QPQ INTERNATIONAL
QPQ Vetted Utility-Scale Green Energy Projects
Solar and BESS Projects
- Capacity: 50 MWe, 14 Hrs TES
- Net Energy Generation: 150 GWh per Year @ zero degradation
- Opportunity: Purchase SPV
- Offtake: Feed-in-Tariff 270 € / MWh for 25 Years Backed by Greek Sovereign Guarantee
- CAPEX: 230 - 240M € Including SPV purchase
- Project IRR: 10% unleveraged
- EBITDA: 36M € per Year
- OPEX: 4M € per Year
- Project Status: Fully Permitted Ready to Build
- Capacity: 157 MWAC Solar
- Power Tariff: 62 US$/MWh
- PPA Term: 40 years
- Equity IRR: 12 %
- Investment: 138,776,528 US$
- Project Status: Investment Ready, RTB
- Capacity: 1496 MW
- IRR: 16-17%
- Investment Required: 650M €, 130M € in Equity
- Capacity: 350 MW
- Project IRR: 8.18% unleveraged, Equity IRR 23.5%
- Project CAPEX: 227.5M €
- Project Status: Late Stage RTB in Q4 2024
- Capacity: 150 MW Solar, 48 MW Wind, 25 MW Hydrogen
- Project IRR: 32+% before tax
- Hydrogen Tariff: 6 € / kg
- Government Support: FiT of 135.1 US$/MWh 20 yrs term
- Investment Required: 261.3M US$
- Capacity:30 MW/h BESS
- Project Capex: 12.8M £
- IRR: 17.9%
- Payback Period: 15 years
- Net present value (mGBP): 11.6 (6% discount), 8.7 (8%), 6.3 (10%), 4.3 (12%)
- Date of exp. commissioning: 2028
- Capacity:49 MW/h BESS
- Project Capex: 23.4M £
- IRR: 16.4%
- Payback Period: 15 years
- Net Present Value (mGBP): 17.6 (discount rate 6%), 12.8 (8%), 8.8 (10%) and 5.6(12%)
- Date of exp. commissioning: 2025
- Capacity: 200 MW
- Project Capex: 101.4M £
- IRR: 15.9%
- Payback Period: 15 years
- Date of exp. commissioning: 2025
- Net Present Value (mGBP): 73.5 (discount rate 6%), 52.8 (8%), 35.8 (10%) and 21.5 (12%)
- Capacity: 20 MW
- Project Capex: 7.7M £
- IRR: 20.9%
- Payback Period: 15 years
- Net Present Value (mGBP): 8.7 (discount rate 6%), 6.8 (8%), 5.2 (10%) and 3.9 (12%)
- Capacity: 80 MWp
- Project CAPEX: 650k €/MWp
- Project Stage: Advanced
- Deal Structure: Full exit sale at RTB
- Capacity: Multiple 250MW/500MW/AC
- Acquistion Cost: $10-$25 per kWh
- Tax Incentives: IRA Tax Credit Incentives Investment Tax Credit 30% Designated Community 10% Domestic Content 10% & Transferrable Tax Credit Sales
- Capacity: 110 MWp
- Deal Structure: SPV opening in Poland then 100% share purchase at RTB stage.
- Investment Required: The project will be sold at Ready to Build status to the incoming investor
- Technology: BESS-Lithium Ion-LFP
- Round Trip Efficiency: 94%
- Project Lifetime: 20 years
- Capacity: 50 MW AC – 200 MWh Generation 54.96 MW DC - 230.4 MWh Generation
- Project Cost: CAPEX: 40 M€
- O&M: 1% CAPEX
- Insurance: 1% CAPEX
- Charging cost: € 3.24 cts/kWh
- Selling price: € 10.4 cts/kWh
- Deal Structure: Equity mode with EPC-F Or Debt Equity mode: 70/30. Searching for EPC-F or Equity Partner
- Capacity: 1045 MW
- IRR: 16% Equity
- Investment Required: 420M to 440M €, 85M € in Equity
- Capacity: 1496 MW
- IRR: 16-17%
- Investment Required: 650M €, 130M € in Equity
- Capacity: BESS 200 MW/400 MWh, Solar PV 100 MWac
- Returns: 7 x on the development capital invested
- Payback Period: 18 months of development period
- Investment Required: 3.1M A$
- Solar PV Module Production:
- Output/year: 300 MW/1.6 GW
- Investment: 10M US$/51M US$
- Solar EPC (Condor):
2023 Revenue: 55M US$
2023 EBITDA: 8.5M US$ - Investment: 45M US$
Combined Entities: - IRR: Equity 30% Project 28%
- Payback Period: 2.5 years
- Project EBITDA: Year 1 EBITDA 30M US$, Year 5 EBITDA 170M US$
- Capacity: 120 MWp Contracted Capacity is 100 MWac
- Project IRR: 11.9%
- Project Offtake: PPA 25 years @ 60 US$/MWh Take or Pay, Secured but not signed
- Project CAPEX: 58.55M US$
- Sale Price: 5M US$+EPC
- Capacity: 62,000 t/year Green Hydrogen & 420 MW Solar
- IRR: Project 14.2%, Equity 15.1%
- Payback Years: 4 years (Equity), 8 years (Total Investment)
- Project Offtake: PPA 15 years @ 4 US$/kg Take or Pay + Carbon Credits
- Project Cost: 720.4M US$
- Financing Structure: 20% Equity, 10% Mezzanine, 79% Debt
Wind Projects
- Capacity: 54.6 MW
- Project IRR: 12.98%
- Project CAPEX: 59.38M €
- Payback Period: 12 years
- EBIDTA: 9.5M € annually during the operational phase
- Capacity: 125 MWp Solar & 60 Wind Farm (Possibility of adding Energy Storage)
- Deal Structure: SPV opening in Poland then 100% share purchase at RTB stage
- Investment Required: The project will be sold at Ready to Build status to the
- incoming investor
Hydro Projects
- Capacity: HPP1: 24,75 MW – 93 GWh/year, HPP2: 9,9 MW – 25GWh/ year
- Project IRR: 12.5%
- Investment Required: 70% Debt-bank loan, 30% Equity vs 49% stock in respective SPV's
Waste to Energy & Biomass Projects
- Capacity: 640k tons of woody biomass converts into 230k tons of green methanol
- IRR: 30%+ unlevered IRR
- EBITDA: 330M US$ per plant with credits
- Payback: 3 years per plant
- Project Status: Funding / FEL-3 FEED; a large family office and top 5 Japanese trading company have completed diligence and agreed to invest
- Project Overview: 700M US$ waste-to-fuel project in the U.S.
- Permits: Key permits already secured.
- Timeline and Technology: Construction timeline: 3 years. Proven technology with guarantees from top companies
- EPC Contractor & Offtake: In place
- Investment Required: 700M US$ per plant, 3.5B US$ total
- Patented proven modular waste-to-energy technology ready to be scaled
- Capacity: 175,000 tons per year
- Capex: 48.4M US$
- IRR: 18.5%
- Permits Available: Most permits are in place - close to RTB
- Investment Required: 2.5M US$ in Equity (or convertible debt)
- Capacity: 123kt/year
- Revenue at Year 4: 215.6M US$
- Project IRR: 25%
- Net Present Value: 265.2M US$
- Offtake: eMethanol Commercial Sale
- O2 Commercial Sale
- Payback Time: 5 Years
- Investment Required: 243.5M US$
- Project Status: Investment Ready
- Capacity: 126 million Liters/Year Bioethanol to 83,000 t / Year
- Revenue BY 2027
- ATJ: 146.3M US$
- SAF: 277.1M US$
- Project IRR:
- ATJ: 24.1%
- SAF: 59.3%
- Equity IRR:
- AJT: 28.2%
- SAF: 90.5%
- Project Status: Late-Stage Development
- Offtake: Take-or-Pay (Leading Airline)
- Investment Required:
- ATJ: 452.2M US$ (Bioethanol)
- SAF: 404M US$ (SAF)
- Capacity: 32 Tons per year using Catalytic Cracking
- EBITDA: 18M US$/year
- Unlevered IRR: 32% pretax
- Investment: 37M US$ + 500k
- Capacity: 26.5 TPD of RNG, 264,695,848 scf/y of Carbon dioxide & 72,430 MT/y of Organic fertilizer
- Project Cost: 50M US$
- Annual Income: 19M US$
- EBITDA: 81%
- IRR: 39.2% Project
- Payback: 3 yrs
- Capacity: 83,000 t/year
- IRR: 14.7% Project
- CAPEX: 202.3M € (Phase 1)
2,400M € (Phase 2 - 2030) - Payback Period: 6.9 years (total investment)
- Investment Required: 2.23M € Development Cost
60.68M € Equity (Phase 1)
- Capacity: 190,000 tons
- Project IRR: 8.14% with a possible upside of 10% with CCUS
- Deal Structure: Incoming investors owning majority Shares in the SPV
- Investment Required (Debt / Equity): 280 Million US$
- Capacity: 440,000 tons of end-of-life tires (ETLs) annually
- Unlevered ROI on free cashflows (20 years): 18.5%
- Payback period: 6 years
- Total Investment (100%): 42M US$
- Equity Capital (30%): 11.6M US$ in exchange for majority shareholding & Debt Capital (70%): 27.4M US$
This innovative project will be the first in Belgium, following the successful operation of the technology in Central Europe. The project will eventually convert 50,000 tons of ELT annually and will be the start of a planned rollout of similar facilities in other countries and continents
- Project IRR: After-tax IRR for the project exceeds 40%
- Project Sales/Offtake:
- A 10-year supply contract concluded with a leading European-listed chemical group.
- Steel- numerous offtake options
- Carbon Black – multiple MOUs with creditworthy off-takers.
- Textile – offtake by acoustic insulation manufacturers.
- Investment Required: 20M € in investment to bring the phased project to commercial operation by 2025/2026 (25,000 tons ELT) and to full capacity by 2027/2028 (50,000 tons ELT)
- Capacity:360,000 tons of Gen2 "super fuel" per annum
- Investment Required: $110 million
- EBITDA:30+%
- Capacity: 21 MW net
- IRR: 18.4% Project 22% Equity
- Payback Period: 4 years Equity, 7 years Project
- EBITDA: 67%
- Project CAPEX: 141.4M US$
- Offtake, Feedstock & Land: Secured
- Project Status: RTB
- Investment Required: Approx.28.3M US$ Equity, Seeking up to 50% co-investment
Hydrogen , Geothermal & Storage Projects
There are 42 operational deep geothermal energy projects in Germany with 4 other projects under construction and 4 classified as research projects
- Project License Areas: Germany Anchor project license is secured while other project Licences are nearing final approval.
- Leveraged Project IRR: Across 7 projects ranging from 26% to 52%
- Investment Strategy: 25M € into Holdco
- Funds will be used for 2024-25 Operations & Development expenditure (Anchor Project 1 ready to start with ready to drill on 6 Projects)
- Capacity: 1,000,000 t/year, Green Energy from Hydro & Renewables, 23 t/day Green Hydrogen
- IRR: Equity 20.1% (leveraged), Project 17.1% (unleveraged)*
- Payback Period: < 4 years (Equity) < 8 years (Total Investment)*
- Project EBITDA: 53.6%*
- Project CAPEX: Total Project Cost 391.9M US$ 20% Equity / 10% Mezzanine / 70% Debt
- Investment Required(Debt/Equity): 50% Co-Investment
* Excluding Carbon Credit Revenues
Please contact oksana@qpq.international and vlad@qpq.international, if you're interested in any of the listed opportunities, specifically mentioning the project that you find interesting. Our experienced Deal Advisory team will support the process and help you to make an informed investment decision.