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🇧🇧Barbados·Renewable energy·Founded 2016·64 employees
SolArc Power Systems
Provara Scorev3.2
82/100
Investment-ready
Domain profile
Score history
About the company
Distributed solar-plus-storage developer serving commercial and industrial clients across the Eastern Caribbean under 15-year PPAs, with a 42 MW pipeline in permitting.
Monthly trade volume (USD)
rolling 12 months
Management
- Dr. Marcus AlleyneChief Executive Officer
- Priya RamsinghHead of Project Finance
Capital ask
$18.0M
Blended
Use of proceeds and pricing indications available under NDA in the data room.
Strengths
- Renewable energy operator with above-median financial performance & trajectory.
- Clear line of sight to blended deployment within 6 months.
- Domestic revenue base underpins downside case.
Gaps & recommendations
- Strategic Alignment & Exit Pathway below Provara benchmarkSharpen use-of-proceeds and milestone clarity; identify comparable exit transactions for the mandate.
- Operator & Team Quality below Provara benchmarkComplete C-suite bench, document succession plan, and formalize an external advisory board.
- Financial Performance & Trajectory below Provara benchmarkComplete IFRS-aligned audit for FY2025, rebuild 3-statement model, and tighten cash-conversion cycle.