PV project evaluation for the acquisition of two plants totaling 62MW in Spain.
Customer
Octopus Energy
Location
Spain, Navarra
Power
62 MW
Date
2025
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Project
Review of site-specific information and as-built design materials provided.
Development of an independent assessment of energy production based on satellite data.
Review of EPC's energy production assessment used as the basis for performance testing compared to that of One Hub Energy.
Review of component warranties and certificates and grid connection documentation, as well as technical aspects of licenses and permits available for the project and substations, and the status of environmental monitoring and management and compliance with planning conditions.
Review of project and substation leases and access routes for consistency with project dimensions.
Review of secured land leases for wind hybridization.
Review of operational contract documents and project financial model assumptions.
Review and support in negotiations to agree on the definition of COD status.
Review that the project meets all COD criteria defined in the Transaction Documents agreed by the Parties when the Seller communicates that such status has been reached.
Participation in technical discussions during the process of negotiation and revision of the SPA contract and technical annexes, annual forecast of discharge restrictions in the specific node.
Remote owner's engineering support including review of commissioning documentation and support up to PAC.
