🔒 CONFIDENTIAL BLIND ORIGINATION DOSSIER · SHAREABLE BAIT EDITION (PAGE 1: STRATEGIC BRIEF)
EXACT SPV ACNs, PARCEL ADDRESSES & DIRECT MOBILES HELD BY HATTR
DEAL 06 OF 06 · ARCHETYPE B · SINGLE-METER LAND-LEASE MICROGRID PORTFOLIO
PAGE 1 OF 2 · ORIGINATION & STRATEGY
PROJECT EVERGREEN — 3-Village (857-Home) Single-Meter Microgrid Portfolio
3 Constrained WA Corridors · 3 Stealth/Active SPVs (857 homes + 3 Clubhouses) · 4.40 MW combined (~7.80 GWh/yr) · Single-Owner BOO Template
| Owner / SPV Proof |
WA LAND-LEASE OPERATOR F (10-village WA portfolio) via three dedicated resort SPVs: (1) BULLSBROOK VILLAGE SPV (ACN 698 XXX XXX, reg 09 Jun 2026 & ACN 691 XXX XXX, GST Active 01 Jul 2026), (2) CHAMPION LAKES SPV (ACN 690 XXX XXX, reg 26 Aug 2025), and (3) NORTH COASTAL RESORT SPV (ACN 676 XXX XXX — $300M, 360 homes). ASIC + ABR VERIFIED |
| Why Portfolio Packaging Works |
A single 237-home village (~1.20 MW) sits just below Zenith's 1.5–4.0 MW standalone floor. Packaging Bullsbrook (237 homes) + Champion Lakes (~260 homes) + Two Rocks (360 homes) = 857 homes + 3 Resort Clubhouses creates a 4.40 MW / 7.80 GWh/yr mandate under one master contract — AND Bullsbrook bolts directly onto Deal #1 (Troon's 201 Stock Rd). |
| Already Built for Microgrids |
Under WA's Land Lease Act model, Providence retains 100% ownership of the land, internal LV cables, rooftops, and single Western Power boundary meter forever (unlike greenfield subdivisions where lots are sold off). At Piara Waters, Providence already bundles the first 8 kWh/day of solar+battery power into weekly rent. |
| Documented Billing Pain Point |
Public case study by WA ICT & UTILITY BILLING INTEGRATOR revealed that OPERATOR F suffered major headaches managing multi-vendor village utility billing and embedded networks in-house — creating an immediate opening for a turnkey BOO microgrid operator. |
| Stage & Intercept Window |
Phase 2–4 (Bullsbrook SPV reg Jun/Jul 2026 · Champion Lakes reg Aug 2025 · Two Rocks DAP Approved · T-36 to T-12 Months). |
THE GRID PROBLEM (WHY CONVENTIONAL WESTERN POWER SUPPLY FAILS HERE)
- Three Constrained Outer-Metro Substations: (1) Bullsbrook (Chittering Rd) sits on the constrained Henley Brook (HBK, <5 MVA) / Muchea 22 kV radial corridor; (2) Champion Lakes sits in the Southern River (SNR, <5 MVA) / Byford (37 MW NSSS deficit) zone; (3) Two Rocks sits on the northern radial end of Yanchep (YCP) (8 km north of Zenith's Eglinton EDL10!).
- High Daytime/Evening Resort Clubhouse + Heat-Pump Loads: Heated resort swimming pools, wellness centres, bowls clubhouses, and 857 all-electric over-50s homes create a highly predictable solar-soak and evening peak profile.
- Zero WAPC Multi-Lot Handover Friction: Because each village is a single parent lot with a single Western Power boundary meter, no ERAWA EDL distribution licence is even strictly required (it operates as a clean single-title embedded microgrid, or can be annexed to EDL10).
WHY A PRIVATE MICROGRID WINS HERE
- Frees Up $6.1M+ of Developer CapEx Per 3 Villages: Previously, Providence funded its own village solar + battery hardware on balance sheet; a Zenith BOO structure frees up ~$2M/village of equity for new land acquisitions.
- 100% Captive Customer Base from Day 1: Every resident signs the village embedded network agreement as part of their site lease — 0% churn for 25–30 years.
- Repeatable Across All 10 WA Resorts (~$180M+ Total Pipeline): Once standardised on Bullsbrook, Champion Lakes, and Two Rocks, the template rolls out to Dawesville, Mandurah, Haynes, Wattle Grove, and Henley Brook.
CLOSEST ZENITH PRECEDENT
Eglinton Village (EDL10/ERL33, 8 km south of Two Rocks) + East Village Knutsford Shared-Battery Microgrid: Simpler regulatory structure than Eglinton because Providence owns 100% of the land behind a single master meter per village.
WHO TO APPROACH (VERIFIED CHANNELS)
- Head of Development (#1 Site Target): DEVELOPMENT HEAD F (HQ PHONE & DIRECT EMAIL HELD BY HATTR).
- General Manager & Head of Construction: GM & CONSTRUCTION HEAD F (DIRECT CONTACTS HELD BY HATTR).
- Town Planner (Lodges all DAPs): SUBIACO PLANNING FIRM F (DIRECT PHONE HELD BY HATTR).
LICENCE & REGULATORY ROUTE
Single-parent-lot Behind-the-Meter Embedded Network (exempt/ERL) OR annexation onto EDL10/ERL33 (Bullsbrook sits next to Muchea EDL10; Two Rocks sits 8 km north of Eglinton EDL10).
Key Risk
Each individual village is ~1.2–1.8 MW on its own, so the deal must be pitched either as a 3-village bundled BOO facility (4.40 MW) or with Bullsbrook bolted onto Zenith's Muchea/Bullsbrook EDL10 hub.
Next Step
Unlock hattr's unredacted contact pack to call DEVELOPMENT HEAD F and CFO / GM F on the 3-village BOO capital-release model.
1 Federal ASIC & ABR Registers (Reg 09 Jun 2026, GST Active 01 Jul 2026, Reg 26 Aug 2025; ACNs REDACTED) · 2 Metro Outer DAP Approval (Two Rocks $300M Resort) · 3 R-Group Utility Billing Case Study (URL REDACTED) · 4 Slide 4 Unbundled Tariff Model.
🔒 CONFIDENTIAL BLIND ORIGINATION DOSSIER · SHAREABLE BAIT EDITION (PAGE 2: ENGINEERING & BOO FINANCIAL MATH)
CALIBRATED TO WESTERN POWER TSP 2026 & WEM IRCR BENCHMARKS
DEAL 06 OF 06 · ENGINEERING SIZING, LOAD PHYSICS & 25/30-YR BOO MODEL
PAGE 2 OF 2 · THE MATHS WORK
PROJECT EVERGREEN — 3-Village (857-Home) Single-Meter Microgrid Portfolio — Quantitative Feasibility
Calibrated to Zenith Slide 3/4 Benchmarks ($536,448.38 / 2.0 GWh = 26.82 c/kWh), Western Power 2026/27 Tariffs & WEM IRCR Credits
3-VILLAGE PORTFOLIO
857 Homes + 3 Clubs
Bullsbrook + Champ. + 2 Rocks
COMBINED PEAK LOAD
4.40 MW (4.89 MVA)
7.80 GWh/yr Total
MASTER METER CMD
3 × 0.80 MW (2.40 MW)
2.00 MW Peak Shaved
25-YR BOO REVENUE
$60.6M (3 Villages)
$1.08M/yr Net EBITDA
1. BOTTOM-UP ELECTRICAL LOAD & FEEDER DEFICIT DERIVATION
Step 1 — Bottom-Up Load across 3 Land-Lease Resorts (857 Homes + 3 Clubhouses)
Bullsbrook (237 homes = 1.20 MW) + Champion Lakes (260 homes = 1.35 MW) + Two Rocks (360 homes = 1.85 MW) = 4.40 MW
Includes 3 heated resort pools, wellness centres, bowls greens, streetlighting, and 857 all-electric over-50s homes (~4.5 kVA diversified/home).
Step 2 — Annual Portfolio Energy Consumption (GWh/yr)
857 homes × 7,500 kWh/yr (high daytime retiree occupancy + HVAC) + 3 Clubhouses (1.37 GWh/yr) = 7.80 GWh/yr
3.90 × the 2.0 GWh Slide 4 reference unit — with exceptionally high daytime self-consumption (~62%) because retirees are home during solar hours!
Step 3 — Skinny Boundary Connections (3 × 800 kW CMD = 2.40 MW Combined)
4.40 MW Portfolio Peak − 2.40 MW Combined Boundary CMD = 2.00 MW Shaved by 2.50 MW / 6.50 MWh BESS + 3.80 MWp Solar
Each village connects via a standard <1 MVA padmount transformer, completely avoiding Western Power HV feeder augmentation in Bullsbrook & Champion Lakes.
Step 4 — Portfolio Rollout Multiplier (Scaling from 3 Villages to All 10 WA Resorts)
3-Village Starter Mandate: $1.08M/yr EBITDA ($6.1M CapEx) → Full 10-Village WA Portfolio: ~$3.60M/yr EBITDA ($180M+ 25-Yr Revenue)
Creates a standardised, cookie-cutter BOO microgrid product where every new Providence village acquisition automatically plugs into Zenith.
2. OPTIMAL MICROGRID PLANT SIZING & DISPATCH SPECIFICATION
| Microgrid Subsystem |
Engineered Rating |
Dispatch Physics & Commercial Role |
| Western Power Boundary Connections |
3 × 0.80 MW (2.40 MW Total) |
One single master HV/LV boundary meter per village (zero individual Western Power NMIs) |
| Embedded Rooftop + Clubhouse Solar PV |
3.80 MWp DC / 3.00 MW AC |
~4.0 kWp on every home roof + clubhouse roofs (~6.27 GWh/yr total generation) |
| Central Village LFP Batteries (BESS) |
2.50 MW / 6.50 MWh Combined |
Bullsbrook (1.8 MWh) + Champion Lakes (2.0 MWh) + Two Rocks (2.7 MWh) |
| On-Site Solar + BESS Self-Sufficiency |
~62.5% Behind-the-Meter |
4.88 GWh/yr consumed locally (high daytime retiree load + BESS); 2.92 GWh/yr off-peak import |
3. UNBUNDLED TARIFF & REVENUE STACK (SLIDE 4 BENCHMARK SCALED TO 7.80 GWh/yr)
| Bill Component (Slide 4) |
Share |
Unit Rate |
2.0 GWh Ref |
Full Estate (3.9x) |
How the Microgrid Captures / Displaces It |
| Variable Wholesale Energy |
37.55% |
10.01 c/kWh |
$200,224 |
$780,874 |
Replaced by on-site Solar PV (~45–62%) + cheap off-peak grid import |
| Western Power Network (UOS/CMD) |
30.12% |
8.03 c/kWh |
$160,606 |
$626,363 |
Slashed via single skinny HV boundary meter (<=3.5 MW CMD) + internal LV ring |
| Peak Capacity / WEM IRCR |
16.78% |
4.47 c/kWh |
$89,474 |
$348,949 |
Shaved during the 12 Hot-Season peak intervals + earns ~$216k/MW/yr IRCR credits |
| Market Fees & Retail Margin |
11.16% |
2.98 c/kWh |
$59,506 |
$232,073 |
Captured directly by Embedded Network / Microgrid Operator |
| Environmental Certificates (LGC/STC) |
4.39% |
1.17 c/kWh |
$23,408 |
$91,291 |
Generated on-site by behind-the-meter Solar PV array |
| TOTAL BUNDLED GRID BENCHMARK |
100.0% |
26.82 c/kWh |
$536,448 |
$2,519,400 / yr |
62.45% is Non-Energy (46.90% WP Network + IRCR alone) |
4. 25/30-YEAR BUILD-OWN-OPERATE (BOO) P&L, CAPEX & DEVELOPER SAVINGS
ANNUAL MICROGRID P&L RUN-RATE (FULL BUILD)
| Gross Bundled Grid Equivalent (7.80 GWh/yr) | $2,519,400/yr |
| Less: Customer Tariff Discount (20.0% (Bundled Village Rate)) | −20% to −22% |
| Net Behind-the-Meter Retail + Network Revenue (~90–95%) | $2,015,520/yr |
Plus: WEM IRCR Peak Capacity & NSSS Credits (~5–10%)
1.90 MW net hot-season peak shaved across the 3 village batteries × ~$216,000/MW/yr WEM IRCR credit | +$410,000/yr |
| Total Addressable Microgrid Revenue | $2,425,520/yr |
Less: Off-Peak Grid Import, Skinny CMD Tariff & O&M
Includes 2.92 GWh off-peak grid import, 3 × 0.8 MW CMD network charges, automated GPON billing, and O&M | −$1,345,520/yr |
| NET MICROGRID EBITDA (ANNUAL RUN-RATE) | $1,080,000 / yr (3-Village Starter) · $3.60M/yr (10-Village Rollout) |
CAPEX, RETURNS & DEVELOPER DEAL HOOK
Estimated Turnkey BOO CapEx Breakdown
Rooftop + Clubhouse Solar PV (3.8 MWp @ $1.00M/MWp = $3.80M) + 3 Village BESS Units (6.5 MWh @ $0.58M/MWh = $3.77M) − Developer LV/Solar Contribution ($1.47M) = $6.10M Net Zenith BOO CapEx
Project Returns & Contracted Annuity
5.6 Years Simple Payback · ~16.5% Unlevered Pre-Tax IRR · $60.6M 25-Year Contracted Revenue (3 Villages)
Why the Developer Signs (CapEx & Time Saved)
Releases ~$6.1M of solar + battery CapEx off Providence's balance sheet across the 3 new resorts, eliminates Western Power headworks delays in Bullsbrook & Champion Lakes, and solves village utility billing.
1 Federal ASIC & ABR Registers (Reg 09 Jun 2026, GST Active 01 Jul 2026, Reg 26 Aug 2025; ACNs REDACTED) · 2 Metro Outer DAP Approval (Two Rocks $300M Resort) · 3 R-Group Utility Billing Case Study (URL REDACTED) · 4 Slide 4 Unbundled Tariff Model.