Solar Project — Financials
This page outlines the financial structure and investment assumptions for the Niculițel Solar Project. The project has been designed to deliver attractive, risk-adjusted returns through a phased development model supported by long-term renewable energy fundamentals.
Investment Overview
The solar project is structured as a grid-connected photovoltaic power plant with capital deployment aligned to development milestones. The financial model is based on conservative assumptions to ensure long-term stability and resilience under varying market conditions.
Key Financial Metrics
- Target Internal Rate of Return (IRR): 27.41%
- Total Investment: €59 million
- Investment per MW: €590,000
- EPC & Turnkey Cost: €47.5 million
- Ready-to-Build (RTB) Purchase Price: €11.5 million
Capital Structure & Assumptions
The capital structure combines equity and debt financing to optimise returns while maintaining prudent leverage levels:
- Equity Contribution: €11.8 million (20%)
- Debt Financing: €47.2 million (80%)
- Debt Terms: 4% interest rate over a 15-year period
Financial Assumptions
Key assumptions applied within the financial model include conservative panel degradation rates, stable grid-connected revenue structures, and phased capacity deployment aligned with permitting and construction timelines.
All financial figures are projections and may vary depending on market conditions, regulatory changes, and final technical configurations.
Turning Sunlight into Reliable Clean Power
Aurora Renewables SRL Solar projects deliver efficient, grid-ready photovoltaic systems designed to meet growing energy demand while reducing environmental impact. Built for reliability, scalability, and long-term performance, our solar solutions provide clean power where it matters most.
Key Features
Aurora Renewables SRL Solar projects provide dependable, low-carbon electricity through intelligently designed photovoltaic systems. Optimised for grid performance and long-term efficiency, our solutions help businesses and communities transition to clean energy with confidence.
Solar Project Documentation
Explore the complete details in our interactive presentation below.