The Croatia 45 MW Solar PV Project is a mid-scale solar energy initiative, well positioned to deliver clean power to the national grid. With permitting and grid access secured, the project is in its final pre-construction stage and ready for capital deployment.
Key Project Highlights
- Installed Capacity: 45 MWp
- Expected Annual Generation: 75,000 MWh
- Yield Factor: 1,625 kWh per kW peak installed
- Grid Connection: Approved and secured 35 kV transmission line; all legal arrangements and payments completed
- Land & Permits: Fully permitted
- Project Status: Pre-construction phase – execution ready
Financial Overview
- Total Project CAPEX: €33.3 million
- OPEX (discounted): €5.3 million
- Average Annual Revenue: €5.1 million
- Average Operating Income (EBITDA): €4.4 million per annum
- Equity IRR: 15%
- Equity Payback Period: 4.5 years
- NPV (12% discount rate): €2.1 million
- Levelized Cost of Energy (LCOE): €31/MWh
- Capital Structure: Senior debt financing has been successfully secured and ratified via banking institutions.
Market & Investment Potential
- Croatia’s clean energy strategy includes ambitious solar expansion to reduce dependence on energy imports.
- The project aligns with national priorities and benefits from low development risk due to full permitting and secured grid access.
- It offers reliable long-term returns within an improving regulatory environment.
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 |
|
|
| Location |
Croatia |
| Target Price |
TBD (Seeking strategic equity partner / buyout) |
| Estimated Total CAPEX |
~€33,750,000 EUR (€0.75M/MW average) |
| Installed Capacity |
45 MWp |
| Expected Annual Generation |
73,125 MWh (Yield Factor: 1,625 kWh/kWp) |
| Estimated Annual Gross Revenue |
~€4,826,000 EUR (assuming a standard regional tariff of €66/MWh) |
| Estimated Annual OPEX |
~€480,000 EUR (O&M, land lease, insurance, admin) |
| Estimated EBITDA |
~€4,346,000 EUR |
| Implied EBITDA Margin |
~90.1% |
| Grid Connection |
Approved and secured 35 kV transmission line |
| Project Status |
Pre-construction / Ready-to-Build (RTB) |
| Projected Portfolio Equity IRR |
15% – 20% |
