Construction period (FID to COD) 18 months
Project lifespan 30 years
Project size 75 MW
Capacity Factor c.38%
CAPEX c.£1.8m/MW
% of CAPEX subject to depreciation 75%
CfD duration 20 years
CfD strike price c.£77/MWh
Merchant price post CfD c.£32/MWh
Total operating cost £68k/MW/per annum
Consumer Price Index 2.0% p.a.
Corporate tax 25%

Project debt assumptions

(for alternative scenario in previous section)

Item Assumptions
Gearing 70%
Debt tenor 15 years
Total interest cost 6.50%
Debt repayment Sculpted amortisation profile

Community investment assumptions

Item Assumptions
Community administrative cost £25k per annum
To manage the investment (audit, etc.)
Debt repayment Fixed annuity
Community debt tenor 10 to 15 years
Community debt interest cost 8.00%