to send introductions.
Deal Micro-Teaser

24MW PV/24MWh BESS hybrid in Tonga with PPA

24MW PV with BESS project located in Tonga. Secured 50 acres and US$55m Letter of Intent for equity. PPA due to be signed by November 2024. 25 year PPA at US$0.09/kWh for solar and $0.05 for Battery Storage. All required assets for project secured: Land, Technology, Financing, Grid Modeling, Grid Stability Identified EPC and all vendors, forecasted NTP is Q2 2025, workforce training in progress.
Technology
Solar PV - Utility-scale
Country

Tonga

Deal Stage

Early Stage

Company experience with Solar PV - Utility-scale
Currently developing PV/BESS projects elsewhere in Pacific
Deal Is Seeking

Equity, Debt

Capital Required (USD Equiv.)

$48M

  • Financial Model available
  • This deal is open to being acquired
  • This deal is open to speaking with advisors
  • Open to Investor choosing EPC
  • Proposed Funding Structure
    Equity
  • Equity already arranged10%
  • Equity yet to be raised50%
  • Debt already arranged0%
  • Debt yet to be raised40%
Use of Funds
All funds to be used for project final permitting and construction.
Generation Capacity

24MWp

Annual Electricity Production

43500 MWh/pa

PPA Offtake Status

Negotiation

PPA Type

Take-Or-Pay

MWh Sold Under PPA

39,150 MWh/pa

PPA Tariff (USD/kWh)
-
PPA Length

25 years

PPA Offtaker Party

Utility

Interested? Introduce yourself

  • Deal Is Seeking:Equity, Debt
  • Introduce yourself to the:Owner
  1. Submitted By Project Owner
  2. Early Access
  3. Accepting introductions
  4. Closed

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