About the company
Iljo Kostov 31, Kavadartsi, Macedonia (FYROM)
Seeks to acquire assets which, over their technical life, are expected to support gross portfolio returns of 10% to 14% per annum (before taxes, management expenses, administration costs)
MWh.Solar is SPV (Special Purpose Vehicle) company founded in 2018 in country Republic of Macedonia.
The MWh.Solar distributions may be less than the actual or target returns of its assets. Solar PV panels are durable and power plants typically have a lifespan of 30 years or more, with low operational costs once established.
Combined with long term power purchase agreements (PPAs) with creditworthy off takers, solar is viewed as offering attractive risk adjusted returns in the current low interest rate environment.
Consistent with its investment strategy, the MWh.Solar, recently got permissions to build new 10 MW portfolio in Republic of Macedonia. We have completed all developing procedures based on law under investment country, all of which are expected to sell electricity under 13 to 15-year PPAs. Subject to various conditions, construction of our portfolio plants is expected to commence before the end of 2019 and operational by the end of Q1/2020.