Wind Project — Financials
This page summarises the financial structure and investment characteristics of the Tulcea Wind Project. The financial model has been developed using conservative assumptions and reflects the scale, maturity, and long-term operational profile of a utility-scale onshore wind asset.
Investment Overview
The project is structured as a single-purpose vehicle (SPV), allowing for clear allocation of capital, risk, and returns. The financial strategy combines equity and long-term debt financing to optimise investor returns while maintaining prudent leverage levels.
Key Financial Metrics
- Total Project CAPEX: approximately €195 million
- Equity Contribution: approximately €58.5 million (30%)
- Debt Financing: approximately €136.5 million (70%)
- Target Investor IRR: approximately 29.9%
Revenue & Cash Flow Profile
Project revenues are primarily generated through the sale of electricity produced by the wind farm. The long operational life of the asset supports stable and predictable cash flows following commissioning.
The financial model anticipates a strong cash flow profile during the operational phase, with an estimated equity payback period of approximately 5 to 7 years. Long-term returns are supported by consistent wind resources and efficient turbine performance.
Financial Assumptions & Sensitivities
Key assumptions include conservative wind yield estimates, standard operating cost profiles, and compliance with applicable grid and regulatory requirements. Sensitivity analyses have been applied to assess performance under varying market conditions.
All financial figures are indicative and subject to change based on final technical design, market pricing, and financing terms.
Turning Sunlight into Reliable Clean Power
Aurora Renewables SRL Wind projects harness consistent wind resources using advanced turbine technology to deliver dependable, low-carbon electricity. Engineered for performance and grid stability, our wind solutions support energy resilience across diverse operating conditions.
Key Features
Built with high-efficiency turbines, intelligent control systems, and grid-integrated infrastructure, Aurora Renewables SRL Wind projects provide stable power generation, reduced variability, and long-term operational reliability while minimising environmental impact.
Wind Project Documentation
Explore the complete details in our interactive presentation below.