General Information:
Given the dynamic nature and time sensitivity of the situations in Portugal and Spain, we are solely focusing on offering both renewable energy projects for sale to an investor. This strategic decision enables us to provide assurance through contracts that the projects will be executed efficiently, requiring less time for investor due diligence.
Developer is fully responsible with insurance and EPC construction guarantee to finalize the construction and projects. The investor has the lowest risk and knows that with Due Diligence legal and technical the project has full allowance on studies, legal, technical and by government.
Project Details:
• Portugal: 1.083,00kwh/€, 240MW, total price €259,920,000.00
• Spain: 1.106,00€kwh/€, 150,93MW, total price €166,928,580.00
Turnkey Price – All-inclusive Package:
Our turnkey price, though initially may appear high, is competitively priced when compared to similar projects. It encompasses a comprehensive set of standard inclusions:
• PV panels and stands
• Construction services
• Legal services
• Security systems
• Grid line connection
• Grid substation
• Warehouse facilities for service and maintenance
• External contracting and consulting
• Maintenance and service contracts (up to 30 years, utilizing high-quality products/brands)
Additional Features:
• Portugal: Power storage of 20MW
• Spain: Tracker and storage of 20MW
• Trading allowance on market secured by governments (reason is the areas in both locations needs energy)
Investor Options:
Developer, with its experienced team, will oversee the construction of the projects. The investor has two options:
a) Full ownership: The investor pays an initial payment for project rights and pre- construction phases (€45 million for Spain, €40 million for Portugal), with Developer managing construction, procurement of contracts, and potentially assisting with Power Purchase Agreements (PPA) in the future. Optional: management fee to maintain the solar parks.
b) Partial ownership: Developer retains a minority share in the project, offering trading, maintenance, and operational services for a management fee and the sharehold.
PPA vs Trading:
An independent consultant agency, well-versed in energy market dynamics, suggests trading as the preferred option due to favourable market conditions and the presence of power storage facilities.
Trading ensures maximized returns, especially considering the current low PPA rates. However, if a PPA is preferred, it is advisable to fix it during periods of higher market prices, such as summer or autumn.
Projected Market Prices:
Spain and Portugal: Estimated to range between 8 and 14 cents over the next five years.
In summary, we believe that this overview provides a comprehensive understanding of the projects and the available options for potential investors.
