Services
Our business is fairly simple. We enter into negotiations with each country to better understand the challenges they face and the outcome they wish to achieve. We employ a standard template for the power purchase agreement under the World Bank Model for Public Private Partnerships.
Once agreements are signed then we either build power systems using “equity” investment from either the government partner or our equity investors along with institutional or bank financing to fill any gap remaining in the build cost. We order components from our partner companies and begin construction operations. The host country is responsible for providing all grid interconnections, land, environmental approvals, immigration visa’s & waivers, as well as dealing with any tax or liability issues. Once commissioned and constructed the power system goes into operation under the rules and rates of the PPA (power purchase agreement) and AstralENERGY™ its equity partners and the Government divide the profits of the sale of power after the operations, maintenance, upgrades, cost of living allowance and inflation are calculated. AstralENERGY™ and its partners are tax exempt under this arrangement but, a significant amount of money is kept in country through construction jobs, operations, maintenance, management and ongoing operations.
The key focus of our approach is that the country benefits heavily through economic growth, our shareholders and equity partners benefit from long term residual income, and we as a company continue to grow and innovate to become the best solution worldwide for baseload power created by renewables. Other growth opportunities are included in our Master Joint Venture signed with each of our host Nations, but this presentation focuses mainly on power and infrastructure.