Agios Ioannis Malountas Solar Parks (10.4 MWp)
Investor pack — indicative materials only; not an offer to sell securities.
Permits and licensing
CERA production licences (extended to 31/12/2029) · Town planning permits issued · Building permits issued · Environmental approval (Dept of Environment) · Land leases valid to 2051 · EAC preliminary grid terms issued · ⚠ TSO confirmed no area grid capacity (Jan 2023); area substation upgrade in progress by EAC/TSO (est. completion Q4 2026)
Grid and timeline
Preliminary DSO refs issued (400387217–400387472). TSO confirmed no area grid capacity (Jan 2023). EAC/TSO area substation upgrade in progress — est. completion Q4 2026. Final binding terms not yet issued.
Target COD 2027/2028 — subject to EAC final grid connection terms (preliminary terms issued)
Technical summary
Indicative economics
Illustrative only — not an offer. Review the investor teaser and your advisers.
| Item | Indicative (€) |
|---|---|
| RTB acquisition (seller asking) | €400,000 |
| PV EPC | €7,488,000 |
| BESS EPC | €2,540,000 |
| Total indicative stack | €10,428,000 |
| Year-1 gross energy revenue (model) | €2,151,380 |
| Year-1 OPEX (indicative) | €302,540 |
4 contiguous plots; single grid connection point. BESS sized for 50% curtailment profile. EAC final connection terms required before financial close. Materials are indicative and confidential. Last reviewed: 2026-05-09. Lighthief Cyprus Ltd (HE 477423) — solarfarms.cy