☀️ SunFarm Baní
50 MW AC / 59.69 MWp DC Photovoltaic + 25 MW / 100 MWh BESS
📍 Baní, Peravia Province, Dominican Republic
Shovel-Ready
50
MW AC
59.69
MWp DC
100
MWh BESS
25
MW BESS
$90M
Total Basis
$55M
CAPEX
$35M
Acquisition
$70/MWh
PPA Target
Capital Stack
60/40 Debt-Equity Structure · $90M Total Basis
Senior Debt$33M (60%)
Equity$22M (40%)
Debt: 6.5% rate, 18-year tenor · Equity: Sponsor / institutional
PPA Terms
Power Purchase Agreement Target
Price
$70/MWh
Escalation
1.5%/yr
Term
25 years
Capacity
50 MW
Offtaker
TBD — Offtaker Outreach
Status
Draft
BESS Value Stack
Peak shifting, frequency regulation, capacity firming
Permit Checklist
All key approvals for bankability
CNE Generation ConcessionCNEgranted
ETED InterconnectionETEDgranted
Environmental LicenseMin. Medio Ambientegranted
Land TitleRegistro de Títulosgranted
What Closes a PPA
Three conditions a buyer must believe
1. Deliver Electrons
- ›ETED interconnection status
- ›Project readiness posture
- ›Schedule confidence (risk model + mitigation)
2. Defensible Price
- ›Regional solar + BESS benchmark comparisons
- ›Escalation logic
- ›Curtailment & dispatch narrative for BESS value stack
3. Safe Counterparty
- ›Append-only audit trail
- ›Document hashes (chain-of-custody)
- ›Repeatable PDF memo output
Funding Pathways
8 financing lanes identified
| Pathway | Target | Status | Institution | Next Action |
|---|---|---|---|---|
| Senior Project Debt | $33M | identified | — | Secure PPA → approach lenders |
| Sponsor Equity | $22M | identified | — | Complete project dossier |
| Green Bond Issuance | — | identified | — | Green Bond Framework certification |
| DFI Blended Finance | — | identified | IDB Invest / IFC / DFC | Submit for DFI screening |
| Carbon Credit Forward | — | identified | — | Calculate tCO₂e/yr methodology |
| Political Risk Insurance | — | identified | MIGA / DFC | Prepare risk assessment package |
| EPC Vendor Finance | — | identified | — | Engage EPC vendors for terms |
| Sustainability-Linked Loan | — | identified | — | Define KPI framework |