GES ECUADOR
Utility-Scale Opportunity • Private Consortium Structuring in Ecuador

Solar Plant Cerro Atacazo 35MW

35.2 MWp (DC) photovoltaic project in Quito, Ecuador. Presented for the formation of an international consortium (Investor + EPC + National Operator) under a BOT model with a 25-year concession agreement (with option to negotiate extended duration).

Nominal Capacity

35.2 MWp DC / 30 MW AC

Concession Horizon

25 Years (+ Extension)

SNT Hosting Capacity

210 MW Available (N-1)

Investment Summary EPC Quote

$22,404,906 .55 USD

Total CAPEX (Tier 1 Equipment, 5km Line, Engineering & Freight).

  • Annual Grid Gen: 67.68 GWh / year
  • 25-Year Generation: 1.69 TWh Cumulative
  • Min LCOE (Santa Rosa): $66.67 USD / MWh
  • Land Location: Guamaní (3,638 m.a.s.l.)
  • Tax Benefits: 0% VAT & 0% Import Tariffs
Contact Consortium Promoter

1.69 TWh

25-Year Cumulative Gen

$112.8M

Levelized Energy Value (25Y)

53,824

Tier 1 665W Solar Modules

210 MW

Available Grid Capacity

Technical & Engineering Insights

Consolidated study data based on the Technical-Economic Feasibility Study (IT01-PFA-HEC-R0) conducted by HELP ENERGY CONSULTORES S.A.

Strategic Location & Topography

Located in Guamaní parish, Quito (Pichincha) at 3,638 m.a.s.l. The site covers 27.79 hectares with flat topography (average 1.4% slope), minimizing earthworks costs. High solar irradiance at high altitude combined with cool ambient temperatures optimizes module thermal efficiency.

Min Elevation Avg Elevation Max Elevation Avg Slope Max Slope
3,544 m 3,613 m 3,675 m 1.4 % (Excellent) 4.2 %
UTM Coordinates (Zone 17M): 768022.00 m E | 9961685.00 m S
Horizontal Irradiance (PVGIS): 1,982.38 kWh / m² / year
Peak Sun Hours (PSH): 5.44 PSH / day

Annual Temperature Curve (Guamaní)

Financial Projection & Model

25-Year Financial Model & Returns

Comprehensive financial metrics based on $22.4M CAPEX, $66.67/MWh LCOE baseline, and 25-year concession timeline in Ecuador.

Gross Annual Revenue (Y1)

$4.51M USD

67.68 GWh @ $66.67/MWh baseline

Estimated Payback

~5.8 Years

CAPEX amortization horizon

Estimated EBITDA Margin

~85 %

Low O&M structure & zero VAT

Projected 25Y IRR

~15.2 %

Unlevered equity return

Cumulative Cash Flow Projection vs CAPEX ($ USD)

Investment Highlights

The 25-year concession timeline provides predictable long-term cash flows backed by low OPEX requirements and strong regulatory protections under Ecuadorian energy laws.

Predictable 25-year revenue horizon with PPA agreement
0% VAT & 0% Import Tariff savings directly reduce initial equity need
100% additional tax depreciation deduction shields corporate income
PVSyst Simulation

Energy Balance & Loss Cascade

Accurate yield tracking from incident solar radiation (GHI) to AC grid injection.

1. Incident Radiation

1,953.58 kWh/m²

Base GHI. Spectral correction (-1.00%) & albedo gain (+1.34%).

2. STC Module Yield

73,232,501 kWh

Nominal output based on PERC bifacial efficiency (22.54%).

3. DC System Losses

68,831,227 kWh

Temp loss (-1.66%), weak light (-1.85%) & mismatch (-2.00%).

4. Injected AC Yield

67,676,987 kWh

Net annual energy injected to grid post central inverter conversion.

Operational Structure

BOT Model under 25-Year Concession

Designed to provide legal certainty and high return for the consortium over a 25-year extendable framework.

1. BUILD (Construction)

The Investor + EPC Consortium executes the turnkey installation ($22.4M CAPEX) under detailed engineering and supervision.

2. OPERATE (25 Years)

Continuous operation partnering with a qualified Ecuadorian National Operator for O&M, market dispatch with CENACE, and maintenance.

3. TRANSFER / Extension

Upon reaching the 25-year milestone, preferential negotiation options for additional time extension or asset transfer are triggered.

Project Promotion & Consortium

Consortium Promoter

Get in touch directly with the project presenter to access the technical Data Room and coordinate consortium structuring.

GES ECUADOR

Ofri Goldshtein

GES ECUADOR

We present this project as the promoter, facilitator, and creator of the consortium opportunity, bringing together international investment, EPC contractors, and a qualified National Operator in Ecuador.

25-year concession framework with negotiation clause for duration extension
Direct coordination for technical and commercial Data Room access