US Joint Venture

JV partnership to develop solar assets worth $2bn by 2020

JV Partner

Summary

  • 1.8 gigawatts of utility scale projects
  • 9 states across the United States
  • ISS responsible for development
  • VivoPower has limited capital invested
  • VivoPower has right to acquire developed projects, and intends to design, finance, build, and operate projects

Outcomes

  • Control project pipeline at an attractive cost
  • 3 – 5 year revenue profile

Strategic highlights

  • Strong alignment with JV Partner with complementary capabilities
  • Risk mitigated investment – low downside with strong upside potential
  • Diversified opportunity in states that are experiencing explosive solar growth

Development pipeline

* Note: Exact MWdc subject to change through engineering process. Totals may not sum due to rounding.