With a sizable project pipeline in Spain, Solarite is a Spanish developer and IPP engaged in the promotion, building, and operation of solar facilities. Through a pipeline of assets in development, Mithrasol hopes to amass a sizable operational portfolio of sustainable solar energy projects in Spain over the course of the next few years. The company is considering taking up a project portfolio of 11 solar PV plants in Spain for a total installed capacity of 41.8 MW. In order to raise funds for the projects, the company is exploring the project finance route.

Assuming that you are the team responsible for the planning and execution of this project, what steps will be involved in the entire project lifecycle during the construction of the port? Some key pointers that you may choose to include in your analysis are as follows: 1) Documents involved 2) Choice of Debt vs. Equity (With reasons) 3) Due diligence process involved: Elaborate the steps in detail 4) Types of risks involved (Macro and micro) 5) How to evaluate the present value of the project. Should it enter into the project? 6) Breakeven analysis 7) Estimation of profits 8) Any other financial/ non-financial facts 9) Allocation of Profits (Cashflow waterfall) Please include any relevant numerical figures that may help you in strengthening your analysis. You may take some assumptions and base your analysis accordingly. Make sure that you specify every assumption clearly.