20.9MW Portfolio of Turkish Hydro Power Plants with Solar Extension Option

This listing presents a compelling opportunity to acquire a 20.9 MW portfolio of operational hydropower plants (HPPs) located in Turkey's Black Sea region. The portfolio offers significant advantages, including an attractive USD-denominated Feed-in Tariff (FiT) of $73/MWh guaranteed for 10 years, with an additional $23/MWh for local content utilization in equipment for the first five years. The plants feature a fully automated, manless design, enabling low operating expenditures and minimal labor costs. Joint operation ensures efficient production forecasting and zero balancing costs, thanks to a sales contract with an energy trader. Furthermore, the presence of dam reservoirs allows for additional revenue streams through active regulation services in cooperation with the Turkish water directorate. The portfolio also includes an option for a hybrid solar extension, up to 9.7 MWp, mitigating production risks related to hydrological conditions and benefiting from hybrid license FiTs. The seller is an experienced developer and operator committed to superior quality standards.