Returns

Persimmon Investments Holding

Illustrative economics

Choose your risk-return

Three representative archetypes on a 10-year hold-and-exit basis, grounded in 2024–26 market benchmarks. Investors weight toward stable GCC ballast or higher-yield African growth.

GCC Solar

~9%

~2.0x MOIC · 200 MW

Investment-grade offtaker, USD-pegged — the ballast.

Africa Solar+BESS

~13%

~2.7x MOIC · 150 MW

Sovereign/DFI-backed USD PPA with storage.

Africa Wind

~15%

~2.9x MOIC · 200 MW

High capacity-factor African wind site.

Blended

~13%

gross IRR · ~2.4x net MOIC

Weighted across the three archetypes.

Illustrative only — assumptions grounded in IRENA, BloombergNEF and DFI data; not forecasts or guarantees. Gross figures are project levered equity IRR/MOIC (pre-tax). Net MOIC is after 15% carried interest. A full financial model is available in the data room.