OPEN
150 Kwp Solar PPA at Waris Mall
Waris Mall, Ruai – Nairobi
150 kWp System
This project is structured as a Special Purpose Vehicle (SPV) designed to provide clean energy to Waris Mall while offering secure returns to investors through an escrow mechanism. The project is divided into three development phases of 50 kWp each.
Financial & Revenue Model
Electricity Sale PriceKSh 18 per kWh
O&M Costs5% of annual revenue
Annual Net RevenueKSh 27,360 per unit
Total 20-Year Net ReturnKSh 547,200 per unit
PPA Duration20 Years
Min Investment Unit1 Unit (40,000)
Escrow Account Structure for investor protection
Automatic allocation for O&M and pro-rata payouts
Phase 1 (50 kWp) investor onboarding underway
Secure returns through PPA agreement
Key Performance
Target IRR
18–20%
Payback
1.5 Years
Duration
20 Years
Annual Yield
~1,600 kWh per 1 kWp
Unit Cost
KES 40,000
Status
OPEN
Secure payments via Escrow Account Structure
Investor Protection
Guaranteed Security
All revenues are managed via an Escrow Account Structure, ensuring automatic allocation for O&M and pro-rata investor payouts.
- SPV Structure
- 20-Year PPA Agreement
- Fully Insured Infrastructure