top of page
Image by Dan Meyers

Equity Value

Investment in Fortune Hydro is one of the most effective means by which an investor can put their money to work to fight climate change while earning a financial return. Hydropower plants are known to generate CO2-neutral energy for up to a century, and beyond. Such a lasting renewable energy legacy is possible to achieve with small hydropower.

Investment Process

Strategic Planning
And Deal Preparation

Activities performed under this phase are:

  • Site visit

  • Project development to investment grade

  • Investment preparation

  • Preparation of exclusivity agreement

Project Approval

Activities performed under this phase are:

  • Preliminary investment decision

  • Detailed planning

  • Detailed due diligence

  • Finance roadshow

  • Investment commitment

Business Case Review

The business case is reviewed to find whether it meets the investment criteria. An identifiable off-taker funding plan is also developed with the inclusion of local partners. 

Investment Approval

The new company acquires the project, builds & operates the assets, and secures off-take contracts.

infographic circle icons.png
Acquisition and Funding

The company rolls out the investment, commits funds, and completes the construction.

Business Unit Proportion

Our projects are supported and delivered in cooperation with selected partners and suppliers.

Investment Criteria

Project Size

At Least 10 MW

Total size of the project

project size.png

Local Partners Ownership

15% Equity

Local partners must own at least 15% equity in the business

local partners.png



Achieve favorable hydrology and technical 3rd party reports


Fortune Hydro’s Ownership

51% TO 85%

51% to 85% of the ownership  with Fortune Hydro allowing majority control of the power plant



IRR >10%; RoE > 15%

Business case with IRR of >10% (ready to build)


Sources of Shareholders &
Investors’ Payout

Cash-rich and asset-heavy investments provide a stable source of liquidity for debt service and dividend payments. Additionally, payments to investors will be secured through the following sources: 

Net Profit

Net profit margin generated from the operating entities. Free cash flow
80% avg EBITDA margin


Pay portion of equity with

long-term debt

Of Equity

Funds generated from refinancing of equity through long-term debt or transfer to debt fund after 1 to 2 years of successful operations. 

Sale And
Lease Back

Funds generated from the sale and lease back of operating assets



Fortune Hydro plans to raise investment funds during the initial growth phase from the investors over a period of 5 years. The funds raised will be used for engineering, development, and overall operations of the projects under the portfolio. The average investment per asset will range from €25 to €100 million with a project lifecycle of over 25 years, minimum. 


Target return (ROE) to be achieved by the company for the investors (including annuities). Minimum ROI to be achieved is 10%.


Generating secondary market for tradable shares, convertible bonds and notes.

Tier One Auditors

(Fortune Hydro's auditors)

bottom of page