SunScout Signs Definitive Agreement for First Philippine Solar-Plus-Storage Project, Expected to Add US$25 Million in Construction Revenue
SunScout signed a definitive agreement to acquire the 25 MWp AKELCO solar-plus-storage project on Panay Island for a purchase price of $2.5 million. The deal is expected to generate $25 million in construction revenue during the build phase and approximately $3.6 million in annual revenue once operational under a 20-year fixed-price power supply agreement.
Key figures
- Deal Value Usd
- 2500000
- Avg annual fcf
- US$1.2 million
- Psa term years
- 20
- Avg annual revenue
- US$3.6 million
- Battery storage mwac
- 13
- Construction revenue
- US$25 million
- Project capacity mwp
- 25
AI analysis
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