GBP 129,000,000
Spent so far: GBP 2,000,000
Can spend more: No
United Kingdom
Assured repayment by: Power Purchase Agreement
Submission Ready Indicators:
LTV Expectation: 100%
Land/Site: Optioned
EPC Contracts: Draft form
PPA/OMA or other off-take agreements: Draft being developed
Financial Projections: Completed and available
Waste to Energy 16.5 MWe plant in the UK. Client and EPC have developed a number of sites within Europe which have been operationalised for a number of years. EPCM draft contract in place with draft contracts/ LOIs for feedstock and PPAs. All contracted companies are Tier 1 with Lloyds underwriting/ insurance wrap to be in place. At stabilisation turnover to be £27m with EBITDA at £17m. Land available for purchase with deposit paid, all permits in place for the 16 MWe plant and the 128,000 tonnes of waste.
| GBP | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Turnover | 23.7m | 24.3m | 25.1m | 25.9m | 26.6m |
EBITDA | 15.2m | 15.7m | 16.2m | 16.7m | 17.2m |
% | 64% | 64% | 65% | 65% | 65% |