Platform model & approach

How the platform is built.

Arclight's model is designed around four connected principles: long-term contracted revenue, structural clarity, integrated execution, and disciplined capital allocation.

The four principles

01 Revenue

Long-term contracted assets

Every project is developed against a long-term power purchase agreement or finance-lease structure with a defined offtaker. We do not build merchant exposure into the core portfolio.

Contract tenor, tariff structure and offtaker credit form the foundation of investment decisions. The objective is predictable, multi-year cash flow rather than short-term development profit.

02 Structure

Ring-fenced project ownership

Assets are held in dedicated special purpose vehicles under the platform holding company. This creates clear legal and financial separation between portfolios. Lenders to one SPV have recourse only to that SPV's assets and cash flows.

Equity investors in the platform gain exposure to the full portfolio while retaining the benefits of project-level ring-fencing. The structure is intentionally simple and bankable.

03 Execution

Integrated development and operations

Origination, technical design, construction management and long-term operations are handled within the group. This reduces interface risk, improves cost and quality control, and ensures operating feedback informs future project design.

Construction margin and lifecycle service capability remain inside the platform rather than being fully outsourced.

04 Capital

Capital structure discipline

Projects are structured from the outset to support senior debt at the SPV level alongside equity at the platform level. We design for transparency in sources and uses, clear security packages, and coverage metrics that institutional lenders recognise.

The platform is intended to accommodate both project finance and growth equity as it scales.

Structure

Platform above, ring-fenced SPVs below.

Equity and strategic oversight at the platform level; assets, cash flows, security packages and senior debt at the SPV level. 80.3 MWp across 12 sites, delivered 2026–2028.

Arclight Renewables Platform holding company · equity & oversight SPV · Portfolio 2 5.3 MWp · 4 sites · rooftop Fully contracted · COD Q4 2026 SPV · Portfolio 3 25.0 MWp · 7 sites · rooftop + ground Substantially advanced · mid-2027 SPV · Portfolio 4 50.0 MWp · 1+ sites · rooftop + ground Pipeline · late 2028 No cross-collateralisation between SPVs. Equity is subscribed at the Parent and downstreamed per construction funding needs.
Platform activities

Originate → structure → build → own → operate.

Development & origination

We identify and screen C&I solar opportunities across multiple states. Screening covers technical feasibility, offtaker credit quality, land or rooftop rights, grid connectivity and commercial terms. Only opportunities that meet internal thresholds for contract quality and execution risk advance. The emphasis is on disciplined selection rather than maximum volume.

Structuring & contracting

Projects are structured as long-term contracted assets, typically under power purchase agreements or finance leases. We focus on clear offtake terms, appropriate security packages and alignment between contract life and financing life.

Construction & delivery

Construction is managed through controlled processes with defined accountability for timeline, cost and technical performance. The group maintains engineering and project management capability so that delivery risk is actively supervised rather than fully delegated.

Ownership & asset management

Once commissioned, assets are owned and operated for the long term. Performance monitoring, offtaker relationship management, maintenance coordination and regulatory compliance sit with the platform. The objective is stable generation, high availability and reliable collections over the full contract period.

Portfolio growth

New projects are added under the same structural, commercial and technical standards. The platform is designed to grow through the addition of ring-fenced portfolios rather than through constant recycling of capital out of existing assets.

Working with Arclight

Three groups of partners.

Offtakers

Institutions and corporates seeking long-term renewable power under clear contractual terms. We focus on counterparties that value reliability, transparency and multi-year price certainty.

Capital partners

Lenders and equity investors who understand contracted infrastructure assets and prefer transparent structures, ring-fenced project companies and disciplined governance.

Technical & delivery partners

Selected counterparties who meet the platform's standards for quality, safety and accountability.

In all cases we prioritise long-term relationships over transactional interactions.