Opportunity Summary
We present a lucrative investment opportunity in the renewable energy sector. Located in Victoria, this 10MW solar farm is fully operational with Tier 1 equipment still under warranty and has a secure 10-year Power Purchase Agreement (PPA). The project benefits from a 30-year land lease and established agreements for operation and maintenance (O&M), as well as asset management (AM), ensuring smooth operations over the long term. With no transmission constraints and the option to use energy trading strategies, the farm offers additional flexibility and potential for enhanced returns.
Operational contracts:
This investment is further backed by guaranteed revenue making it a strong, income-generating asset with significant growth potential in the growing Australian solar market.
Grid Connection: A Negotiated Connection Contract with Powercor was signed in April 2018, and the farm was granted an exemption from market registration in mid-2019.
Development Approval: Development Approval for the project by Rural City Council, confirming its regulatory compliance.
Land Lease: A 30-year land lease was signed in 2018 with wine operators, ensuring long-term tenure.
PPA Revenue: A 10-year PPA is in place, with 7 years guaranteed and a 3-year extension option, providing stable and predictable revenue.
No Transmission Constraints: As a sub-30MW project, the farm faces no transmission constraints from the Australian Energy Market Operator (AEMO).