Asset Class
Why Solar Infrastructure?
Solar projects offer a unique combination of contracted cash flows, hard asset backing, and ESG alignment that institutional investors increasingly demand.
Predictable Cash Flows
Long-term PPAs (10-25 years) with fixed/escalating tariffs provide revenue visibility unmatched by most asset classes.
Inflation-Protected Returns
Tariff escalation clauses (2-3% annually) built into PPAs provide natural hedge against inflation.
Tax Efficiency
40% accelerated depreciation in Year 1 significantly reduces effective cost and enhances post-tax returns.
ESG Alignment
Direct contribution to decarbonization. Measurable impact metrics for sustainability reporting and mandates.
Low Correlation
Solar returns driven by irradiance and contracts, not market cycles. True portfolio diversification benefit.
Hard Asset Backing
Physical infrastructure with 25+ year life. Tangible collateral value even in distress scenarios.
Investment Routes
Choose Your Model
Three distinct investment structures to match your risk appetite, return expectations, and investment horizon.
Commercial PPAs
C&I Offtakers
Investments in solar projects with corporate and industrial offtakers. Bank guarantees and LCs secure payments.
Project IRR
12-14%
Equity IRR
16-20%
DSCR
1.3-1.5x
Tenure
15-25 yrs
Utility & DISCOM PPAs
Government-Backed
Investments in projects with state utilities. Sovereign-grade counterparty with long-term tariff visibility.
Project IRR
10-12%
Equity IRR
14-16%
DSCR
1.4-1.6x
Tenure
20-25 yrs
Group Captive
Equity Participation
Co-invest alongside industrial consumers. Enhanced returns via equity structure with CSS exemption benefits.
Project IRR
14-16%
Equity IRR
18-22%
DSCR
1.2-1.4x
Tenure
20-25 yrs
Return Enhancement
Leverage to Amplify Returns
Unleveraged Project IRR
12%
100% equity funded
Leveraged Equity IRR
18-20%
70:30 Debt:Equity
70:30
Typical D:E Ratio
10-11%
Cost of Debt
15-18 yrs
Loan Tenure
Project financing from our lender panel (PFC, REC, IREDA, private banks) at competitive rates. Interest expense provides additional tax shield.
Risk Mitigation
How We Secure Your Returns
Contractual
- Long-term PPAs (10-25 years)
- Take-or-pay obligations
- Tariff escalation clauses
- Change-in-law protection
- Force majeure provisions
Payment Security
- Letter of Credit (2-3 months)
- Bank Guarantee
- Escrow mechanism
- Parent company guarantee
- DSRA (6 months)
Insurance
- All-risk property insurance
- Business interruption
- Loss of profit
- Third-party liability
- Political risk (if applicable)
Operational
- Performance Ratio guarantee (80%+)
- Availability guarantee (99%+)
- O&M cost caps
- Equipment warranties
- Technology bankability
Institutional Standards
Complete Due Diligence Package
We provide comprehensive documentation meeting the standards expected by institutional investors and lenders.
Technical DD
- Independent Engineer (IE) report
- Energy yield assessment (P50/P90)
- Equipment qualification reports
- Grid connectivity confirmation
- Performance modeling
Legal DD
- Title opinion (30-year search)
- Contract review (PPA, EPC, O&M)
- Permit status verification
- Encumbrance certificate
- Corporate documentation
Financial DD
- Auditable financial model
- Sensitivity analysis
- Scenario modeling
- Bankability opinion
- Tax structuring review
Commercial DD
- Offtaker credit assessment
- Market tariff comparison
- Regulatory risk analysis
- Counterparty due diligence
- Contract benchmarking
End-to-End Support
How Soleos Guides Your Investment
Deal Sourcing
Access to proprietary pipeline of shovel-ready projects across India and emerging markets.
Structuring
SPV formation, shareholder agreements, financing arrangement, and tax optimization.
Execution
End-to-end project delivery through our integrated develop-build-manage platform.
Monitoring
Real-time portal access, monthly MIS, performance tracking, and covenant compliance.
Exit Advisory
Asset valuation, data room preparation, buyer identification, and transaction support.
Liquidity
Exit Routes & Support
We support your exit whenever you're ready — post-COD or during operations. Multiple pathways depending on timing and market conditions.
| Timeline | Exit Route | Typical Terms |
|---|---|---|
| COD + 0-12m | Strategic sale to infra funds | Premium for stabilized asset |
| COD + 1-3y | Secondary market transaction | Based on operational track record |
| COD + 3-5y | Portfolio aggregation | Refinancing + partial exit |
| COD + 5y+ | Asset recycling | Sale to long-term yield investors |
Asset Valuation
Independent valuation reports
Buyer Network
Access to infra funds, FIs, strategics
Transaction Support
Data room, negotiation, transition
Who We Serve
Purpose-Built for Institutional Investors
HNIs
₹10 Lakhs - ₹50 Crores
Diversification, tax efficiency, stable income
AIFs
₹50 Crores+
Structured returns, governance, scalability
RE Funds
Specialized Vehicles
Asset quality, pipeline access, co-investment
Corporates
Strategic + Financial
ESG credits, depreciation, revenue diversification