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Full buy-out or investment options available.
A South African company with its goal to become a successful Independent Power Producer (IPP) of renewable and clean energy is well-positioned and plans to develop more than 5000MWp Solar PV projects, small hydro generation as a combination between pump storage and run of river hydro, 400MW Wind and 150MW biomass by 2025.
Investors or equity partners sought:
Type of Project: 84MW x 4
Energy Generation Project – Solar PV Technology, Grid Tie, generating electricity during all sunshine hours per day.
At an estimated USD 0.9 per Watt Peak (all DC / AC & Aux costs included) the requirement is USD 75,600,000million. At an estimated exchange rate of USD: ZAR of 15 the requirement in ZAR is R1,134,000,000 excluding all taxes, VAT, and levies that might be applicable.
Proposed Project Start Date: 2021
Proposed Completion Date: Within 18 - 24 months from the start date.
Development Fee and First Phase Capital Requirement:
For the project to proceed, it is estimated that 12% of the capital value = R136,080,000 is required to complete the development and secure the land and final statutory approvals.
• Bankable Power Purchase Agreement with the proposed off-taker for a period of 25 years
• Solar PV plant/assets to be constructed
For more details about this opportunity, please enquire now!
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