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Newly Established Wind Mill Investment Opportunity in Kalpitiya, Sri Lanka

Secure a stake in non-operational lucrative Sri Lankan wind-farm, outperforming global renewables by 1,800 points.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Wind Mills
Locations  Kalpitiya
Local Time 4:16 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 45 million for 75.0% stake (Native Currency: USD 45,000,000)
Reason: We need this investment to start the construction of the wind farm. We have opportunities for inves... View More
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Business Overview
- The company is strategically positioned in the renewable energy sector, focusing on developing greenfield projects across emerging markets, with a strong emphasis on sustainability and innovation.
- Currently developing a 60MW wind farm in Kalpitiya, Sri Lanka, aimed at addressing the growing demand for renewable energy in the region.
- A 20-year Power Purchase Agreement (PPA) will be established with the Ceylon Electricity Board, ensuring long-term revenue stability and partnership with Sri Lanka's largest utility provider.
- Project will benefit from a competitive feed-in tariff of USD 10 cents per kilowatt-hour, enhancing its economic viability and attractiveness to investors.
- Company will have a dedicated team on the ground in Sri Lanka, comprised of experienced professionals with a proven track record in renewable energy project development.
- Construction of the wind farm is set to commence before the fourth quarter of this year, signalling a proactive approach to project execution and timeline management.
- The investment is projected to deliver an annual yield of 20-25%, with an expected total return of 60-75% over three years, significantly outperforming similar global renewable energy assets by 1,200-1,800 basis points.
- The parent entity is an SLP fund based in Luxembourg and the promoter is based out of India.
Products & Services Overview
The company develops renewable projects meant for utilities around the globe more specifically in emerging markets such as India, Sri Lanka, Bosnia, Romania, Croatia and Africa.
Now the company is venturing into developing a wind farm in Sri Lanka.
Assets Overview
Has obtained the necessary license and approvals for starting the project worth USD 500k from the Sri Lankan government.
All necessary permits have been secured, reducing planning and permitting risks.
Facilities Overview
In the process of leasing a 177-hectare land in Kalpitiya, Sri Lanka.
The land will be leased from the government for 33 years.
Capitalization Overview
The founders have invested in most of the projects with co-partners. Has no loans or debts.
Has a single major shareholder.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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