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30-MWp Solar PV Photovoltaic Farm in North Macedonia (RTB)

30-MWp Solar PV Photovoltaic Farm in North Macedonia (RTB)
Listing ID
L#20261051
Target Price
$25,000,000
Revenue
$16,000,000
EBITDA
$14,470,000

Description

The North Macedonia 30 MW Solar PV Project is a large-scale renewable energy development aimed at supporting the country’s energy independence and decarbonization roadmap. With all permits secured and grid access approved, the project is investment-ready and positioned for rapid deployment.

Key Project Highlights

  1. 01
    Installed Capacity30 MWp
  2. 02
    Expected Annual Generation50,000 MWh
  3. 03
    Yield Factor1,610 kWh per kW peak installed
  4. 04
    Grid ConnectionApproved 110 kV transmission line
  5. 05
    Land & PermitsAll required permits obtained (environmental, land-use, construction)
  6. 06
    Project StatusAdvanced development stage – ready for construction

Financial Overview

  • €100 million
  • €1.53 million
  • A €66/MWh tariff generates average annual revenue of approximately €16 million
  • €14.5 million
  • 19%
  • 5.5 years
  • €18.5 million
  • €30/MWh
  • Capital Structure: Senior debt financing has been successfully secured and ratified via banking institutions.

Market & Investment Potential

  • North Macedonia is investing heavily in renewables to meet European climate goals and strengthen domestic energy production.
  • The country’s supportive regulatory framework and ongoing energy market reforms enhance project bankability.
  • This project offers investors a secure, fully permitted, high-yield infrastructure asset.

Capital Structure: Senior debt financing has been successfully secured and ratified via banking institutions.

Note: The Seller is actively seeking a strategic equity partner for 20–30% participation in the project.

Disclaimer

All financial figures, projections, and performance metrics presented in this document are indicative and based on current assumptions. Actual results may vary due to factors including, but not limited to, inflation, foreign exchange fluctuations, regulatory changes, and market conditions such as currency depreciation or energy price volatility.

Financial Forecast

Financial / Technical Parameter Value / Detail
Target Price (Equity Stake) TBD (Seller seeking 20–30% strategic equity partner)
Total Project CAPEX €100,000,000 EUR
Estimated Annual Revenue ~€16,000,000 EUR (based on a €66/MWh tariff)
Estimated Annual OPEX ~€1,530,000 EUR
Estimated EBITDA ~€14,470,000 EUR (Revenue minus OPEX)
Implied EBITDA Margin ~90.4%
Average Annual Net Cash Flow €14,500,000 EUR
Projected Equity IRR 19%
Equity Payback Period 5.5 Years
Net Present Value (NPV @ 12%) €18,500,000 EUR
Levelized Cost of Energy (LCOE) €30 / MWh

Basic Details

Listing ID
L#20261051
Country
North Macedonia
Industry
Renewable energy
Deal Status
Available
Target Price
$25,000,000
Revenue
$16,000,000
EBITDA
$14,470,000
Revenue Multiple
1.56x
EBITDA Multiple
1.73x

M&A Middle Market Advisory Deal Tombstones 2024

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