Colombia's Largest Solar + BESS Project in Development

Energy, Storage
& Agrivoltaic
at Scale.

512 MWp of utility-scale solar, 228.6 MWh of battery storage, and 70 hectares of agrivoltaic production — designed to deliver certified firm energy to Colombia's National Interconnected System.

El Paso, Cesar · Colombia · COD January 2029
33.15%
Levered IRR
Equity · 30 years
$293.1M
Total CAPEX
$0.57M/MWp
112.13%
Dev. IRR
Exit 2030
$1,025M
Exit EV
EV/EBITDA 12×
Audited by ARAL Consultores · Model v6.1
Yingli Solar Sungrow HMV Ingenieros SOSING NextTracker
Parque solar utility-scale

512 MWp · El Paso, Cesar

920 hectares of clean-title land in Colombia's Caribbean region, engineered for maximum solar irradiation and agricultural integration.

📷 Referential image — representative of utility-scale solar installation at similar scale

Four pillars that define
an irreplaceable asset

HUB Las Cabezas is not a conventional solar farm. It is a hybrid energy-productive platform engineered for firm energy, agricultural integration, and institutional-grade bankability.

Solar Generation

512 MWp across 16 modular blocks using Yingli YL725CF66 bifacial N-Type panels and 6,800 NextTracker single-axis trackers. Production: 1,220 GWh/yr P50 · PR 90.92%.

BESS Storage

8 × Sungrow PowerTitan 3.0 ST28575 containers. 57.6 MW / 228.6 MWh LFP. DC-coupled for clipping recovery. ENFICC certification (CREG 101-002). RTE 89%.

Grid Connection

500 kV dedicated substation with two 200/250 MVA Siemens/ABB transformers. 19 km ACCC transmission line, 54 towers. UPME Res. 000207: 350 MWac assigned at La Loma node.

Land Title & Permits

920 Ha of clean title, free of liens and restitution claims. EIA filed with ANLA May 2026 (No. 20266200609612). Non-ethnicity certification (Res. ST-0191/2022). Zero FPIC risk.

512 MWp
Solar Capacity
228.6 MWh
BESS Storage
1,220 GWh
Annual P50 Output
90.92%
Performance Ratio
Solar panels aerial
512 MWp Solar Generation
High voltage substation
500 kV Grid Connection
Battery energy storage
228.6 MWh BESS Storage

📷 Referential images — representative of comparable infrastructure

Industrial-grade returns,
investment-grade bankability

Audited by ARAL Consultores. All checks pass to zero. Eligible for IFC/CAF/BID Invest senior debt at preferential terms.

Total CAPEX
$293.1M
$0.57M/MWp · All-in
Levered IRR
33.15%
Equity · 30 years
NPV (WACC 10%)
$392.8M
Value created
EBITDA Year 1
$83.9M
89% margin
LCOE All-in
$37.43
USD/MWh
DSCR Minimum
2.02×
Bank threshold: 1.25×
Exit EV (2030)
$1,025M
EV/EBITDA 12×
Developer IRR
112.13%
MoM 10.85× · 2026–2030
Capital Structure
Senior Debt (Loan A)$207.9M
Equity$97.6M
IDC (Construction interest)$12.5M
Loan A · 6.0% p.a. · 8-year tenor · 2-year grace period · Annual payment $26.0M · Law 1715 tax credit $51.3M
DSCR by Year
2029
2.04×
Y1 COD
2030
2.36×
Exit
2032
2.02×
Minimum
2033+
>2.07×
Rising
Bank threshold: 1.25× minimum · Project exceeds by 0.77× in worst year (2032)

Triple use of the land —
one irreplaceable asset

HUB Las Cabezas eliminates the energy-agriculture dichotomy. The same 920 hectares generate electricity, produce food, and capture rainwater — reducing OPEX by 18% versus industry standard.

☀️

Solar Generation — 700 Ha

16 modular blocks of 32 MWp each. Trackers at 2.8m height allow simultaneous agricultural use and free passage for goats and machinery.

💧

Hydro-Capture® — Water Sovereignty

182 Ha of panel surface as rainwater collector. 300,000 m³ stored in 6 reservoirs × 50,000 m³. Zero groundwater extraction. Zero water conflicts with the region.

🌿

Hydroponic Farming — 10 Ha NFT

Export-quality vegetables using project's own water and solar clipping energy. EBITDA margin >45%. Operated by the Mujeres del SOL cooperative.

🐐

Caprine Ranching — 2,200 animals

Biological vegetation control — continuous, free of herbicides. $280K/yr OPEX savings. Animal welfare under 2.8m panels. Continuous passive surveillance of 920 Ha.

🌾

Traditional Crops — 60 Ha

Melon, watermelon, forage crops with short cycles. Partial shading from panels reduces evapotranspiration, increasing crop yield in tropical climate.

Agrivoltaic KPIs

🌱 OPEX savings (goats)
$280K/yr
vs mechanical clearing
💧 Water stored
300,000 m³
6 reservoirs
🌊 Gross capture potential
1,400,000 m³
annual gross
🥬 Agricultural EBITDA
>45%
hydroponic margin
🌍 CO₂ avoided
~3.8M tCO₂
useful life
👩 Women workforce
≥60%
Mujeres del SOL

World-class team,
zero development risk

Three founders with complementary expertise, backed by elite specialized firms. Combined, they have eliminated the critical risks that historically paralyze large-scale projects in Colombia.

JG

Jorge Granados

CEO · Founding Partner

Architect of the HUB strategy. High-level relationships with regulators, development banks, and global technology suppliers. BESS vision and Colombian power market expertise.

RA

Raúl Arroyave

COO · Founding Partner

Led field execution from identification and securing of 920 Ha through coordination of initial technical studies. Integrates the agro-industrial component into the energy design.

RO

Ricardo Orozco

Director of Engineering

FEED supervision, PVsyst validation, and EPC coordination. Primary technical liaison with Tier 1 suppliers and investment banking. Validated 1,220 GWh/yr P50 production.

GO

Gloria Ossa

Directora de Recursos Humanos

Responsable de la gestión del talento humano, cultura organizacional y relaciones laborales del HUB. Lidera los procesos de vinculación, bienestar y desarrollo del equipo en El Paso, Cesar.

TO

Tomás Ocampo

Director de Tierras · El Paso

Gestión y aseguramiento de los títulos de las 920 hectáreas en El Paso, Cesar. Coordinación de procesos prediales, negociaciones con propietarios y cumplimiento de requisitos legales de tenencia.

YV

Yair Valdés

Director de Ambiente e Hidrología

Supervisión del componente ambiental e hidrológico del proyecto. Coordinación con ANLA para la licencia EIA, diseño del sistema Hydro-Capture® y manejo sostenible del recurso hídrico en las 920 Ha.

HMV Ingenieros
Electrical Engineering
500 kV substation design, XM load flow studies, transient stability analysis. IFC/BID bankability.
SOSING S.A.S.
Environmental & Civil
EIA for ANLA license (filed May 2026). Geotechnics, hydrology, Hydro-Capture, topography of 920 Ha.
ARAL Consultores
Financial & Tax
Financial Model v6.1. Law 1715 optimization. Due Diligence preparation for institutional buyers.
Yingli Solar
Solar Modules
706,208 units YL725CF66 bifacial N-Type 725 Wp. Proven bankability, >30-year useful life.
Sungrow
Inverters + BESS
1,232 SG350-HX + 8 PowerTitan 3.0 ST28575. LFP, 6,000–8,000 cycles, liquid cooling, ENFICC cert.
NextTracker
Solar Trackers
6,800 Horizon XTR / ezTracker Harvest. N-S backtracking. 2.8m height for agrivoltaic use.
Goats under solar panels
🐐 2,200 caprinos bajo trackers a 2.8m
Hydroponic NFT farming
🌿 NFT Hidropónico — Mujeres del SOL
Community social impact
👥 Impacto social — El Paso, Cesar

📷 Imágenes referenciales — representativas del modelo agrivoltaico y su impacto social

Transformando comunidades
en El Paso, Cesar

HUB Las Cabezas generates economic and social value for the local community — from job creation to water sovereignty and women's empowerment.

Community women empowerment
👩‍🌾 Cooperativa Mujeres del SOL
Goat herd grazing sustainable
🐐 Ganadería caprina sostenible
Rural Colombia community
🏘️ Desarrollo rural — El Paso, Cesar
Water reservoir rainwater capture
💧 Hydro-Capture® — 300,000 m³ almacenados
Hydroponic farming vegetables
🥬 Cultivos hidropónicos de exportación
Solar farm aerial view
☀️ 512 MWp — mayor proyecto solar de Colombia

📷 Imágenes referenciales · Referential images — representative of comparable projects and communities

A clear, derisked path
to Ready-to-Build

Three new regulatory instruments in 2026 have eliminated the barriers that caused the prior grid denial. The project is now on the fastest available track in Colombia.

Q1–Q4 2025
Development & Permits Done
920 Ha clean title · Non-ethnicity cert. ST-0191/2022 · ARA no SINAP overlap · ICANH archaeological survey approved.
May 2026
EIA Filed — ANLA Done
Filing No. 20266200609612 · SOSING + HMV Ingenieros studies included · ANLA meeting confirms Nov. 2026 target.
Nov. 2026
Environmental License Critical
Favorable ANLA resolution. Triggers Res. UPME 000358 priority track. Key milestone for financial close.
Dec. 2026
Grid Capacity Filing Planned
Filing under Res. UPME 000358. 5-month maximum deadline for connection assessment.
Q1 2027
Ready to Build (RTB)
Total RTB capital: $9.6M ($1.7M deployed by 8SOL + $7.9M from investors). FEED complete. XM guarantee deposited.
Q2 2027
Financial Close
Loan A $207.9M + Equity $97.6M disbursed. EPC contract executed. PPAs signed.
Q3 2027 – Q4 2028
Construction EPC
Peak 450 direct workers. 6,800 tracker piling · 706,208 Yingli modules · 500 kV substation · 19 km transmission line.
January 2029
COD — Commercial Operations KEY DATE
XM declaration · PPA active · ENFICC certification. EBITDA $83.9M · DSCR 2.04×.
2030
Exit — Asset Sale
EV $1,025M · MoM 10.85× · IRR Dev 112.13%. Target buyers: Macquarie, Brookfield, Actis, Mubadala, IFC, Ecopetrol/ISA.
New 2026 Regulatory Frameworks
01

Res. UPME 000358 · May 2026

Special TAC procedure for projects with environmental license. Binding 5-month deadline for grid capacity assessment. Eliminates temporal uncertainty. No competition with ordinary pool.

02

MME-UPME Communiqué · May 2026

Releases 6.3 GW held by non-viable projects. New streamlined assignment framework ≤12 months. Explicitly prioritizes hybrid storage projects like HUB Las Cabezas.

03

UPME Circular 042 · 2026

Defines urgent works at El Copey and Chinú substations (2030). Removes the short-circuit constraint that caused the prior Res. 000207 denial. Technical barrier eliminated.

Four structures.
One exceptional asset.

From low-risk bridge financing to full equity partnership. Each model is designed for a different investor profile — all anchored to the same high-quality, derisked infrastructure asset.

Model A
Low Risk

Senior Debt / Bullet Credit

USD 7.9M RTB bridge capital

SOFR + spread + 15–17% premium at repayment. Fixed return secured by project assets. Waterfall payment priority. Exit at RTB (Q1 2027) or bank refinancing.

  • Fixed return, secured by project assets
  • Waterfall payment priority
  • Exit at RTB or bank refinancing
Model B
Medium Risk

Strategic Partner (Development Equity)

USD 7.9M Development equity

25% direct stake at RTB. IRR 33.15% levered. Participation in exit value at EV $1,025M in 2030. Valuation at RTB: ~$40M implicit (~$80K/MWp × 512 MWp).

  • 25% direct equity upon RTB
  • Participation in $1,025M exit value
  • Buyer IRR: 35.43% (28 years from 2030)
Model C
Medium Risk

Joint Venture (Technology Partner)

~USD 295M EPC + O&M

Tier 1 equipment supply + operating control. Return via EPC margin + O&M. Full operational control of a 512 MWp asset. Ideal for manufacturers or EPCs seeking bankable pipeline.

  • Tier 1 equipment supply guaranteed
  • Full project operational control
  • Return via EPC + O&M margin
Model D
Low Risk

RTB Asset Acquisition (Buyer)

USD 40–45M RTB asset purchase

Acquire a fully derisked, ready-to-build asset. No construction risk. IRR Buyer 35.43% over 28 years. For infrastructure funds seeking long-term, USD-denominated, inflation-protected cash flows.

  • Zero construction risk at acquisition
  • Buyer IRR: 35.43% · 28-year PPA
  • Exit EV $1,025M in 2030
Principal residual risk eliminated
Grid connection risk — the main barrier historically — has been drastically reduced by Res. UPME 000358 (5-month binding deadline) and the release of 6.3 GW. The project is highly bankable with a favorable grid assessment.
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This is a confidential opportunity for authorized investors. All materials are provided under NDA. The complete Information Memorandum is available upon request.

+57 315 560 5482
El Paso, Cesar · Colombia
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