This represents an outstanding investment opportunity to acquire a 100% equity stake in a hybrid project consisting of 7,7 MWp / 7,7 MWn of solar PV capacity together with 4 MW of BESS, located in the region of Badajoz, Spain.
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Under construction Status: Will reach COD in the coming months, while the BESS will reach RtB by Q2 2027.
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Significant Upside Potential: The design allows for the seamless integration of a future Battery Energy Storage System (BESS) without interrupting current production, offering a critical avenue for value enhancement.
General Information
- Technology: Solar PV, BESS
- Total Installed Capacity: 11,7 MWp
- Location: Spain (Badajoz)
- Other Details: With a strong specific yield of 2.113 h, Project Hayek is already in operation and has hybridization potential for a future BESS installation.
Solar PV Details & Design
• Installed Capacity: 7,7 MWn / 7,7 MWp
• Specific Production: 2.113 h
• Development Status: COD
• Commercial Operation Date (COD): Q1 2026
• Panel Configuration: 2V
• Module Power: 440 W
• Type of Structure: 1-axis-tracker
• Pitch Distance: 12 m
• Module Type: LR4-72 HIH
BESS Details & Design
• Installed Capacity: 4 MW
• Hours Cycles: 2,5 h
• Development Status: Early Greenfield
• Ready to Build (RtB) Date: Q2 2027
• Commercial Operation Date (COD): Q4 2027
• Injection Capacity: 4 MW
• Consumption Capacity: 4 MW
• Storage Capacity: 10 MWh
• Storage Technology: Lithium Iron Phosphate (LFP) Battery
Land Rights
• Land Surface: 19,1 ha
• Land Types: Rental
• Land Price: 1.150 €/ha
• Land Contracted Percentage: 100 %
• Land Contract Duration: 40 years
• Land Comments: The land lease agreements include renewal periods of 5 years each, with a maximum total extension period of 5 years.
• Expropriation Status: Obtained
• Expropriation Expected Date: Q4 2020
• Expropriation Comments: No further DUP info at this stage.
Financials
• Energy offset: Merchant
• Energy offset Details: The execution of a PPA will be responsibility of the buyer.
• Financial details: The project has no debt in place.
• Other Comments: Potential financing will be responsibility of the buyer
NOTE: The Buyer is required to execute a Fee Agreement stipulating a commission rate of 2.25% of the final transaction value, payable upon closing.