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Solar Power Plant Seeking Loan in Herceg Novi, Montenegro

Company engaged in the development of solar park projects with an expected IRR of 15%-30%

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Solar Power Plants
Locations  Herceg Novi
Local Time 8:21 PM Europe / Podgorica
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 5.6 million for 10.0% annual interest, 10 years (Native Currency: EUR 5,000,000)
Reason: The business is seeking an investment to build a solar park.
Collateral Available: USD 5.6 million
Includes physical assets worth USD 5.6 million
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Business Name
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Documents
Business Overview
- Our company has close business relations with state energy companies of Montenegro.
- Over the past 2 years, we have prepared 4 investment projects for amounts from EUR 1.5 million to EUR 50 million.
- The business takes care of manufacturing these plants.
- The raw materials for this solar park will be obtained from our supplier in China.
- The business will be selling 1 watt of power for about EUR 0.11 - EUR - 0.15.
- The energy will be sold both to government and private clients.
- The owner of the business has previous experience in building private solar stations in Germany.
- All proper licensing has been obtained to start the projects, once the investment is brought in we will be taking a decision on the land area and will start building the plant.
- The expected IRR from these projects will be 15% to 30%.
Products & Services Overview
The business is engaged in building solar park projects.
Assets Overview
Goods, real estate, transport, warehouse, and office space.
Agreements with the local government.
Facilities Overview
The project involves several areas ranging from 40k sqm to 500k sqm located in Montenegro. We have completed all the formalities for these lands and once the investment is brought in, we will be deciding on the right area required for this park.
Capitalization Overview
The business does not have any liabilities or any kind of debt.
The company has a single owner with complete control.
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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