to send introductions.
Deal Micro-Teaser

New VC-backed IPP in Spain seeking investment partner - Solar & BESS

New BESS & solar platform created via the merger of two developers, seeking an investment partner to inject equity or debt. Plan to become a leading IPP within 5 years. Secured 10M EUR loan from a local VC that will follow leading investor conditions (+3M debt/equity). Investor will be given right to invest at project level up to 49% of the project equity. Pipeline: - 100MW+ at 4 hours BESS in Spain (self-development), - 150MW+ Solar RTB (UnderNegotiation), - PPAs for 3MW of solar projects RTB. Looking for a min of 3M up to 25M (Debt/Equity/Mix)
Technology
Solar PV - Utility-scale
Country

Spain

Deal Stage

Early Stage

Company experience with Solar PV - Utility-scale
Partners with over 1,5 GW of Solar and Wind development/finance and construction experience. Previous platform was sold to Shell Group.
Deal Is Seeking

Equity, Debt

Capital Required (USD Equiv.)

$25M

  • 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 arranged0%
  • Equity yet to be raised0%
  • Debt already arranged70%
  • Debt yet to be raised30%
Use of Funds
The funds will be used to acquire RTB projects and structure a project finance around them as well as the running cost of the platform (very lean structure).
Generation Capacity
-
Annual Electricity Production
-

Interested? Introduce yourself

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

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