Project sold · Intermediated by Solmeria

Rigel

Lot-et-Garonne (47) · Ground-mounted PV (former quarry)

A small degraded quarry, pooled to become a real project.

Capacity
1 MWc
Surface
0.8 ha
Stage
Early stage
Securing
Lease promise
The deal

Rigel

A former limestone quarry, worked for decades, in southwest France: a degraded ~0.8 ha fenced plot. On its own, the site is too small to interest a developer.

The strength of the deal: pooling it with a neighbouring project to reach a relevant size and a coherent grid connection. A bundling logic the marketplace makes possible. The land is secured by a lease promise.

Solmeria intermediated the sale, with an amount paid as soon as the site was selected, then milestones through to the cleared permits.

Deal structure

  1. 1Site selected (land secured)Upfront
  2. 2Project in development
  3. 3Admissible application filed
  4. 4Permits obtained and cleared

Precise location, price and counterparties remain confidential.

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Solmeria intermediates the sale, project by project, with no retainer.

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