Post on 27-Mar-2020
The marketplace for PV-Assets
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Status Quo
Expected average returns on investment in new German PV-installations:
Source: Gold.de; SEMI PV-Group pvgroup.org/node/2496
Secondary PV-market
The Fairy Tale of 20+ years investments Various reasons might make it interesting to liquidate long-term pv investments:
Private Sector § Tax
§ Divorce
§ Transfer of property
§ Liquidity needs
§ Financial restructuring
Commercial Sector § Financial restructuring
§ Creation of liquidity
§ Termination of Funds
§ Non performing assets
§ Asset picking / Portfolio building
§ Selling to lower expected return
investors
For Sale
§ „Old“ FiT - tariffs
§ Reduced construction risk / Existing track record
§ Interesting risk / return profile
§ Transfer of existent debt financing
§ Repowering / optimization
§ Low risk of “children's disease”
= PV interesting Asset
Advantages secondary PV-investments
*Source: EPIA 2012, Global Market Outlook until 2016
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
European cumulative scenarios until 2016 - Moderate and Policy-Driven (MW)
Historical Daten EPIA-Moderate EPIA-Policy Driven
PV Installations in EU
*Source: EPIA 2012, Global Market Outlook until 2016 / Own Calculation
Secondary Market EU
-‐ €
1,000,000,000 €
2,000,000,000 €
3,000,000,000 €
4,000,000,000 €
5,000,000,000 €
6,000,000,000 €
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Poten,al secondary market Europe // Average price 1.500€
1,5% 2,0% 2,5% 3,0% 3,5%
§ Worldwide PV Marketplace
§ About 1 GWp for commercialization (on Milk the Sun platform + UtilityScaleNetwork.com)
§ Worldwide project base on Milk the Sun : EU, USA, Canada, India, Japan, Australia. Latin America
§ Investor base from more than 40 countries
§ Investors: Investment asset identification and pre-screening
§ Sellers: Market test without actually going on the market
§ => Liquid trading solution for Sellers and Investors in the PV Marketplace
Highlights Milk the Sun