Agios Ioannis Malountas Solar Parks (10.4 MWp)
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Connection terms pending
Fully licensed (permits)
PARK-RTB-VAN-2026

Agios Ioannis Malountas Solar Parks (10.4 MWp)

Agios Ioannis Malountas, Nicosia District, Cyprus
10.4 MWp
Solar
20 MWh
BESS (4h)
~13–15%
Indic. IRR (equity)
€2,151,380
Y1 gross revenue (indic.)

Investor pack — indicative materials only; not an offer to sell securities.

Permits & 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 & 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

Solar technology
Fixed-tilt monofacial PV, 4 plots — 1.4 + 3.5 + 1.6 + 5.0 MWp
BESS
LFP, Tier-1 OEM, 4-hour duration, EN 50549-2
Annual production (indic.)
17,160 MWh/yr
Specific yield
1,650 kWh/kWp

Indicative economics

Illustrative only — not an offer. Review the investor teaser and your advisers.

ItemIndicative (€)
RTB acquisition (seller asking)€400,000
PV EPC€7,488,000
BESS EPC€2,540,000
Total indicative stack€10,428,000
Y1 gross energy revenue (model)€2,151,380
Y1 OPEX (indic.)€302,540

Materials are indicative and confidential. 4 contiguous plots; single grid connection point. BESS sized for 50% curtailment profile. EAC final connection terms required before financial close. Last reviewed: 2026-05-09. Lighthief Cyprus Ltd (HE 477423) — solarfarms.cy