highlights
ACORDO LIST
Due to the fact that all projects on the Acordo List are guaranteed a grid connection offer by 2030, the origination team initially are only looking at projects with this accreditation.
RURAL/FLAT LAND
Due to the decrees of 2023 allowing for expedited environmental waivers to be sought for rural land, both for wind and solar, land far away from population centres and road networks is vital, with the added advantage that flat land is often windy and could be suitable for hosting turbines in addition to solar panels.
GOOD VALUE AND SEEKING INVESTMENT
The origination team want to purchase projects for as low a price as possible in order to maximise profit at point of sale.
They will also be attracted to projects seeking finance in order to move speedily to ready-to-build stage and willing to negotiate on price with investors.
PROJECT PROPOSAL SUBMITTED TO INVESTMENT COMMITTEE
The committee members will look into each proposal with a fine tooth comb and vote.
FUND MANAGER EXECUTES ON BEHALF OF THE FUND
If project is fully approved by the investment committee, Nuno Trindade will purchase shares in it on behalf of the New Frontiers fund.