Obton Limited is a joint venture between Shannon Energy and Obton A/S, formed to pursue solar project opportunities under the Renewable Energy Support Scheme (RESS) in Ireland. We will also seek suitable European projects that satisfy the Obton model for return on equity deployed.
Our objective is to purchase, build and operate 1,000 MW of solar projects over the coming years. The first projects of c. 50 MW are now in operation in Ireland with a further 50 MW under construction for operation in 2025.
Obton has been part of the solar PV business for more than 10 years. This means that we have accumulated unique knowledge about the many processes that belong to development, investment, financing and operation of solar PV systems parks.
We have completed more than 160 deals resulting in over 600 PV projects, and the experience gained from each project has made us a flexible organisation that is capable of implementing a variety of different project types.
We respect that every contract, agreement and construction is unique, so we use our flexible toolbox to find the solutions that are exactly right for all stakeholders in any given case.
That is what making the difficult simple is all about.
DEVELOPMENT
Obton is a first-mover in the development of projects. Obton typically secures the project rights through bidding rounds conducted by national governments or in connection with a sales process. Obton supervises the project; collecting bids and concluding agreements with subcontractors and suppliers. A contract is also concluded with an experienced contractor to guarantee professional and timely project execution.
We are constantly looking for interesting projects that can be included in our portfolio. We regularly screen options and new offers applying our standard investment model to test whether a project is interesting to pursue.
EARLY FINANCE
In this phase, Obton typically enters into a partnership with a developer in need of the necessary starting capital for the construction of a solar PV system or wind turbine. Obton contributes as a capital investor and takes over ownership of the project upon satisfactory completion.
TURNKEY
Turnkey projects involve the purchase of solar or wind projects that Obton takes over immediately after the completion of the project. Obton’s streamlined and flexible organisational structure ensures a relatively rapid process of signing agreements with the seller of the project, and a binding project agreement can be concluded relatively quickly.
SECONDARY MARKET
Having an experienced team of specialists dedicated to the purchasement of assets within renewables, we offer our business partners an easy and short process from the initial contact to financial close. Our competencies and track record allow us to perform due diligence on promising assets in short time, ensuring an effective and satisfying process.
ASSETS
TOTAL MWp
ASSETS UNDER MANAGEMENT
EMPLOYEES
All Rights Reserved | Shannon Energy