Available PV Parks for Sale

Here is the table with all available parks for sale.

To view photos of our connected to the grid, available PV parks for sale, please click here.

We are interested to sell all the PV parks included in the document at the non-negotiable prices which appear in the column ‘Selling Prices’. In case of interest, the interested party must submit to us a Letter of Interest (LoI) with his detailed profile along with a Proof of Funds (PoF) by a financial institution which will certify that their client, who is interested to buy one/more of the parks included in the document, possesses the necessary funds to do so. If we don’t receive both the aforementioned documents we cannot provide you with any further information with regards to the technical characteristics of our available for sale PV parks (such as exact location, size of plot etc.). 

We also own and have for sale many other PV and Wind Parks, so please contact us for more information.         

All PV Parks are connected to the Grid
All our available PV Parks for Sale are connected to the grid and they have been operating since 2011. Their secured, for the next 20 years, Feed In Tariffs appears on the table.

Annual Electricity Generated
We have utilized actual data to calculate the ‘Annual Electricity Generated’ which appears on the table, at least for the PV Parks that have been operating for more than a year.

Equipment
The equipment that has been used for the construction of the PV Parks is the following:
- Inverters: All are from SMA Germany, except the ones for VATHYLAKOU (3 Mw), which are from SunGrow China
- Panels: Chinese (Linuo)


Maintenance Contracts

All parks have maintenance contracts from a specialized company that fixes all problems that may occur and also replaces all parts that cannot be fixed. In addition, the parks are covered by insurance contracts for a) loss of income and b) replacement of parts while they are also all fenced and are connected via SMS and cameras in order to be monitored at all times by the maintenance company.

Assumptions/Projections
The revenues and expenses that are shown in the table are based on actual data.

Profitability of the Investment for the Prospective Buyer
Our team has prepared a table where you can find the details about the financial performance of each PV Park in terms of ‘EBITDA’.

As you can see, the returns are very attractive for all the PV Parks available for sale, since the buyer can secure an unlevered IRR of about 10%, which is the realized IRR.

The so high investment returns are due to the very high annual electricity generated as well as the very high secured Feed In Tariffs (FITs), which cannot be attained anymore, due to the recent downward adjustments to the FITs that were imposed by the Government (which forces the FITs to €50, €60 per MWh) that render PV investments, investments of low profitability.

Agents/Middlemen Fees
Realtors/Intermediaries/Introducers' Fees are fixed to EUR 100,000 if all parks are purchased at the same time or on a prorata basis if only over a minimum of 3MW of parks are purchased.