Sources and uses of capital under the two modelled scenarios.
| Category | Amount | Note |
|---|---|---|
| Base economic CAPEX | €418,236 | Current base CAPEX of the project |
| Operations, first 5 years | €240,000 | Farming and overhead costs until production starts |
| Development and additional studies | €5,000 | Due diligence, analyses, studies and legal |
| Working capital reserve | €30,000 | Safety margin until production |
| Total uses | €693,236 |
Simulation based on the planning rates used in the model. Eligibility of each line, the rate and the cap must be confirmed against the call actually open.
PEPAC is not treated as secured until approval. Annual CAP payments and eco-schemes are not used as a CAPEX base.
Preferred scenario
Public support significantly reduces the private capital required and improves investment economics.
Funding sources
A material share of the total requirement is covered by public support.
Independent scenario
A fully private scenario allows the project to proceed without depending on incentive timetables or approval.
Funding sources
Greater execution speed and autonomy, with higher private capital exposure.
The structure closes when this difference is zero or negative. Equity amounts are negotiable. It can be structured as a direct investment, joint venture, phased financing or a round with several investors.
A planning tool for the selection score. Weights and scores must be updated in line with the applicable PEPAC call.
| Criterion | Weight | Score (0–20) | Contribution |
|---|---|---|---|
| Risk management | 15% | 12 | 1.80 |
| Investment size | 20% | 20 | 4.00 |
| Producer organisation | 25% | 18 | 4.50 |
| Digital solutions | 20% | 16 | 3.20 |
| Production method and certification | 20% | 18 | 3.60 |
| Total VGO | 17.10 |