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Aziz · Saif   Investor Research
Report 15 · Energy · Renewables

Distributed Solar-Plus-Storage Platform for Commercial Rooftops
Zero-capex PPA model with proprietary load-shaping AI

Region: GCC commercial · India industrial corridor expansion Stage: Series B Ask: $40M (Series B equity + $80M project finance facility)

Investor Dashboard

Key financial KPIs at a glance — % against revenues in QuickBooks-statement style.

Y1 Revenue
$18M
Initial scale
Y3 Revenue
$58M
↑ Year-3 target
Y5 Revenue
$165M
↑ Year-5 target
Gross Margin
62%
% vs Revenue
EBITDA Margin
32%
% vs Revenue
CAC Payback
24 mo
Time to recoup
LTV / CAC
8.0x
Unit economics
Capital Ask
$40M
Series B

Revenue Mix · % of Top Line

Cost Structure · % of Operating Cost

Use of Funds · % of $40M Raise

Problem & Solution

Zero-capex PPA model with proprietary load-shaping AI

The Problem

Commercial and industrial buildings own ~30% of grid demand and are paying $0.09–$0.16/kWh while their rooftops sit idle. Self-financing solar is capex-heavy and ROI-uncertain; traditional PPAs lack storage and fail to address peak-shaving / time-of-use tariffs that drive 40% of the actual bill.

Our Solution

A zero-capex solar-plus-storage PPA platform — we own, install, and operate the system; the customer pays only for kWh delivered at 30–55% below grid. Proprietary load-shaping AI optimizes dispatch to maximize storage arbitrage, peak-shaving, and demand-charge mitigation.

Market Opportunity

$420B Distributed Energy TAM addressable today

C&I solar+storage segment $98B (2025) → $310B (2030) · 26% CAGR

20-year PPA contracts at $0.06–$0.085/kWh with annual escalator (~2%). Project IRR 14–18%; equity IRR 22%+ with leverage. Asset-light SaaS layer (load-shaping AI) sells separately to utility partners.

Financial Statements · % vs Revenue

QuickBooks-style readout — every line shown as percentage of its parent total.

Revenue Mix

Revenue Stream% of RevenueShare
PPA Energy Sales70.0%70%
Storage Arbitrage / Grid Services15.0%15%
AI Software Licensing8.0%8%
O&M & Retrofit Services7.0%7%
Total Revenue100.0%100%

Cost Structure

Cost Line% of CostShare
Project Finance Interest25.0%25%
O&M & Asset Mgmt22.0%22%
Engineering & EPC Oversight18.0%18%
BD & Origination15.0%15%
G&A12.0%12%
Insurance & Compliance8.0%8%
Total Operating Cost100.0%100%

Use of Funds — $40M Raise

Allocation% of RaiseShare
Project Equity (lever 2:1)55.0%55%
Engineering & AI Software18.0%18%
BD & Origination Team15.0%15%
Working Capital8.0%8%
Regulatory & Permitting4.0%4%
Total Use of Funds100.0%100%

Traction & Proof Points

Moat & Exit Strategy

Defensible Moat

Proprietary load-shaping AI lifts project IRR by 280–400bp vs static dispatch. Operating data from 184MW deployed creates feedback loops competitors with no fleet cannot reach. Project finance relationships with 8 lenders create lower cost of capital than new entrants.

Exit Path

YieldCo IPO at maturity, strategic sale to an infrastructure fund (Brookfield, BlackRock RealAssets, Macquarie), or platform sale to a utility — typically at 11–14x EBITDA on operating assets.

Key Risks