This fully-operational and licensed/accredited solar energy park fin Romania has a capacity of 4.89MWp. It is offered for sale at EUR 7.2 million:
– Annual energy production: 6,356 MWh;
– Tariff Rate: EUR 36/ MWh;
– Six Green Certificates/1MWh (approx 240 euro/1MWh);
– Rental term for land: 26 years with purchase option at Eur 68,000 for nine hectares;
– Rental fee for land: EUR 2,700 p.a. with inflation adjustment;
– Insurance: EUR 5 per kWp p.a. (estimate);
– Repair: EUR 5 per kWp p.a. (estimate);
– Maintenance: EUR 14.7 per kWp p.a.;
– Security & administration: EUR 11 per kWp p.a.;
– The park has been operational for nine months as of the date of this report;
– An investment in this solar park is expected to yield an IRR of 16%.
Projected financial results:
Years Revenues Net Cash Flow
2014 EUR1mn EUR730K
2015 EUR1mn EUR730K
2016 EUR1mn EUR730K
2017 EUR1.7mn EUR1.3mn
2018 EUR1.7mn EUR1.3mn