RTB Solar PV Valuations in Benelux & Nordics in 2024

Welcome to our comprehensive analysis of Ready-to-Build (RTB) Solar PV asset valuations in the Benelux & Nordic regions for the first half of 2024. This article is part of a semi-annual series that provides invaluable insights into renewable energy asset valuations across various countries, regions, and on a global scale. Our data is derived from proprietary transaction insights gathered from PF Nexus, the world's leading renewable energy asset marketplace. For those seeking the most up-to-date information, it's important to note that this data was made available to our Financier-tier subscribers in June 2024. To access the latest data for the second half of 2024 and beyond, consider upgrading to our Financier Tier subscription.

Our analysis focuses on two key countries within the Benelux & Nordic regions: the Netherlands and Sweden. Let's dive into the valuation trends observed in the first half of 2024:

• Low Valuation: €85,000/MWp
• Average Valuation: €115,000/MWp
• High Valuation: €150,000/MWp

• Low Valuation: €50,000/MWp
• Average Valuation: €100,000/MWp
• High Valuation: €135,000/MWp

The Benelux & Nordic regions show interesting dynamics in RTB Solar PV valuations. The Netherlands demonstrates higher overall valuations compared to Sweden, with a narrower range between low and high values. This could indicate a more mature and stable market in the Netherlands, while Sweden's wider range might suggest more variability in project quality or market conditions. It's noteworthy that the gap between sell-side and buy-side expectations varies between these countries:

• Netherlands: 30% gap
• Sweden: 44.8% gap

This larger gap in Sweden could indicate a more negotiation-intensive market, potentially offering opportunities for savvy investors and developers.

When compared to other European regions, the Benelux & Nordic valuations fall in the mid-range. For context:

• Western Europe (including countries like France and Germany) generally shows higher valuations.
• Southern Europe (e.g., Italy, Spain) displays a wide range of valuations, often overlapping with Benelux & Nordic figures.
• CEFTA & Eastern Europe typically show lower valuations, with some exceptions.

For a more comprehensive view of these regional comparisons, please refer to our Global RTB Solar PV Asset Valuations 2024 Analysis and Trends article.

"Ready-to-Build" (RTB) refers to a crucial stage in the solar PV project lifecycle. At this point, a project has secured all necessary permits, grid connection agreements, and land rights, making it ready for immediate construction. RTB assets are particularly attractive to investors looking to minimize development risk while still capturing significant value in the project lifecycle.

PF Nexus is the premier marketplace connecting buyers and sellers of utility-scale renewable energy assets worldwide. Our platform facilitates transactions across various technologies, including solar, wind, battery energy storage systems (BESS), hybrid projects, hydro, and hydrogen. The valuation data presented in this article is just a glimpse of the insights available to our premium subscribers. By joining PF Nexus, you gain access to:

• Live deal flow from our network of 7,000+ developers, investors, and advisors
• Semi-annual valuation reports covering global markets
• Networking opportunities with key players in the renewable energy sector

The Benelux & Nordic regions present intriguing opportunities in the RTB Solar PV market, with distinct valuation trends in the Netherlands and Sweden. As the renewable energy landscape continues to evolve, staying informed with the latest market data is crucial for making strategic investment decisions. Remember, the renewable energy market is dynamic, and valuations can shift rapidly. For the most current insights and to connect with active buyers and sellers in the market, consider upgrading to one of our premium subscription tiers. Interested in diving deeper into specific country trends? Check out our detailed analyses for the Netherlands and Sweden. For broader regional perspectives, explore our articles on Western Europe, Southern Europe, CEFTA & Eastern Europe, Australasia, Middle East, and North America. Stay ahead in the renewable energy market with PF Nexus – where insights meet opportunities.