Rooftop Asset Portfolio

First agreement with strategic partner ReNu Energy to transfer 5MW solar projects

Partners

Summary

  • ROFO agreement for projects under 5 MW
  • First project (600 kW Amaroo)
  • Annual alliance fee for 5 year term and an up-front origination fee per project
  • Long-term asset management agreement

Outcomes

  • Off-take for pipeline in growing market
  • 5 year revenue profile
  • Strong alignment with long term asset owner
  • Efficient structure for execution of smaller projects

Operational rooftop asset portfolio

Project locations