus Credit Bureaus
  • Rental agreement will be subject to a pre-defined list criteria

WHAT DOES THE FUND OFFER?

The proposed Fund offering provides, through its wholly owned subsidiary, EFSC Ltd, indirect funding for the installation and maintenance of the Solar PV System and addresses the market gap whilst contributing to the social, business and environmental welfare of the country:

INSTALLATION

The funding allows Customers to install the Solar PV System without making a significant upfront investment, instead, they would sign up to a monthly payment plan over a 5 year period. The monthly payment would be equivalent to a lesser amount than their existing electricity bill, thus having a positive impact on their cash flow, while producing independent, sustainable and clean power.

 

EXCESS ENERGY RETURN

Excess power generated can be returned through the net metering law, which allows individuals or private companies that generate on-site renewable energy through privately owned plants to export renewable energy power to the grid when demand (i.e. consumption) is low.

CONTACT FORM

    BRIGHT ILIOS RAIF V.C.I.C PLC

    EFS CYPRUS

    VISIT WEBSITE

    EFS CYPRUS  provide state-of-the-art funding solutions for residential and industrial Solar PV Systems.

    Through a pre-defined 60 months payment scheme, families and businesses can acquire the Solar PV System that covers their Energy needs.

    These schemes are offered exclusively through the EFS CYPRUS’ carefully selected and approved network of Solar Professionals.

    • 100% ‘All to Gain’ solutions
    • Extremely reasonable Fixed Monthly Instalments
    • No impact on family or business Budget
    • Ownership of Solar PV System at the end of the rental period
    • Insurance, monitoring and maintenance included

     

    BRIGHT ILIOS RAIF V C I C PLC and its investment compartment, ILIOS 1 fund, are addressed only to professional and/or well-informed investors within the meaning of the alternative investment funds law of 2018 as amended.

    This presentation and its contents are intended for information purposes only and to provide an overview of the fund and its activities. Therefore, under no circumstances should the information contained herein be regarded as a solicitation, offering or invitation to participate in the fund or to engage in any investment or transaction. Readers should neither regard this presentation and its content as a personal investment advice, nor as a recommendation and should not base their investment decisions on the information provided herewith.

    BRIGHT ILIOS RAIF V.C.I.C. PLC does not assume any liability as to the accuracy of the information and data provided in this presentation and does not guarantee the reliability and completeness of any such information. The use of any information or materials contained in this website is entirely at the reader's own risk and the BRIGHT ILIOS RAIF V.C.I.C. PLC as well as its investment compartment, ILIOS 1 fund and its subsidiary expressly excludes any liability. Target returns are based on past performances of the fund. However, past performances cannot be considered as an indicator for future performances and bear no guarantee for actual returns.

    This disclaimer and any claims arising out of or in connection with this disclaimer are governed by the cyprus law the entire contents of this presentation are subject to copyright with all rights reserved. In addition to that, the counterparties as mentioned above, i.e. Deltamark Fund Management Ltd, Ernst&Young and Deloitte, do not bear any responsibility on the content of this website and their names, logos and corporate identity elements remain subject to international copyright protection.

    BRIGHT ILIOS RAIF V C I C PLC is a registered Alternative Investment Fund in the RAIFs register of the Cyprus Securities and Exchange Commission. The registration of the RAIF in the RAIF register, which is held by CySEC, does not correspond to an authorization or to a license from the CySEC.

    BRIGHT ILIOS RAIF V C I C PLC and its investment compartment, ILIOS 1 fund is not open to the general public, for more information regarding the fund you can contact the fund’s external manager at brightilios@dmark.eu tel 357 25 010140.

    Custom WordPress Development by Web TheoriaTM

    X

    Privacy Policy

    We take seriously the privacy of your personal data. That is why, preserving the priceless value of these data and preserving your ability to control them is of the utmost importance to us. In this context, we want to be transparent about which data we collect, how we collect them and how we process them and ensure that you are provided with sufficient information in order to make the right choices in all our services and provisions.

    We work to gain your trust on a daily basis, around five key areas of collection and usage of personal data:

    Control: We provide you with the absolute control of processing your personal data in a direct way and with clear choices.

    Transparency: Our procedures for the collection and processing of data are completely transparent in order for you to make informed choices.

    Legal protection: We comply with all applicable laws and regulations and we treat the legal protection of your personal data as a fundamental human right.

    Safety: We protect the data that you trust us with, in the best possible way.

    Personalized experience: Personal data collection helps us serve you in a personalize way, by providing you with information, products, provisions and services tailored to your needs and wishes in order to make your experience as good as possible.

    In this effort, your contribution is particularly valuable: If you notice something that does not work as expected with regard to the protection of your personal data, please contact us by using the contact information at the end of this policy.

    Purpose of the Personal Data Privacy Policy

    This Policy explains what kind of personal data we collect from you through our interaction with you, and how we save and process this data.

    Personal data we collect

    We collect your personal data in order to provide you with personalized services and communication and to provide you with the best possible interaction with us. Some of these data are provided directly from you, such as, for example, when you roam on our website, when you subscribe to our contact list, when you enter in a contract with us or when you contact us for information.

    We also collect some data by recording how you interact with our products and services, by using cookies (more on that may be found below).
    We also collect data from third parties, which we protect under this Policy, as well as possible additional restrictions imposed by the provider of these data. These providers may differ over time, but may include the following:

    Social networks provided you have granted access to your data located on these networks.

    Service providers who help us specify your location based on the IP address.

    Widely available data sources, such as free state databases or other free-to-use data.

    When we ask you to provide us with your personal data, you have the following two options:

    1. To accept
    2. To refuse

    Under this feature, if you choose not to provide the information necessary for the provision of a service, you will not be able to use it.

    The data we collect depends on the general context of your interaction with us, the options you make, including the settings for the protection of your personal data, as well as the services and features that you use. The data we collect may include the following:

    Name and contact details:

    • Name
    • Last name
    • Date of birth
    • Mobile phone number
    • Email and other similar contact information

    Tax Information:

    • Company name
    • Registered office
    • VAT number
    • Credit/Debit Card Details

    Identification Details:

    • Passwords and/or similar information used for the safety of your account
    • Passport/National ID/Driver’s Licence
    • Demographic data:
    • Date of birth
    • Country/city/region

    Preferences/Interests:

    • Language
    • Favourite products
    • Purchasing habits, as well as your interests and favourites that can be deduced or derived from other data we collect

    Device and usage data:

    In case you browse in our website, we collect data related with your device and the way you interact with us and our products. For example, we collect data regarding the features you use, information of the products you buy, and your browsing on our website. This data includes your commands and interactions through text and other systems we have. This data also includes the settings you choose and the software configuration you use most.

    Contacts and Relationships:

    Information you provide us regarding your relationships with other registered users of our services.

    Location data:

    To improve our services with location features, we collect location data of varying degrees of precision. The accurate location data can be data from the Global Navigation Satellite System (GNSS) (e.g. GPS), as well as data from nearby cellphone antennas and Wi-Fi hotspots that we collect when you activate products or features based on location. Inaccurate location data includes the locations resulting from your IP address, data indicating less precisely where you are, such as city or postal code, etc.

    Video:

    If you visit the offices, or other facilities of the companies associated with Bright Ilios  or attend any of their events, your image may be recorded by our security cameras.

    We also collect the information you provide us and the content of the messages you send to us, such as your comments and reviews about our products or services, or questions and information you provide to our customer service department. Telephone conversations or chat sessions with our representatives may be recorded.

    How we use your personal data

    Bright Ilios and its associated companies use your data to conduct their business activities, fulfil their contractual obligations and to provide products and services which require the use of personal data, in order to improve and personalize your experience and your interaction with them. Additionally, we may use your data to communicate with you, inform about your account, product information, and more. We do not use the content of emails, conversations, video calls, or your documents, photos or other personal files for targeted advertising.

    Communications:

    We use your data to communicate with you and to personalize and/or personify this communication. For example, we may contact you by phone or email or by other means of communication to let you know about available security updates, invite you to participate in a survey or event, or to inform you that you need to take certain action in order to keep your account updated. In addition, you can subscribe to our contact list, in order to receive our newsletters and choose whether you want to and how to receive messages and promotional material.

    Why we share your personal data:

    We share your personal data with your consent or as required to complete any transaction or contractual obligation or to provide any product or service you have requested. For example, we share your data with banks and other institutions which process payment transactions or provide other financial services, when you provide us with, for the payment of a transaction and/or a contractual obligation and/or a service and/or a product, for fraud prevention and to mitigate any credit risk.

    In addition, we share your personal information with the Website Owner – associated companies. We also share personal data with our suppliers or external associates, who work on our behalf for the purposes described in this policy, such as companies we have employed for the provision of customer support services or for system protection and to ensure the quality of our services.

    In these cases, the companies comply with our company’s Personal Data Privacy Policy and the security requirements we have set, and they do not use the personal data they receive from us for any other purpose. In the context of a corporate transaction, as for example, a merger, we may disclose your personal data.

    Finally, we may gain access, transfer, disclose and save your personal data when we believe in good faith that this is necessary for:

    1. Compliance with applicable law or to respond to any valid legal procedure,

    2. Your and our other customer protection, such as for the avoidance of junk mail, attempt to defraud our website users, or to prevent life loss or the possibility of serious injury, and

    3. The protection of the rights or the property of the Website Owner’s members, including the enforcement of the terms governing the use of services. However, if there are reasonable grounds for believing that a registered user is using our services to distribute stolen intellectual or material property of the Website Owner’s members, we will not inspect the private content of that user on our own but we will refer the matter to the appropriate authorities.

    Websites and services of third parties:

    Periodically, we may use third party services in order to efficiently run some of the processes required to operate the site. The providers of such services have access to certain personal data which are provided by the users of this website.

    Any data used by third parties are used only to the extent necessary to perform the services we request. Any use for other purposes is strictly forbidden. In addition, any data processed by third parties will be processed in accordance with the terms of this Personal Data Privacy Policy.

    Links to other websites:

    Periodically, the Website Owner’s website may provide links to other websites. We have no control over such websites and we do not bear any responsibility for their content and data collection practices. This privacy policy does not extend to the use of such websites by you. We recommend that you read the privacy policy of the other websites before using them.

    Alterations of the ownership and control of the company:

    From time to time, the Website Owner and its associated companies may expand or reduce their activities and this may result to the sale and/or transfer of their control in whole or in part. The data provided to the Website Owner will be transferred, together with the part relating to any part of the transferred companies, and in accordance with the terms of this Personal Data Privacy Policy, the new owner or the new controlling party will be permitted to use the data for the purposes for which we were originally given.

    We may disclose data to a prospective purchaser of the company or any department thereof.

    In the above cases, we will take measures to ensure the protection of your privacy.

    Your Rights

    You may find below a list of your legal rights insofar as your personal data are concerned. Please note that some of these rights may not be applicable to your situation.

    • You have the right to gain access to the personal data that we hold about you.
    • You have the right of rectification, that is, to request the correction, without undue delay, of any personal data that we hold about you and are either inaccurate or incomplete.
    • You have the right to obtain the erasure of your personal data, without undue delay, provided, amongst others, the personal data in question are no longer necessary in relation to the purposes for which they were collected.
    • You have the right to restrict our processing activities or to object to the processing of your personal data.
    • You have the right to data portability, that is, to request from us that we send your personal data in a structured, commonly used and machine-readable format, and to transmit those data to another controller.
    • If we rely on your consent as our legal basis for the processing of your personal data, you have the right to withdraw that consent at any time.

    If you wish to exercise any of your above-mentioned rights or have any questions or comments with regard to this Privacy Policy, you may contact us by using the contact information at the end of this policy.

    We will respond to requests to access or delete your personal data within 30 days.

    Your communication preferences:

    You can choose whether you want to receive promotional material from the Website Owner and its associated companies via SMS, Messaging services, Phone or other available means of communication. If you wish, you can be excluded from our contact list at any time by following the instructions contained in the messages you receive, or by getting on touch with us using the contact information at the end of this policy.

    Additionally, you may configure your options regarding the receiving of messages through your personal account. These options do not apply to the mandatory service announcements that constitute part of certain of the Website Owner’s services or for the performance of surveys or other informational announcements that have their own subscription cancellation method.

    Monitoring according to the browser application

    The Website Owner’s website, uses cookies (small text files that are placed to your devices) and similar technologies for web location, e-services and data collection purposes. This website can install and access certain cookies on your computer. Cookies identify your devices in a unique way, but they may also provide other information. The Website Owner has carefully selected these cookies, which do not have access to your computer’s documents and files and has taken steps to ensure that your personal data is as protected as possible.

    Use of cookies and similar technologies

    Cookies and similar technologies are used for various purposes, such as:

    • Saving of your preferences and settings: Your device may save settings that allow our programs to work properly or maintain your preferences over time. We save preferences, such as your contact language, address, etc., so you do not have to import them every time you return to the website. If you choose to be excluded from interest-based promotions, we will save your preference to be excluded in a cookie on your device.
    • Safety: We use cookies to detect frauds and possible abuse of our website and our services.
    • Saving of the information you provide to a website: When you provide information on the website, we store the data in a cookie to improve your browsing.
    • Social media: Our website may include cookies through social media, including those that allow the users who connect to the service of the social media, to share the content through this service.
    • Comments: We use cookies that allow you to comment on a website.
    • Interest-based promotions: cookies are used to collect data about your website activity and identify your interests, in order to provide you with offers and privileges that interest you. You can be excluded from receiving interest-based promotions at any time.
    • Analysis: In order to evaluate our products and services, we use cookies and other identifiers to collect usage and performance data, such as, for example, to count the number of unique visitors to our website and to develop statistical data. This includes cookies from the Website Owner and other associated companies, as well as third-party analysis service providers.
    • Performance: we use cookies to balance the load, in order to ensure the correct and continuous operation of the websites.

    Cookies

    Upon visiting our website, a message will appear asking for your consent in order to keep the cookies used active. By giving your consent to the placement of cookies, you allow the Website Owner and its associated companies to provide you with better experiences and services. If you wish, you may reject the installation of cookies from that moment on. However, certain features of the website may not fully work or work as intended.

    This website may install the following generic cookie types:

    COOKIE TYPEPURPOSE
    Highly Essential CookiesThese are cookies required for the operation of our Website. They might
    include, for example, cookies that allow you to connect to secure pages on
    our website, use a shopping cart or use services that are exclusively for
    members.
    Analysis/Performance CookiesAllows us to identify and count the number of visitors and observe how they
    navigate on our Website when using it. This helps us improve the way our
    Website works, for example, by ensuring that users find easily what they are
    looking for.
    Functionality cookiesThese are used to recognize you when you return to our website. This allows
    us to personalize our content, to welcome you with your name and to
    remember your preferences (for example, your language or area selection).
    Targeting cookiesThese cookies record your visit to our website, the pages you have visited, and
    the links you have followed. We will use this information to customize our
    website and the ads that appear to it with your interests. For this purpose, we
    may also share this information with third parties.

    Furthermore, this website may install the following specific cookies (but not limited to):

    FIRST PARTY COOKIE NAMEPURPOSE
    cookie_notice_acceptedRecords that cookie notice has been accepted
    _gaUsed by the website to distinguish unique users
    _gidUsed by the website to distinguish unique users
    moove_gdpr_popupWhen this cookie is enabled, it is used to save your cookie setting preferences

    THIRD PARTY COOKIE NAMEPURPOSE
    Google
    1P_JAR/td>Google advertising cookie used for user tracking and ad targeting purposes
    CONSENTRegisters a unique ID to keep statistics of what videos from YouTube the user has seen
    YouTube (Google)
    GPSTracking Cookie (GPS data for mobile users)
    VISITOR_INFO1_LIVERemembers YouTube player settings and style
    YSCUnique session visitor ID
    DoubleClick (Google)
    IDEAdvertising data collection cookie
    Maps (Google)
    APISIDStores user preferences when accessing to a Google Map
    GMAIL_RTTCookie related to Google services (such as Google Maps or Gmail)
    GoogleAccountsLocale_sessionGoogle Maps session cookie
    HSIDStores user preferences when accessing to a Google Map
    NIDStores user preferences when accessing to a Google Map
    OGPCStores user preferences when accessing to a Google Map
    PREFStores user preferences when accessing to a Google Map
    SAPISIDStores user preferences when accessing to a Google Map
    SIDRecords the user’s preferences settings (eg zoom level set)
    SSIDStores user preferences when accessing to a Google Map
    reCAPTCHA (Google)
    NIDGoogle reCAPTCHA data collection cookie
    Analytics (Google)
    _atuvcUpdates the counter on the social sharing feature on a website
    _atuvsUpdates the counter on the social sharing feature on a website
    _utmaIdentifies the unique visitors
    _utmbIt determines whether or not to establish a new session for the user
    _utmcIt determines whether or not to establish a new session for the user
    _utmtDetermines the type of request
    _utmzDetermines the origin or referrer of the visitor
    _gaUsed by Google to distinguish unique users
    _gatUniversal used by Google Analytics to monitor and track visitor behavior on the site anonymously
    _gidUsed by Google to distinguish unique users
    CloudFlare Inc.
    __cf_bmTechnical bot management cookie
    AddToAny
    __cfduidTracks page sharing (utilised by CloudFlare Inc.)
    uvcHolds random string values that have to do with page and content sharing based on visitor interest on the website through third party social networking or other websites (utilised by CloudFlare Inc.)
    Facebook Pixel
    _fbpAdvertising & Analytics data collection cookie
    Twitter Pixel
    _twqInformation Tracking cookie

    Controlling cookies:

    Most browsing applications accept cookies automatically but at the same time provide control options that allow you to block or delete them. Through your device’s settings, you have the ability to receive a warning about the use of cookies on specific services, or even not to accept cookies.

    Some features of the services provided through the website, depend on cookies. If you choose to block the cookies, you may lose the ability to sign in or use some of these services as well as your preferences which rely on cookies.

    Monitoring Protection: By using Internet Browser Options that exclude the content of third-parties, including cookies from any website, you limit the information that the specific third-party websites can collect from you.

    You can enable or disable cookies on your web browser application. Most Internet browser applications accept cookies by default, but this can be adjusted. For more details, please consult the Help section of your web browser application.

    You can choose to delete cookies at any time. However, you may lose any information that allows you to have quicker and more effective access to the website, including, but not limited to, personalization settings.

    It is recommended that you make sure that your internet browser application is updated and consult its help section and instructions provided by your internet browser application developer if you are not sure how to customize your privacy settings.

    Where we save and process personal data

    Your collected personal data is saved and processed in Cyprus or in any other country or region in which the Website Owner and its associated companies, affiliated companies, subsidiaries or service providers are operating.

    We take measures to ensure that the data we collect under this Personal Data Privacy Policy is processed in accordance with the provisions of this Policy and the requirements of the European General Data Protection Regulation (GDPR).

    Preservation of personal data by us:

    Your personal data is preserved for two years, for the provision of products and services and the processing of transactions you have requested or for as long as required by law for other essential purposes such as the compliance with our legal or tax obligations, resolving disputes and enforcing our contracts. Within the context of these various operations, preservation time may vary considerably.

    Changes to this Personal Data Privacy Policy

    • This Personal Data Privacy Policy may vary from time to time, reflecting the needs of our customers and our promise of maximum protection and transparency regarding their personal data.
    • We will update this Personal Data Privacy Policy whenever necessary by modifying the “last updated” date indicated at the beginning of the Personal Data Privacy Policy.

    Unless otherwise stated, the companies associated with the Website Owner are responsible for saving and processing of the personal data collected through the services under this policy.

    Contact Information

    If you have any concerns, complains or questions regarding our practices around the protection of personal data, please get in touch with us via our contact information found in the footer below. We will respond to questions or concerns within 30 days.

    In addition to the above, you also have the right to lodge a complaint to the Office of the Commissioner for Personal Data Protection in Cyprus, at the following postal and email address:

    1 Iasonos str., 1082 Nicosia
    P.O.Box 23378, 1682 Nicosia
    Tel: +357 22818456
    Fax: +357 22304565
    Email: commissioner@dataprotection.gov.cy