- Contact us.
- Sign a contract with us
- Supply the project’s documentation
- We examine, evaluate, correct
- We identify the program
- YES or NO decision
- YES – we invest in SPE
The Public Sector
1. Is the offer addressed to public entities only?
Yes. Public-Private Partnership (PPP) is only concerned with the cooperation model between private and public entities. For private entities we have other financial tools, which are described in the section “Private Sector.”
2. Are PPP projects directed only at local government units or can community partnerships and limited liability companies also participate?
The PPP formula is also aimed at entities belonging to local government units and local government units implementing their own projects, such as community companies and limited liability companies, e.g. sewage treatment plants, road infrastructure construction and maintenance, sewage system construction and maintenance, lighting system construction and maintenance, etc.
3. What is the maximum time of financing projects?
The maximum time is 25-30 years.
4. Is the PPP method subject to the Law of Public Orders?
Yes, all PPP projects must apply Law of Public Orders, and ASA participates only in this method.
5. Are there any limitations to the kinds of projects and tasks planned for implementation by local government units?
There are no restrictions concerning the type of project which is to be implemented by a local government unit – this may be for example the construction, expansion or modernisation of the infrastructure, the construction of a building or real estate, buying movables such as buses, garbage trucks or any other vehicles, equipment, machines or devices.
6. What should be done in order to cooperate with the ASA private investor?
Please contact us using the Contact section, Public Sector.
7. How long does the procedure take?
The selection of ASA private partner in accordance with the law of public orders and negotiations of the PPP contract last 3 to 6 months. The investment period itself depends on the type, the state of available documentation, the accessibility of required technology, the technology and weather conditions.
8. What are the benefits of using this method?
All initial and most difficult elements of the investment are the responsibility of the private investor (“Design, Build, Fund”). The method neither generates nor increases the public debt of a local government unit. The PPP procedure takes the shortest time. It is also a method of ensuring the lowest actual price of investment and its long-term maintenance.
9. What steps are to be taken in order to implement our investment?
Choose a good team of internal or external advisors who will perform the PPP bidding, announce an adequate bid in accordance with the law of public orders, sign a PPP contract, control the investment implementation process, accept the investment result and enjoy using it.
10. Can the PPP model be used along with the EU funding?
In the contract for the investment implementation by means of PPP method it is possible to agree that if the local government unit should acquire EU funding or other earmarked subsidies, the lease instalment be decreased or the repayment period be shortened.
The Private Sector
1. What do I need to gain funds for my project ?
You need a well prepared business plan, operational means for the initial stage of the project and adequate qualifications.
2. How much of own resources do I need?
Own resources are not necessary; however, operational means are necessary for the process of gaining capital expenditure (capex).
3. What kind of projects are most likely to be implemented and gain financial support?
Projects which have a well prepared set of adequate documents, which have an appropriate rate of return, which are secure and in which the applying customer is involved.
4. How long does the verifying process last?
Usually up to 45 days, and the direct investment up to 60 days.
5. What do I have to be equipped with?
If you have a potentially profitable project, you need a professional business plan or at least an executive summary. Possessing your own real estate and adequate permits are welcome.
6. Who can I contact to complete the formalities?
You can contact Aurinko SA representatives at Operation Flaspoint (OFP).
7. What is the necessary documentation?
You need a business plan or an executive summary, documents supporting the information from your business plan, all in electronic form.
8. Where in Poland is your company based?
The company is based in – see: Contact. A customer service office is going to be open in Warsaw in the first half of 2015.Please follow updates on our website.
9. When can I expect information about the rejection of my investment application?
When you fail to do your due diligence or when your project is not profitable.
10. Who do I sign the contract with?
The contract for financial intermediation with Smart Grid LCC (in the future Aurinko SA); the investment contract with an appropriate Fund.
11. What happens when the application is rejected?
The entire documentation (in its electronic and paper forms) of the project is deleted and destroyed.
12. Do you have any preferences regarding sectors or lines of business?
We participate in all market sectors; however, public projects, energy projects and all lines of business are welcome, as long as they guarantee certain and high return on investment.
13. Do I need a building permit?
It is best if you have it but it is not necessary.
14. Do I have to own the real estate?
It is best if you do but it is not necessary.
15. Who can I ask about more details?
A selected OFP and directly Aurinko SA, see: Contact.
16. I do not have the funds to lead the project operationally…
Aurinko SA will soon be able to directly invest in such projects in order to make it easier to find an investor. The information when the program will be initiated will appear in Venture Capital section.
17. Do you invest in start-ups?
Please follow the Products section. The implementation of the ‘start-up’ program is planned for 2015.
18. Do I have to go to your headquarters in order to sign the contract or is it signed in Poland?
It depends on the arrangements with the intermediary – i.e. on which level he is to represent you.