Projects’ owner(s)
The operative Greek owner-company SRMK-1 Methanisation Plant IKE is the projects’ rightful owner.
The owner-company is owned by one (1) Dutch legal entity (100% owner).
Project details
| Dossier nr./Project name……..: | 177.GR10.1801 | Projects’ Production………: | 180 kW /hour |
| Intended construction period..: | Jan 2018 – Dec 2020 | Annual production…………: | 1.440 MW |
| Intended revenue start………..: | approx. Jan 2021 | Annual consumption………: | 72 MW (5,00 %) |
PLEASE OBSERVE! Some information in this page can vary for competition protection purposes. Accurate detailed information and significant documentation are available only to granted participant investors!
Project Exploitation
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All requirements has been met and the necessary licenses /permits has been obtained. There are currently no pending or granted construction subsidy. Ongoing bank leasing construction is pending. The construction of the facility can start in Q3 of current year 2020, when the pending grid connection and the construction permit are expected to be granted and the necessary financing has been secured.
The project requires any INVESTMENT participation to a max. of 0,5 Milj. Euro.
The I.R.R. is approx. >25%The R.O.I. is approx. >30%The project will be financed by:
Government Subsidy……….: 0,00 % Bank Finance………………..: 0,00 % Other resources approx…….: 17,00 % Private equity approx……….: 83,00 % Financing details Private Equity:
Required Private equity of……………: € 500.000 Divided in amount of Invest-Posts….: …0 Purchase price of one (1) Post………: € ….0.000 Shares per one (1) Post………………: ….0-120
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Central Greece
Location selection criteria
- Theoretical potential records.
- Actual potential (on-site visits /audits).
- 20% energy coverage of existing capacity.
- Local socio-economic criteria.
- Local environmental cultures.
- Road & other transport accessi-bility.
- Future planning.
Feed-in tariffs
| Price kWh /E…………..: | € 0,219 |
| Price kWh /T…………..: | € 0,056 |
| Price solid fert /ton……: | € 0,00 |
| Price liquid fert /ton…..: | € 0,00 |
Expected Results
| The first 10 years (approx.) | |
| ANNUAL REVENUE………..: | €3.500.000 |
| EBITDA………………………: | <2 Milj.Eur |
| DIVIDEND per one (1) Post..: | <7.000 /P. |
| The next 10 years (approx.) | |
| ANNUAL REVENUE………..: | €355.000 |
| EBITDA………………………: | <€230.000 |
| DIVIDEND per one (1) Post..: | <€0.000 /P. |
Project /Investment advantages
- A 20-years fixed contract with the State Electricity Company (DEI) for
feed-in tariff of € 253,00/MWh and indexation of (40% x local
annually inflation). - Currently and for the next 10 years one of the most lucrative
investments in alternative energy with high ROI in the Greek territory. - Exploitation of the benefits of the best organic fertilizer (not calculated
extra income ) - Exploitation of Thermal power (not calculated extra income )
- Great exploitation of the Green Certificates /benefits of Green Energy.
- Satisfaction of the intense social pressure towards environmental
confrontation and care.
Licenses, Permits & Contracts
 |
Property owned /or Rental Period………: | Continuous |
|
Local construction license /Period………: | Continuous |
|
Environmental approval /Period…………: | Continuous |
|
Contract supplier raw material /Period…: | Continuous |
|
Final connection offer /Period……………: | 2 years |
|
Contract sale Electricity /Period…………: | 20 years |
| no | Contract sale Thermal /Period…………..: | —– |
| no | Contract sale fertiliser solid /Period…….: | —– |
| no | Contract sale fertiliser liquid /Period……: | —– |
|
Production license /Period………………: | Continuous |
|
Production license RAE /Period…………: | Continuous |
|
Increased production license /Period…..: | Continuous |
Expectations
- The Investment requirements could be proven less after the projects’ Detail Engineering
- The annual company taxes are currently at 26% and are expected to decrease to 15%
- LAGIE (Operator of Electricity Market) will manage to reduce today’s payment conditions causing a 6 months delay, to payments within a period of 60 days.
