FINANCIAL INVESTMENT PRODUCT
BUILD TO SUIT solution
A 'Build to Suit Solution' Is a way of leasing properties, in which the developer
or landlord builds the projects following the tenant's specifications.
The Investment Fund pays for the construction/development
of the Project (Solar PV Park in our case), and the tenant/operator then leases - with a duration compulsory term - the Solar PV Park from the Investment Fund.
In our case the main players are:
AlterPower works closely with a prestigious Fund to select the partners and the Solar PV Projects.
The Investment Fund acquires the Permits, the Licenses, the Land and finances the construction of the Solar park.
2.- Operator / Tenant:
It is selected by the Financing
Fund jointly with AlterPower.
The Operator/Tenant receives the rights to operates the Solar Park after signing
a lease contract with the Investment Fund (Owner), under a compulsory duration term (around 15-20 years).
The Investment Fund
and the Operator will agree on the terms of the lease contract and duration.
The amount of the annual rent would be roughly 7 % after
discounting expenses such as property taxes, maintenance; etc. it represents a yield for the Fund of 7 % regarding the investment.
3.- AlterPower AG.:
AlterPower team Identifies, selects
and develops the project jointly and/or following the specifications of the operator, that the Investment Fund finances.