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+34 910 886 320 info@ric.energy
Paseo de la Castellana 140, 7ºC 28046 Madrid, Spain

Partner Development

PARTNER US

JOIN & CO-DEVELOP WITH US - VALUE CREATION & VALUE SHARING

We are constantly evaluating partnerships; in all our engagements and geographies of operation. If you are interested in renewable energy project development and if you believe you have the required acumen to drive a renewable energy project in your local geography, we would love to hear from you. We have always believed that growing and sharing should always in sync and we are committed to this.

In our markets of interest we are looking for local partners. Please evaluate the our business model below and reach out to us for a an enriching and value creating partnership.

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We as a solar PV project developer

We are a pure play renewable energy project developer and carry experience of complete project development cycle. We have the experience of initiating a project development cycle from scratch and taking it all the way to its development, construction and operation. Our project development experience involves working with a variety of local partners - effective local partnership ensures effective project develop with optimal results and minimal time. We consider working with local partners under a mutual win-win framework under a risk and reward formula.

What we bring to table

Most importantly we bring the risk capital to take the project off the ground. Markets where we decide to make a presence usually follows an internal in house assessment of the risk framework and the policy structure. Once we decide on a market we are willing to bring in our risk capital and make necessary equity investment to develop the project and take it to commissioning and operation stage. We have the ability to structure the project to ensure financial closure - in a way we also commit to the complete financial closure of projects we decide to take.

Key Expectations from local partner

When we look to partner we expect our local partner to have complete understanding of the local policies applicable to renewable projects. Besides, an understanding of the eco-system for identification of project sites / land parcels is critical. It is imperative that our local partner should be willing to co-operate on ensuring necessary approvals required for the project - liaison effort with several departments is key project development. One of the most critical aspect for project development is to secure a bankable PPA with the project off taker. We work closely with our local partner in negotiating and securing a Power Purchase Agreement with the concerned procurer / utility.

What we offer our local partners

A combination of success linked fees and a portion of sweat equity is offered to our partners for complete project development. This is a win-win structure for project developer and our local partner

How to associate and reach out to us

Local partners who are desirous to work with us should write in to us at info@ric.energy. Alternatively, they can use the form in the contact us section to submit their interest. Our corporate projects team will reach out to them immediately.