Project location Technology Project size (MWel) Project size (investment) including broker fee Expected financial performance Progress on project so far Status of contract with IQ/Eco Ltd Notes
Bulgaria (northeast) PV 4,624 EUR 4.23 million (of which EUR 430,800 returned within 6 months via VAT return) "IRR of 8-10%
Payback period of ~9.5 years" Shovel ready. Project owner owns the land. Construction will take 3 months from drawdown Agency contract signed Project owner wants to sell a majority stake to be reduced slightly after investment paid back
Italy (north) PV 4,995 EUR 11.85 million "IRR of 9-10%
Payback period of ~10 years" Plants for purchase – already selling electricity to the grid since 2012 Agency contract signed 5 x 999 kW projects of roof-mounted PV
Italy (north) PV 2,977 EUR 8.75 million "IRR of 9-10%
Payback period of ~10 years" Plants for purchase – already selling electricity to the grid since 2011/2012 Agency contract signed 5 x 499 kW + 1 x 483 kW projects of ground-mounted PV
Italy (north) PV 3,4 EUR 5.95 million "IRR of 9-10%
Payback period of ~10 years" Plant for purchase - already selling electricity to the grid since 2012 Agency contract signed Ground-mounted PV plant.
Cyprus Wind 82 For negotiation - likely ~EUR 190-200 million "IRR of 11-14%
Payback period of ~10 years" Plant potentially for purchase pending a letter of intent from a serious investor - already selling electricity to the grid since 2011 Close contact with owners, with a commitment of a letter of intent, we can get an agency contract signed. FiT of 166 EUR/MWh (retail electricity price EUR 240/MWh)
Cyprus Biogas 1,19 EUR 5.5 million "IRR of 15-17%
Payback period of 5-6 years" Feedstock identified (waste), all permits acquired Contact with owners FiT of 145 EUR/MWh (retail electricity price EUR 240/MWh)
Cyprus Biogas 1,413 EUR 6.5 million "IRR of 15-17%
Payback period of 5-6 years" Feedstock identified (waste), all permits acquired Contact with owners FiT of 145 EUR/MWh (retail electricity price EUR 240/MWh)
Cyprus Biogas 1,413 EUR 6.5 million "IRR of 15-17%
Payback period of 5-6 years" Feedstock identified (waste), all permits acquired Contact with owners FiT of 145 EUR/MWh (retail electricity p
