A
financial
model
has
been
developed
for
the
Project
with
a
projected
Equity
Internal
Rate
of
Return
(“IRR”)
target
of
14.5%
-
this
is
based on the assumptions as outlined below.
As
part
of
the
initial
financial
modelling
of
the
Project,
it
is
being
assumed
that
Single
Axis
Trackers
(“SAT”)
are
used
in
order
to
maximise
the
yield
of
the
PV
modules.
However,
depending
on
the
results
of
the
studies
referenced
above,
and
the
final
engineered
design
of
the
Project
by
the
appointed
EPC
contractor,
it
may
be
a
requirement
for
additional
land
above
that
currently secured.
