Ready-to-Build 1.134 MW Photovoltaic Park SPV Acquisition in Cyprus Project №233116
We are pleased to present an excellent investment opportunity in the rapidly growing renewable energy sector in Cyprus.
Offered for sale is an SPV company holding a fully licensed, ready-to-build photovoltaic park project with a total capacity of 1.134 MW. The transaction includes the 100% acquisition of the SPV together with all existing project permits and licenses.
Project Highlights
Total capacity: 1.134 MW
Ready-to-build photovoltaic project
Fully licensed, including Town Planning Permit, CERA Permit, Planning Permit and Building Permit
EAC preliminary connection approval, including energy storage
5% of the connection fee to be paid upon issuance
Project included within the available substation capacity allocation
Convenient and easy access to the site
Acquisition structured through the purchase of the SPV company
The project benefits from a long-term land lease arrangement:
25 + 25 years — €6,900 per annum
This represents an attractive opportunity to acquire a substantially de-risked renewable energy project with the principal permitting process completed and the project positioned for development.
For further information and project documentation, please feel free to contact us.
