THERMOTEC-ECO sp. z o.o. is developing an energy complex in Czerwionka-Leszczyny, Poland, designed to generate electricity and heat.
Gate Fee, electricity sales and heat supply.
Negotiations are currently underway with Spółka Restrukturyzacji Kopalń S.A. (SRK) regarding a 1.5 ha site.
CAPEX excluding VAT
planned commissioning
IRR
TRIPLE-REVENUE MODEL
Annual electricity generation: 25,875 MWh. Electricity is planned to be sold under an agreement with an energy trading company or other electricity offtaker.
Estimated revenue:
Annual heat generation: 79,380 GJ. Heat is planned to be supplied to local consumers and to the municipal district heating network.
Estimated revenue:
Planned annual RDF intake based on a Gate Fee of €80 per tonne.
Estimated revenue:
The figures are based on the current financial model and are subject to verification and confirmation as part of the Due Diligence process.
11,2–14,84%
The project's basic yield is approximately 11.2%. The target scenario of up to 14.84% takes into account possible revenues from the Polish capacity market. Such payments are subject to successful qualification, participation in the auction and conclusion of the relevant contracts - they are not included as an unconditional guarantee.
PROJECT SCOPE
THERMOTEC-ECO sp. z o.o. is developing an energy complex in Czerwionka-Leszczyny, Poland.
The production of syngas will be based on an innovative, advanced flameless RDF gasification technology.
The project is designed for the energy recovery of the high-calorific fraction of waste
and will be developed in accordance with applicable EU requirements and Best Available Techniques (BAT).
Compliance with the applicable requirements will be confirmed through the relevant permitting procedures and
technical audits.
The investment model provides for direct participation in the share capital of the Polish
company.
Investor rights and exit terms will be defined in the relevant corporate and investment documentation.
The project involves the construction of a high-tech energy complex Waste-to-Energy. The process is based on innovative flameless gasification technology. solid secondary fuel RDF with the production of synthesis gas and subsequent generation of electrical and thermal energy.
The project is currently at the capital-raising stage.
The Investment Memorandum, financial model
and technical and legal Due Diligence materials are available to qualified investors upon request.
The information below reflects the current status of the project and does not present ongoing negotiations or preliminary agreements as completed transactions.
| 01 | 1.5 ha SiteThe site has been selected. Negotiations with Spółka Restrukturyzacji Kopalń S.A. (SRK) are currently underway. |
| 02 | Preliminary AgreementsDocuments have been executed relating to RDF supply, energy sales, engineering and general contracting. |
| 03 | Financial and Technical PreparationProject documentation has been prepared for discussions with potential investors and for the Due Diligence process. |
| 04 | Implementation Schedule/h4>Up to 16 months following financial close. Target commissioning of the facility: 2028. |
FINANCIAL HIGHLIGHTS
CAPEX
€29.2 millionexcluding VAT
Revenue
~€7.26 millionper year, base-case scenario
OPEX
€2.825 millionper year
IRR
11,2–14,84%base-case / target scenario
NPV
€15.11–20.18 millionat an 8% WACC
Payback Period
5.9–6.5 yearsestimated period
Capacity market revenues are included only in the target scenario.
PSE is the operator of the Polish capacity market. Electricity will be sold separately
under an agreement with an offtaker or energy trader.
The project will create local demand for services, logistics and engineering expertise while providing an additional source of electricity and heat.
40+
permanent jobs
100+
jobs during the construction phase
A Polish limited liability company.
The Investor Acquires Equity Interests, Not Shares in a Joint-Stock Company
The investor becomes a shareholder/member of the Polish limited liability company through the
acquisition or subscription of equity interests (udziały).
The investor’s participation in the company’s share capital and the associated corporate rights will be formally documented.
A potential exit after five years is expected to be structured through a Put Option, providing the investor with the right to sell its equity interests to a pre-defined purchaser on terms agreed in the investment documentation.
The final transaction structure will be defined in the investment agreement following completion of legal, financial and technical Due Diligence.
Please provide your name and business email address. The form will prepare a message to the investment team, which you will be able to review before sending.