MAGOP CODE MAGOP/FP/REQ/07SEP16B
LOCATION Turkey
PRODUCT TYPE Project funding/financing request
DESCRIPTION WANTED: Funding/financing needed for PPA-backed solar farms/plants
TRANSACTION CURRENCY EUR
FUNDING AMOUNT Varies from project to project
FUNDING TERMS 10 years or less
TOTAL CONTRACTS AMOUNT €1,000,000,000+ (More than one billion Euro)
COMMISSIONS As agreed
NOTES

Upwards of 50 different Turkish landowners have plans to build 500kw and larger solar power plants that qualify for government-backed utility power purchase agreements (PPAs) that guarantees that all energy produced will be purchased. The project owners for the 500 kw plants each seek suitable funding in the amount of €750,000 (Seven Hundred Fifty Thousand EUR). The other projects’ loan requests will vary in greater amounts depending on the sizes of the larger tracts of properties. The project owners all seek 100% funding and terms of less than 10 years. These landowners are willing to consider using the value of their properties to collateraiize each projects' funding.

MAGOP RELATIONSHIP: Magister Operis™ is organizing and packaging each client's documents with the teamwork of Magister Operis' Turkish partner and his solar installer/maintainance friend that has done extensive planning for each project.

 

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