Investment Highlights of SUPEREIF

  • Long-term non-firm power purchase agreements with PEA and MEA for electricity sale
  • All 19 solar power plants are located in areas with good solar radiation intensity.
  • Diversified locations help reduce risks from uncontrollable factors such as severe flooding
  • The operations of 19 solar power plants since commercial opening have been well above theoretical estimates.
  • Electricity purchasers are reliable and have stable financial position.
  • The operation & maintenance operator and spare part provider have experience and expertise.
  • The quality of the main equipment used is in accordance with the standard of solar power business.
  • Arrangement of quality inspection and appropriate reserve level of machinery and equipment for solar power plants.
  • Most of the costs in managing the power plants were clearly determined in accordance with related contracts and/or structured as lump-sum expenses to reduce the fluctuation of Net Revenue.
  • Long-term borrowing helps manage the financial structure and increase the return of the unitholders compares with raising funds from the unitholders in full.
  • SUPER will maintain a shareholding portion not less than 20% of the total number of investment units issued and offered for the first time until the full term of 12 years from the Investment Closing Date of the Fund.
  • 17AYH and HPM receive tax incentives from BOI for all 19 solar power plant projects. The corporate income taxes from the power plant operation are part of the expenses that will be transferred to the Fund under the Net Revenue Transfer Agreement.