Zero cost or capital contribution. Electricity prices from the PV Solar systems set for 20 years. Zero operation and maintenance costs.
$20 million
Green Bonds
10 MW
PV Solar since 2017
12 MW +
PV Solar
20 Years
Power Purchase Agreement (PPA)
Explore The Benefits
Part ownership in a valuable company at no cost. Proven model that can be deployed quickly. Effective use of rooftops to generate value.
Verifiable energy efficiency and greenhouse gas reduction. Improvement on global ESG rating index. Positive PR and positive CSR.
PV Solar Model
Funding, design, install and operate PV Solar projects at Partner sites at no cost to our
Partners using a proven model with internationally certifications and verifiable CO² emissions reductions.
Fund, Design, Install
Our installations are funded by issuing green bonds to build PV Solar at Partners locations.
Operate with PPA
We operate the installation selling electricity back to the Partners with 20 year Power Purchase Agreement (PPA).
Ownership, Dividend Green Certification
Joint venture with a proven model that maximizes your return on investment.
Our proven model maximizes your return on investment:
1. Delivery
Issued over $54m of green bonds, funding and developing 10 MW of PV Solar since 2017 through Parent company Williams Caribbean. A further 12MW in development for 2021.
2. Operation
15-20 year Power Purchase Agreement (PPA) and Lease Partner electricity price will not be greater than current rates for 20 years.
3. Return
Partner offered part ownership in company with dividend policy with buy out option of the PV Solar for the Partner.
Solar PPA Advantages
- Zero cost or capital contribution
- Flexible open model with WCC meeting Partners needs
- Annual CO² emissions offset verified by Sustainalytics
- Improvement for Partners on global ESG rating index
- Positive PR and positive CSR
- Effective use of rooftops
- Zero operation and maintenance costs
- Electricity prices from the PV Solar systems set for tenor of lease
- Part ownership in a valuable company at no cost
- Proven model that can be deployed quickly
- Control for Partners with buy-out option of the PV Solar systems
- Build with Tier 1 equipment supplier to withstand hurricanes
Examples
Example: 101 kW PV Solar system
Partner: Irish Flexible Packaging, Wicklow Ireland
Area: Rooftop Area Requirement: 600 m²
Orientation: East West Following building profile.
Technical: 273 Trina Solar panels @ 370 W each, mounted on the roof as shown in figure, with a Huawei Inverter located external of the building on the South wall.
Output: This system is forecast to generate 86,327 kWh per annum, saving over 32 tonnes of CO² to atmosphere
Timeframe: The project programme to complete the works is 6 months inclusive of planning permission.
Returns Excluding grants and tax benefits, simple return on investment of less than 8 years.
101 kW planned at Irish Flexible Packaging site in Wicklow, Ireland
Why Choose Viridi
Strong Economics
20 year Power Purchase Agreement (PPA) and Lease Partner electricity price fixed.
Return On Investment
Partner offered part ownership in company with dividend. Buy out option of the PV Sola assets.
Green Certification
20 year Power Purchase Agreement (PPA) and Lease Partner electricity price will not be greater than current market rates.
Power to Deliver
The 3 companies WCC, Fingleton White and PRG Power have combined their
expertise to form a new Energy Supply Company called Viridi Energy Limited.
Viridi manage all aspects of Viridi Energy, including fund raising, PV Solar systems design and optimisation, PV Solar construction,
maintenance, operation and reporting. Highly experienced energy sector executive Ciaran McManus as CEO.
3 MW rooftops and ground mount
1 MW rooftops
1 MW rooftops
Our Team
Operations Director
@ Georgia Renewable Power
Director Carrington Power Plant
@ ESB Ireland
MSC Business Smurfits & B.Eng UCD
MD and co-Founder WCC
Honorary Consul from Jamaica to Ireland,
Chairman IFPIL and SCG Growth Partners,
Former Digicel CEO
Chartered Director & B.Eng UCC
Former Senior Commercial Manager Vodafone Ireland
Former Chief Procurement Officer
at Digicel Group
CEO of WCC Jamaica
Co-Founder of WCC
Director General Accident Insurance PLC
Former Digicel Barbados and Regional CFO
Former Big Four Audit Manager,
Fellow Chartered Accountant.
CEO PRG Energy
Former MD Ireland Designer Group,
Former manager Dublin football team
Former Ireland Director Veolia
B.Eng TCD
COO Fingleton White
Former Senior Engineer Agilent
B.Eng UCD
Green Certification
