Investment verdict
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What to change right now
locks respected · smallest move per gateAdvisor · reach the investable frame
respects your locks · numeric0 · Compare vs your baseline
Save current settings as your baseline, then compare every change against it live.
Baseline = default study case · 600 MW · 100 USD/MWh · 45% CF · capex 2,400m
| Metric | Baseline | Current | Δ |
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NPV
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Project IRR
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vs WACC
WACC
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Discount rate
LCOE
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vs price
Debt size
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Equity
DSCR @ P90
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lock-up 1.20 · default 1.05
Equity IRR
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vs 12%
1 · Valuation
Cumulative equity cash flow
Crossing the axis = equity recovered. IRR anchor of the project.
DSCR term structure
Debt service years within tenor; covenant lines at 1.20 / 1.05.
2 · Debt Sizing
Binding constraint
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3 · 25-Year Cash Flow
Equity IRR is recomputed on these cash flows, not formula parts.
| Year | Generation (MWh) | Revenue ($m) | OPEX ($m) | CFADS ($m) | Debt service ($m) | DSCR | Equity CF ($m) | Cum. equity CF ($m) |
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4 · Sensitivity — NPV ($m) vs Price × CAPEX
Green = NPV ≥ 0 (bankable zone). Along a row or column you read the required price / cost correction.
CAPEX (USD m) →
Breakeven levers (each alone makes NPV = 0)
5 · Risk & Covenant Check
DSCR covenant headroom
Asymmetry check — is income & cost on the same side?
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Stress — CAPEX +25%
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The overrun script: banks won't re-lever, so cost overruns land fully on equity.
Stress — O&M doubles from year 11
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Contract-maturity time-bomb if O&M was signed short. Watch for lock-up breach.
Burial-depth decision (CBRA input)
Drag to sweep 1 m → 3 m. Anchors: 1 m = 2.0% / $0.30m pa loss · 3 m = 0.5% / $0.075m pa · +$15m CAPEX. NPV says surface wins; bankability + covenant breach argue for depth.
6 · Scenario comparison & report
| Scenario | CAPEX ($m) | Price ($/MWh) | NPV ($m) | Proj IRR | Equity IRR | DSCR @ P90 | LCOE | Debt ($m) | Verdict |
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Save 2+ scenarios to compare. Best value per column is highlighted, ★ marks the winner by your objective. Export report gives the full comparison + per-scenario diagnostics.