PROJECT ICAPUI
MAIN INFO
Project Icapui will be managed by Energende Brasil. Energende will contract with local partner MDF to purchase in operate the Icapui Wind Farm
LOCATION
Northeastern Brazil
NATURE
Wind Farm
CAPACITY
91.2 MW
AREA
242 hectares leased
ENERGY FOR SALE
340,708 MW/year
ENERGY FOR TRADING
PPA/Open Market PPA active (USD 0.04 per kW = USD 40 per MW)
CAPEX
USD 111,000,000
LOAN NEEDED
USD 120,000,000
EXISTING FUNDS
EXISTING FUNDS
TIME OF COMPLETION
24 months
PROJECT ICAPUI
TECHNICALS
Project Icapui will be managed by Energende Brasil. Energende will contract with local partner MDF to purchase in operate the Icapui Wind Farm
Air Generators
16 units
Connection
69 kV powerline
Substations
69 kV
Distance
10.12 km
Licenses
Installation & Operation (active)
Access
Paved road
Terrain
Flat and Dry
Environmental Restraints
None
Wind Measurement
Done
Geology & Topography
Done
PROJECT ICAPUI
FINANCIALS
Project Icapui will be managed by Energende Brasil. Energende will contract with local partner MDF to purchase in operate the Icapui Wind Farm
FOR LENDER:
Final gross revenue (Amortization + Interests) for Lender:
USD 175,864,494.00
Return of Investment (ROI): 46.55%
FOR DEVELOPER:
Project Accumulated Net Cash Flow Balance at Year 30:
USD 446,814,337.00
IRR: 8.26%
NPV (considering discount rate 5% a.a.): USD 70,303,412.03
ASSUMPTIONS:
Energy sale price: USD 0.04 per kWh
Desired loan: USD 120,000,000.00 | Interest rate: 5% a.a.
Loan duration: 15 years | Grace period: 2 years