Solar & Wind Generation
Utility-scale solar and onshore/offshore wind, and contracted renewable generation offtake. — targeting a net IRR of 13–18% across contracted, operator-led energy assets.
Investment thesis
Fund 1 owns and develops utility-scale solar photovoltaic and onshore and offshore wind generation with long-dated, investment-grade offtake. We underwrite to contracted revenue, interconnection certainty, and constructability, concentrating capital where queue position, land control, and PPA counterparties are already secured. The fund also participates in contracted renewable generation offtake structures that extend our reach without adding development risk.
Target asset types
- Greenfield and late-stage utility-scale solar PV (100–800 MW)
- Onshore and offshore wind generation, including repowering
- Contracted renewable generation offtake agreements
- Portfolios with 15–20 year contracted offtake
Palo Verde Solar Anchor
An 800 MW single-axis-tracking solar project in Maricopa County, Arizona, contracted under a 20-year PPA to a regional load-serving utility, with interconnection secured and a 400 MWh co-located battery in permitting.
Representative, illustrative profile of the asset type this fund targets. Not an offer, commitment, or existing holding.
Vehicle summary
We size each fund to the durability of its cash flows, not the appetite of the moment. Concentration follows conviction, and conviction follows underwriting.Alzaro Energy Investment Committee
Talk to our investor relations team
For fund materials, capital account information, and partnership inquiries, reach Alzaro Energy directly.
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