Platform Terms of Use
Governing your access and use of Goletrik
Definitions
- •Platform: The Goletrik digital platform operated by 0 Emission Technologies Limited (the "Operator" or "OpCo").
- •OpCo / Operator: 0 Emission Technologies Limited (RC 6929125), the platform operator and appointed servicer of the solar assets.
- •AssetCo: Goletrik Energy Assets Limited (RC 9897370), the special-purpose vehicle that owns, holds, and leases the solar energy assets.
- •Goletrik: Collectively, OpCo and AssetCo, and either of them as the context requires.
- •Visitor: A non-registered user browsing the Platform.
- •Customer: A business entity consuming energy under a Customer Power Service Agreement (CPSA) entered into with AssetCo.
- •Investor / Asset Owner: A holder of Bonds or Notes issued by AssetCo under an Investor Participation Agreement (IPA).
- •Affiliate: An approved referral partner earning performance-based rewards under an Affiliate Agreement entered into with OpCo.
- •Installer: A certified technician completing physical solar installations under an Installer Agreement entered into with OpCo.
- •Administrator: Authorized Goletrik personnel with platform management access.
- •KYC: Know Your Customer — the identity verification process.
- •CPSA: Customer Power Service Agreement — between the Customer and AssetCo.
- •IPA: Investor Participation Agreement — between the Investor and AssetCo.
Two-Entity Structure — Who You Contract With
Goletrik operates through two separate legal entities. It is important that you understand which entity you are contracting with, because each entity has a distinct role and distinct legal responsibilities.
0 Emission Technologies Limited (OpCo)
The platform operator. OpCo operates the Goletrik digital platform, manages customer onboarding and KYC, processes payments, coordinates installations and maintenance, and serves as the appointed servicer of the solar assets on behalf of AssetCo. You contract with OpCo if you are an Affiliate, an Installer, or a Visitor.
Goletrik Energy Assets Limited (AssetCo)
The asset-owning special-purpose vehicle (SPV). AssetCo owns, holds, and leases the solar energy assets, issues Bonds/Notes to Investors, and enters into CPSAs with Customers. OpCo acts as AssetCo's appointed servicer for day-to-day operations. You contract with AssetCo if you are a Customer (under a CPSA) or an Investor (under an IPA).
Separation of Entities
OpCo and AssetCo are separate legal persons. The assets, liabilities, revenues, and obligations of one are not the assets, liabilities, revenues, or obligations of the other. The solar energy assets are owned by AssetCo and are ring-fenced from the operational and business risks of OpCo. Neither entity guarantees the obligations of the other except as expressly stated in a written agreement.
Platform Overview
Goletrik is a digital platform operated by OpCo that facilitates:
- •Energy-as-a-Service delivery to Customers under CPSAs with AssetCo
- •Ownership and operation of distributed energy assets by AssetCo, funded by Investors
- •Monitoring, billing, and operational management of energy systems by OpCo as appointed servicer
- •Digital execution of related agreements
Neither OpCo nor AssetCo is a lender, fund manager, broker, dealer, or financial adviser. The Platform does not execute financial transactions outside disclosed workflows.
User Categories
The Platform supports the following user types:
- •Visitors – Non-registered users browsing the platform (contract with OpCo)
- •Customers – Businesses consuming energy under a CPSA (contract with AssetCo)
- •Investors / Asset Owners – Holders of Bonds/Notes issued by AssetCo (contract with AssetCo)
- •Affiliates – Approved referral partners earning performance-based rewards (contract with OpCo)
- •Installers – Certified technicians completing physical solar installations (contract with OpCo)
- •Administrators – Authorized Goletrik personnel
Account Registration & Access
To access restricted features, users must:
- •Create an account
- •Provide accurate information
- •Complete required KYC verification
- •Accept applicable agreements digitally
Goletrik reserves the right to restrict or suspend access for non-compliance.
Platform Functionality
The Platform enables users to:
- •View energy usage and performance data
- •Purchase and manage prepaid energy tokens (Customers)
- •Monitor asset performance and earnings (Investors)
- •Access agreements, reports, and historical data
The Platform does not execute financial transactions outside disclosed workflows.
Customer-Specific Terms
Customers acknowledge that:
- •The CPSA is entered into with AssetCo, which owns the solar system; OpCo acts as the appointed servicer
- •Energy is provided as a service, not as an owned asset, until a buyout is completed
- •Billing is on a pay-per-kWh prepaid token basis
- •Energy availability depends on system performance and usage
- •Shared installations involve multiple tenants on a single central system (Primary and Co-Tenants)
- •Customers are responsible for the physical security and safety of equipment installed at their premises — equipment damage or theft resulting from customer negligence is the customer's financial liability
- •Detailed rights and obligations are governed by the CPSA
Investor-Specific Terms
Investors acknowledge that:
- •The IPA is entered into with AssetCo, which issues Bonds/Notes secured by the solar assets
- •Investors hold debt instruments (Bonds/Notes), not equity or co-ownership of the assets
- •Returns are benchmarked to the FGN Green Bond rate plus risk and O&M premiums, not guaranteed
- •OpCo manages operations as the appointed servicer, not investor funds
- •Detailed rights and obligations are governed by the IPA
Fees & Deductions
Goletrik may apply, as set out in the relevant agreement and its Contract Schedule:
- •Platform management fees
- •Operations and maintenance reserve allocations
- •Insurance costs
- •Performance reserves
Payments & Third-Party Services
- •Payments are processed via licensed payment service providers
- •Customer payments are swept into a segregated collection account maintained by AssetCo before distribution to Investors
- •Goletrik does not hold customer or investor funds except as necessary for operational settlement
- •Bank details changes require verification and OTP confirmation
Data, Monitoring & IP
- •Energy and usage data is collected for operational purposes
- •Platform software, dashboards, and analytics remain the IP of OpCo
- •Work product created by Installers (PCF data, photos, audit reports) is the property of Goletrik
- •Users receive a limited, non-transferable right to access the Platform
Risk Disclosures
Users acknowledge risks including:
- •Energy demand variability
- •Equipment performance limitations
- •Regulatory or policy changes
- •Force majeure events
- •For Investors: the risk of partial or total loss of principal if AssetCo or the assets perform poorly — Bonds/Notes are not deposits and are not insured
Prohibited Use
Users may not:
- •Misuse platform data or access another user's account
- •Circumvent security features or authentication controls
- •Misrepresent identity or authority
- •Tamper with, damage, steal, or allow unauthorised access to Goletrik-owned solar equipment
- •Overload installed systems beyond rated capacity
- •Interfere with system operation, smart meters, or monitoring devices
User Indemnity
You agree to indemnify and hold harmless OpCo, AssetCo, and their respective officers, directors, employees, and agents from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable legal fees) arising out of or in connection with:
- •Your misuse of the Platform or any Goletrik-owned equipment
- •Your breach of these Terms or any user-specific agreement
- •Your violation of any applicable law or the rights of any third party
- •Any fraudulent, negligent, or wilful misconduct on your part
This indemnity obligation survives the termination of your account and any agreement you have entered into with Goletrik.
Suspension & Termination
Goletrik may suspend or terminate access if:
- •These Terms are breached
- •Legal or regulatory obligations require action
- •Continued access poses security or safety risks
Termination of Platform access does not nullify obligations under signed agreements.
Disclaimers
- •The Platform is provided "as is" and "as available"
- •Neither OpCo nor AssetCo warrants uninterrupted access or error-free operation
- •No advice or information obtained from the Platform constitutes legal, tax, financial, or investment advice
Limitation of Liability
Cap on Liability
To the maximum extent permitted by law, the total aggregate liability of OpCo and/or AssetCo (as applicable) to any user for any and all claims arising out of or in connection with the Platform or these Terms, whether in contract, tort (including negligence), or otherwise, shall not exceed the total amount of fees actually paid by that user to Goletrik in the twelve (12) months immediately preceding the event giving rise to the claim. For Visitors and users who have paid no fees, the aggregate liability shall not exceed ₦100,000 (one hundred thousand Naira).
Exclusion of Indirect Damages
In no event shall OpCo or AssetCo be liable for any indirect, incidental, special, consequential, or punitive damages, or for any loss of profits, loss of revenue, loss of business, loss of goodwill, loss of anticipated savings, or loss of data, whether arising in contract, tort (including negligence), or otherwise, even if advised of the possibility of such damages.
No Exclusion
Nothing in these Terms excludes or limits liability that cannot be excluded or limited under applicable Nigerian law, including liability for death or personal injury caused by negligence or for fraud or fraudulent misrepresentation.
Interpretation
These Terms shall be read and interpreted in conjunction with the Goletrik Help Articles published on the Platform, which provide guidance on the practical application of the terms herein. In the event of any inconsistency between these Terms and the Help Articles, the express terms of these Terms shall prevail.
Entire Agreement
These Terms, together with any user-specific agreement you have accepted (CPSA, IPA, Affiliate Agreement, or Installer Agreement) and the Privacy Policy, constitute the entire agreement between you and the relevant Goletrik entity with respect to the subject matter herein, and supersede all prior or contemporaneous understandings, communications, representations, and agreements, whether written or oral.
Severability
If any provision of these Terms is held by a court or tribunal of competent jurisdiction to be invalid, illegal, or unenforceable, that provision shall be severed and the remaining provisions shall remain in full force and effect as if the invalid provision had never been included.
No Waiver
No failure or delay by Goletrik in exercising any right or provision under these Terms shall operate as a waiver, nor shall any single or partial exercise of any right preclude any further exercise of that or any other right.
Amendment
Goletrik may amend these Terms from time to time. Material amendments will be notified to registered users via the Platform or by email. Continued use of the Platform after the effective date of a material amendment constitutes acceptance of the amended Terms. For user-specific agreements (CPSA, IPA, Affiliate Agreement, Installer Agreement), amendments are governed by the amendment clause of that specific agreement.
Assignment
You may not assign, transfer, or sublicense your rights or obligations under these Terms without the prior written consent of Goletrik. Goletrik may assign or transfer its rights and obligations under these Terms to an affiliate (including between OpCo and AssetCo) or to a successor in connection with a merger, acquisition, or sale of all or substantially all of its assets, without consent.
Notice
Goletrik may provide notices to you via the Platform, by email to your registered email address, or by SMS to your registered phone number. You may provide notice to Goletrik by email to goletrik@zetl.ng. Notices are deemed received on the date sent if by email or SMS, and on the date posted on the Platform if posted there.
Governing Law & Dispute Resolution
Governing Law
These Terms are governed by the laws of the Federal Republic of Nigeria.
Dispute Resolution — Arbitration
Any dispute, controversy, or claim arising out of or in connection with these Terms, including any question regarding their existence, validity, or termination, shall first be addressed by the parties in good faith through amicable negotiation for a period of thirty (30) days.
If the dispute remains unresolved after thirty (30) days, it shall be referred to and finally resolved by arbitration administered in Lagos, Nigeria, under the Arbitration and Conciliation Act, Cap A18, Laws of the Federation of Nigeria 2004 (as amended). The arbitration shall be conducted before a single arbitrator appointed in accordance with the said Act. The seat of arbitration is Lagos, the language of the arbitration is English, and the award shall be final and binding on the parties.
For questions or disputes, contact us at goletrik@zetl.ng
Version 2.0 — Last updated: September 29, 2026