Solar PV Receivables Securitization — FG Capital Advisors

Important Disclosure. This page is intended for Independent Power Producers (IPPs), renewable energy developers, and infrastructure investors. FG Capital Advisors arranges securitized financings and does not originate loans or offer consumer-facing investment products.

Solar PV Receivables Securitization

If your business operates or manages contracted solar PV projects, you’re already sitting on a recurring cash flow stream. Those receivables—whether from power purchase agreements (PPAs), feed-in tariffs (FiTs), wheeling charges, or offtake agreements—can be structured into capital-efficient, investor-backed instruments without issuing new equity or refinancing the core project.

FG Capital Advisors helps you unlock that value. We package your future receivables into a bankruptcy-remote vehicle, underwrite the asset pool, and arrange the private placement through our global network of yield buyers, insurers, and structured credit desks.

Receivables Eligible for Structuring

  • Fixed-price power purchase agreement (PPA) cash flows
  • FiT revenue from regulated solar programs
  • Energy offtake contracts (corporate or government)
  • Deferred incentive payments (RECs, tax credits)
  • Contracted wheeling or net metering fees

Receivables may originate from utility-scale, commercial rooftop, or distributed generation assets. Multi-country portfolios are accepted subject to creditworthiness and legal enforceability.

How We Structure These Transactions

Instrument Application Typical Term
PPA Receivables-Backed Notes Cash flow rights from contracted solar PPAs 12–36 months
Forward Flow Agreements Programmatic sale of monthly receivables under a pricing model Open-ended
Insured Receivables SPV Offtaker payments enhanced by trade credit insurance 12–24 months
Subordinated Fee Strip Securitization Developer fees or EPC revenues stripped into structured notes Variable

Our Role in Execution

  • Receivables analysis (aging, contract strength, offtaker quality)
  • Legal structuring: true sale opinion, SPV setup, tax neutrality
  • Cash flow modeling, waterfall mechanics, and stress coverage
  • Investor documentation: term sheets, offering memos, reporting pack
  • Distribution to private credit desks, insurance-wrapped note buyers, and ESG-aligned investors

Our consultants bring cross-disciplinary credentials in securitization law, project finance modeling, IFRS 9 accounting, and carbon-linked credit structuring. We serve both single-asset and programmatic clients.

Regions We Serve

  • Latin America – Mexico, Chile, Brazil
  • Africa – South Africa, Egypt, Kenya, Nigeria
  • Asia-Pacific – India, Indonesia, Philippines
  • Middle East – UAE, Jordan, Oman
  • Europe – Spain, Portugal, Italy, Eastern Europe

To explore a transaction or request a proposal, please use the contact form linked in the footer of this page. We respond to qualified sponsor inquiries within 1 business day.