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Asset Purchase Price

The Asset Purchase Price corresponds to the facility value of the Production Units. There are no Transaction Costs, Reserve Accounts and Net Current Assets (Methods of Payment) included. The Asset Purchase Price corresponds to the Purchase Price of all facilities at fair value at transaction date. So the price has not to be mistaken as the Balance Sheet total of the project company. The Residual Capex is derived from the Asset Purchase Price as all Capex costs with Included in Asset Purchase Price = yes are subtracted.

Input FieldDescriptionUnitPresetting

Transaction Date

Date of the transaction, which can be entered up to a month precise.

The entered month refers to the first day of the selected month (inclusive) respectively the last day of the previous month (exclusive). For example: A transaction date 01 / 2015 means the balance sheet is transferred on the 12.31.2014 (exclusive), respective is owned by the buyer from 01.01.2015 (inclusive).

The financial model and the connected financial ratios (for example IRR calculations) starts on the transaction date. There are several calculations (for example the production start, Capex and debt issuance) that can be entered before the transaction date and which are calculated referred to the transaction date (compare Value at Transaction).

Month and Year

Actual month and year

Asset Purchase Price

Asset Purchase Price input in  Currency or in Currency / kW or in Currency / MW.Currency0

Hurdle Rate

The hurdle rate builds the threshold value for several calculations and graphs, for example for the net present value at transaction date.

The hurdle rate input is in reference to the Cashflow to Equity and therefore as Equity IRR.

Percent0%

Equity Drawdown Mode

The following Equity Drawdown modes are available:

Drawdown as Needed

Equity is invested when it's needed for Cash Out positions.

Full Drawdown at Transaction (Equity First)

Complete Equity is invested at Transaction.

SelectionDrawdown as Needed

Liquidity Funding at Transaction

A Liquidity Funding at Transaction can prevent a liquidity gap at the beginning of the project lifetime. The input value is invested in addition to the Asset Purchase Price in form of liquid assets. These liquid assets can cover Opex costs which occur before the Transaction Date for example.

Currency0