Financial snapshot
Capital structure • financial performance • revenue visibility • development timeline
€52.1M
Total project cost
€17.1M
Equity
€35.0M
Senior debt
€5.0M
Equity invested
€8.8M
Capital grant approved by GSE
Financial performance
23.9%
Project IRR
2.23x
Minimum DSCR
2.70x
Average DSCR
€8.1M
15-year average NCF
€13.5M
15-year average EBITDA
Capital structure
● Equity • ● Senior debt
Revenue visibility & support
15 years
GSE support awarded October 2024
€247.6M
Operational incentive value
€261.2M
Projected offtake value
€13.6M
Premium under offtake
100% of biomethane output contracted for the first 15 operational years.
Development timeline
1 January 2027
Expected start of construction
Q1 2028
Expected start of production
Early Q3 2028
Expected full production
5 June 2028
Deadline to inject the first molecule of gas