Solaris Renewable Energy Fund III
Funding Progress
Remaining
$25.00M
Min. Investment
$50K
Days Left
72
Overview
Solaris Renewable Energy Fund III targets utility-scale solar PV projects across Egypt, Saudi Arabia, and Jordan, capitalising on rapidly falling LCOE and strong government renewable mandates. The fund employs a build-operate-transfer model, generating returns through construction uplift, operational cash flows, and strategic asset sales.
Key Highlights
- Build-operate-transfer model across 3 MENA markets
- Pipeline of 6 projects totalling 520 MW
- Offtake secured with sovereign-backed utilities
- Construction risk mitigated by EPC wrap with liquidated damages
- Aligned with Saudi Vision 2030 and Egypt's 42% renewables target
Key Metrics
Target IRR
13.1%
Net of fees
Tenor
7 Years
With extension
Pipeline
520 MW
6 projects
Markets
3
EG, SA, JO
LCOE
$18/MWh
Blended estimate
Status
Pre-launch
KYC required
Use of Proceeds
Documents
Teaser / Executive Summary
PDF · 2.1 MB · 2026-07-01
Pipeline Overview
PDF · 3.3 MB · 2026-07-01
Omar Al-Farsi
Project Director
Biography
Omar is an experienced investment professional with over 10 years in alternative assets and private markets across the GCC. He oversees all operational, financial, and investor relations aspects of this campaign, ensuring compliance with regulatory requirements and delivering transparent reporting to investors.
Credentials & Qualifications
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Issuer Profile
Risk & Compliance
Campaign Timeline
Offering Launch
2026-08-22
First Close (40%)
2026-10-15
Hard Close
2026-11-03
First Project Drawdown
2026-12-01
Ready to invest?
Min. investment: $50K