What is the legal structure for Vested Solar projects?

What is the legal structure for Vested Solar projects?

  • VEPL (Vested Energy Private Limited) is one of the companies in the Vested Group and is a private limited company. 

  • Investors (you) will have a lease agreement in place with VEPL. 

    • The panels are sold to you and then leased back by VEPL. 

    • Although the ownership lies with you, the VEPL operates the project. 

  • Vested will have a PPA (power purchase agreement) in place with the Company (on whose roof solar is installed)

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