
Agios Theodoros Solar Parkwith Battery Storage
Utility-scale solar PV with integrated BESS • Merchant DAM exposure • Strong leveraged equity returns
Investor pack — indicative materials only; not an offer to sell securities.
Solar PV System
Battery Energy Storage
- • Evening peak dispatch (~€183/MWh ref.)
- • Hybrid solar + BESS revenue stack on merchant DAM
- • Grid services and future market upside
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
Connection terms pending
Major permits in place — confirm formal EAC grid connection terms in diligence before close.
Integrated BESS
4-hour integrated BESS — 3,025 MWh/yr indicative discharge at evening peak prices (TSOC DAM sample). BESS revenue Y1 ~€554k.
Premium Technology
680W bifacial TopCon, fixed tilt 25° south, white albedo ground (bifacial gain +11%) — delivering 2,150 kWh/kWp specific yield.
Strong Returns
Leveraged equity IRR ~16-20% — merchant DAM and hybrid dispatch model with upside from rising peak prices. Full derivation in Excel Revenue_Model sheet.
Single Operator
Lighthief handles EPC, BESS integration, and long-term O&M - one experienced partner.
De-risked Investment
RTB status, integrated BESS, and DSCR above 3.0x provides a de-risked investment profile.
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, Cyprus