Henosis Developments
Vanuatu

Power Purchase Agreements

Funding of PPAs. Long term contracted offtake against new clean generation, in a country that currently burns imported diesel to keep the lights on.

The project

Vanuatu runs a significant part of its grid on imported diesel. Every litre arrives by ship, the price moves with a market the country has no influence over, and the cost lands on households and small businesses that can least absorb it.

A power purchase agreement is the instrument that fixes this. New clean generation gets built against a long term contract to buy the power it produces, which is what makes the generation financeable in the first place. The country gets energy that is cleaner and priced predictably. The capital gets contracted, long dated cash flow.

It is the least romantic project we are in and one of the most durable. The agreement is the asset, and it runs for decades.

What the capital is for
  • Funding against contracted offtake
  • New generation and the connection works
  • The development cost of getting agreements to signature
Data room

Request access to the Power Purchase Agreements data room.

The numbers, the structure and the documents sit behind a person rather than a link. Tell us who you are and we will open it.

Registering interest is not an application, an offer, or a solicitation to buy securities, and nothing on this page is financial advice. It starts a conversation.