The development and consolidation of new remuneration schemes has become essential due to low public support and constant regulatory changes within the renewable energy sector. These remuneration systems ensure projects' long-term profitability at a fixed price, in order to allow financing/bankability of projects. In this context, Power Purchase Agreements (PPAs) between private parties are growing in importance. Despite they are barely known in Spain, this kind of product is quite consolidated in other worldwide markets.
In this context, Vector Cuatro launches a new specially designed service intended to provide assistance in structuring, negotiating and closing PPAs, thanks to a competitive advantage, deep knowledge of this type of product and the preferential access to relevant counterparties interested in such agreements all over Europe.
Vector Cuatro relies on a technical and financial high specialized team and has signed a cooperation agreement with Our New Energy, a company with a long track record in closing PPAs worldwide. Thus, Vector Cuatro reinforces its expertise and knowledge "in house" for the provision of these services. The company participates actively in the structuring and negotiating of conditions between counterparties and in the final closure of contracts.
This new Vector Cuatro's service complements the existing ones within the Transactions business line: Design and Closing of financing structures, advice on Acquisitions and Divestment of assets and Financial Modelling. As far as the rest of service lines concerned, Vector Cuatro exceeds 16 GW of track record in technical advisory services and has more than 1.7GW of operational farms under management with offices across 9 countries.