Our Strategy
VALUE ADD "FIXER UPPER" SOLAR FARMS
VALUE ADD "FIXER UPPER"
SOLAR FARMS
Our Strategy
- Acquire underperforming assets below replacement cost
- Max out DC capacity under existing AC interconnection to produce more kWh’s
- Not too big or too small. We prefer 1MW to 20MW sites, although we are flexible in the right situation.
- Underperforming sites that need to replace modules & inverters / potentially add energy storage. Projects qualify for new tax credits if we replace >80% of the existing equipment (80/20 rule)
- Located in areas where our in-house operations & maintenance teams can complete electrical engineering & construction work
- Ability to sell power at favorable avoided cost rates or extend PPA
- Operate for 12-months to show increased production & revenue
- Sell asset for a profit or hold for long term cash flow
