
Agios Theodoros Solar Parkwith Battery Storage
Utility-scale solar PV with integrated BESS • Merchant market exposure • Zero curtailment risk
Solar PV System
Battery Energy Storage
- • Curtailment elimination
- • Curtailment recovery at peak prices (€183/MWh avg evening peak, €158/MWh per discharge at 86.32% AC-AC RTE)
- • Grid stabilization revenue potential
Financial Structure
Conservative assumptions with strong leveraged returns
Capital Expenditure
Financing Structure
Revenue & Returns
Investment Options
Flexible equity participation suitable for private investors, family offices, and strategic energy investors
25%
Equity Stake
50%
Equity Stake
75%
Equity Stake
Why This Project
Ready to Build
All permits secured. Construction can begin immediately upon closing.
Integrated BESS
4-hour battery storage eliminates curtailment risk via curtailment recovery — storing wasted solar and discharging at €183/MWh evening peak prices.
Premium Technology
Bifacial TopCon PV modules, south-facing fixed-tilt, delivering 1,800 kWh/kWp specific yield.
Strong Returns
Leveraged equity IRR in the ~30% range with conservative assumptions.
Single Operator
Lighthief handles EPC, BESS integration, and long-term O&M - one experienced partner.
De-risked Investment
RTB status, BESS curtailment protection, and DSCR above 3.0x provides safety margin.
Delivery & Operations
Single experienced operator from construction to operations

Lighthief
Full-service solar developer & operator
EPC Contractor
Turnkey construction
BESS Integration
Energy Management System
Long-term O&M
Asset management
Interested in This Project?
Schedule a call to discuss investment options, review detailed financials, and understand the project timeline.
Reference: PARK-RTB-2026 | Agios Theodoros, Larnaca District