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Solar Power Plant for Sale in Ilūkste, Latvia

For Sale: Ready-to-build solar power plant project with owned land of 1.1 hectares in Latvia.
This transaction has concluded.

Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 20 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Solar Power Plants
Locations  Ilūkste
Local Time 1:13 AM Europe / Riga
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 170 thousand (Native Currency: EUR 158,400)
Reason: Lack of personal financial resources to develop the solar park.
Includes physical assets worth USD 170 thousand
Business Overview

- Former engineering consultancy firm that is now unoperational.

- The company owns a solar park, with all technical drawings and permissions for the same.

- After the construction of the solar park, it is planned to sell the generated electricity at the exchange price of the NORDPOOL exchange.

- Solar park with ROI (return on investment) at the average electricity price per year:

EUR 100/MW - 17.08%

EUR 90/MW - 15.21%

EUR 80/MW - 13.33%

EUR 70/MW - 11.46%

EUR 60/MW - 9.58%

EUR 50/MW - 8.62%

EUR 40/MW - 5.83%

- The installed production capacity will be 926kWp. Production capacity limit 800kW. The planned amount of produced energy - 958 MWh/year.

- The buyer will get the entire land parcel of 1.1 hectares, the legal entity, all the technical drawings, and ownership certificates for the land.

Products & Services Overview

The business started as an engineering consultancy but it pivoted to solar power parks.

Assets Overview

Tangible assets include 1.1 hectares of land worth EUR 158,400.

The price includes the land of 1.1 hectares.

Intangible assets include:

- Connection to the electricity network, and permits.

- Legal entity.

Facilities Overview

The owned land is 1.1 hectares and it is located in Ilukste.

Capitalization Overview

- Sole owner of the business.

- Completely debt-free land and company.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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