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