OPEN
200 kWp Solar Lease-to-Own at Waris Mall
Waris Mall, Ruai – Nairobi
200 kWp System
This project is structured as a Special Purpose Vehicle (SPV) to provide 'Behind-the-Meter' Solar energy and Smart Energy Management Services (metering, billing, and optimization) to Waris Mall. The 200 kWp installation is divided into four development phases of 50 kWp each, operating under a 15-year Lease-to-Own (LTO) agreement.
Financial & Revenue Model
Investment Return Rate / kWhKSh 12 per kWh
O&M Costs3% Management Fee
Annual Net RevenueKSh 19,200 per unit
Total 15-Year Net ReturnKSh 288,000 per unit
LTO Duration15 Years
Min Investment Unit1 Unit (45,000)
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 LTO agreement
Integrated Smart Metering & Energy Management Services
Behind-the-Meter installation for mall tenants
SPV Group Structure
Silverhub Electrical Engineers
Technical Partner & EPC
EPRA/SPVC/01979 | PVT-AAAAAA1
Waris Mall Limited
Facility Owner (Client)
Ruai Commercial Site
Investment SPV Unit Holders
Capital Partners
200 kWp Asset Ownership
Management Trustees
Compliance & Governance
Escrow & Payout Oversight
Key Performance
Target IRR
18–20%
Payback
1.5 Years
Duration
15 Years
Annual Yield
~1,600 kWh per 1 kWp
Unit Cost
KES 45,000
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
- 15-Year LTO Agreement
- Fully Insured Infrastructure