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

    Description

    L#20261052

    The North Macedonia 130 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

    • Installed Capacity: 130 MWp
    • Expected Annual Generation: 208,000 MWh
    • Yield Factor: 1,600 kWh per kW peak installed
    • Grid Connection: Approved 110 kV transmission line
    • Land & Permits: All required permits obtained (environmental, land-use, construction)
    • Project Status: Advanced development stage – ready for construction

    Financial Overview

    • Total Project CAPEX: €100 million
    • Annual OPEX: €1.53 million
    • Revenue Potential: A €66/MWh tariff generates average annual revenue of approximately €16 million
    • Average Annual Net Cash Flow: €14.5 million
    • Equity IRR: 19%
    • Equity Payback Period: 5.5 years
    • NPV (12% discount rate): €18.5 million
    • Levelized Cost of Energy (LCOE): €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

    Metric / Financial Parameter Value / Detail
    Transaction Structure Seller seeking 20%–30% strategic equity partner participation
    Installed Capacity 130 MWp
    Expected Annual Generation 208,000 MWh (Yield Factor: 1,600 kWh/kWp)
    Assumed Electricity Tariff €66 / MWh
    Estimated Annual Gross Revenue ~€16,000,000 EUR
    Estimated Annual OPEX ~€1,530,000 EUR
    Estimated Annual EBITDA ~€14,470,000 EUR (Revenue minus OPEX)
    Implied EBITDA Margin ~90.4%
    Average Annual Net Cash Flow ~€14,500,000 EUR
    Total Project CAPEX €100,000,000 EUR
    Levelized Cost of Energy (LCOE) €30 / MWh
    Projected Equity IRR 19%
    Equity Payback Period 5.5 Years
    Net Present Value (NPV @ 12%) €18,500,000 EUR

    Basic Details

    Target Price:

    $ 12,500,000

    Gross Revenue

    $16,000,000

    EBITDA

    $14,400,000

    Business ID:

    L#20261052

    Country

    Macedonia

    Detail

    Business ID:L#20261052
    Property Type:Renewable Energy - Solar PV
    Property Status:For Sale
    Target Price: $ 12,500,000
    Gross Revenue:$ 16,000,000
    EBITDA:$ 14,400,000
    Target Price / Revenue:0.78x
    Target Price / EBITDA:0.87x
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      Published on May 6, 2026 at 9:38 am. Updated on August 10, 2026 at 8:00 am

      The North Macedonia 130 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

      Financial Overview

      Market & Investment Potential

      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

      Metric / Financial Parameter Value / Detail
      Transaction Structure Seller seeking 20%–30% strategic equity partner participation
      Installed Capacity 130 MWp
      Expected Annual Generation 208,000 MWh (Yield Factor: 1,600 kWh/kWp)
      Assumed Electricity Tariff €66 / MWh
      Estimated Annual Gross Revenue ~€16,000,000 EUR
      Estimated Annual OPEX ~€1,530,000 EUR
      Estimated Annual EBITDA ~€14,470,000 EUR (Revenue minus OPEX)
      Implied EBITDA Margin ~90.4%
      Average Annual Net Cash Flow ~€14,500,000 EUR
      Total Project CAPEX €100,000,000 EUR
      Levelized Cost of Energy (LCOE) €30 / MWh
      Projected Equity IRR 19%
      Equity Payback Period 5.5 Years
      Net Present Value (NPV @ 12%) €18,500,000 EUR

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