Pistachio Project Carviçais · Douro Superior
Young plantation on a Douro Superior hillside in late afternoon light

Investment project · Douro Superior

Pistachio Project

A 40-hectare farming platform designed to combine scale, optional public funding and private capital.

Working document Carviçais · Torre de Moncorvo · Portugal

Illustrative image of a young hillside plantation. It does not depict the project parcels.

Executive summary

A 40-hectare farming platform designed to combine scale, optional public funding and private capital.

Land assembled 40 ha

Area currently assembled for the project

Theoretical trees ~13,333

At the 6 × 5 m reference spacing

Base CAPEX 498.5 k€

Establishment investment for the 40 ha · 12.5 k€/ha

Total capital need 693.5 k€

CAPEX + 5 years of OPEX + development + reserve

Two structuring routes

The same economic project can be financed with or without public support. Both routes are modelled in detail.

Preferred scenario

Scenario A — with PEPAC

Public support significantly reduces the private capital required and improves investment economics.

PEPAC — non-repayable grant
249.3 k€
Investor / strategic partner equity
450.0 k€
Promoter capital
30.0 k€
IRR
8.23%
MOIC
3.12×

Financing structure →

Independent scenario

Scenario B — without PEPAC

A fully private scenario allows the project to proceed without depending on incentive timetables or approval.

Investor / strategic partner equity
650.0 k€
Promoter capital
30.0 k€
IRR
5.39%
MOIC
2.16×

Financing structure →

Strategic objective

Financial partner, technical operator and buyer/processor — roles that may be taken on by a single entity or split across several partners.

Why the project is attractive

The 40-hectare scale allows capital, professional operation, farming technology and commercial strategy to be combined in a single asset.

01

Capital

Ticket size suited to private investors, family offices and equity platforms.

02

Operation

Professional, mechanisable farming, open to specialist technical management.

03

Technology

Sensors, weather station and irrigation control to optimise water, energy and yield.

04

Commercial

Processing and offtake strategy defined before the orchard comes into production.

We are looking for partners to structure and execute the project

We propose a technical and financial meeting to review both scenarios and identify the most efficient partnership model. Next step: site visit, data room and non-binding term sheet.

Get in touch →