Power (PPAs)
200 MW geothermal baseload sold under long-term Power Purchase Agreements to the national grid, the data center (internal), and industrial tenants.
15–20 year PPAs | Fixed + inflation-linked tariff
Investor relations
Secured $765 million debt facility. Three diversified revenue streams. REIT listing target: Year 6.
Investment thesis
01 · Market
East Africa faces a 2-million-unit housing deficit, a data center capacity vacuum, and an unreliable grid — three problems that are individually unsolvable by siloed providers but collectively solvable by an integrated ecosystem. The Total Addressable Market across these three verticals is $7.85 billion. Continental Africa LLC is the first integrated operator in the region to address all three simultaneously.
02 · Moat
Our one-system model means the geothermal plant powers the data center and the UHPC factory at zero marginal energy cost. The waste-to-energy system feeds vitrified glass aggregate back into construction. This internal value loop protects margins from energy price volatility and raw material inflation — a structural moat that no single-asset competitor can replicate.
03 · Exit
The holding structure — specialized SPVs under a centralized parent — is designed for a REIT listing by Year 6, providing a clear liquidity event for early investors. The diversified, contract-backed revenue base of PPAs, MSAs, and housing pre-sales supports the valuation multiple required for a public listing.
Full technical scope of the plant, factory, and data center: Capabilities.
Capital structure
$845M
Total project capitalization
$765M
Debt facility secured
Year 6
REIT listing target
Deployment principle
Traditional industrial parks sequence infrastructure first and revenue last — years of capital outlay before the first dollar of operating income. Tinga inverts that sequence. Housing and the data center are the first two assets commissioned, because both sell from day one: homes to buyers and developers, capacity to compute tenants.
Early revenue does three things. It services the debt facility from operations rather than reserves. It de-risks the remaining capital plan by proving demand in the two largest end markets. And it establishes the operating track record that underpins the Year 6 REIT listing, where income-producing assets — the plant, the data center, and the housing stock — are valued on contracted cash flows.
Capital Structure & Funding
The cash-flow positive first principle governs our deployment sequence. Modular housing pre-sales and data center MSA revenue begin generating cash in Year 1, before the full geothermal plant reaches nameplate capacity. This means debt service is covered by operating revenue from the first full year of operations — not by equity injections or bridge facilities.
Revenue architecture
200 MW geothermal baseload sold under long-term Power Purchase Agreements to the national grid, the data center (internal), and industrial tenants.
15–20 year PPAs | Fixed + inflation-linked tariff
25 MW AI-ready capacity leased under Master Service Agreements to hyperscalers, sovereign cloud operators, and AI training workloads. PUE 1.15, zero-water cooling, 100% geothermal power.
10-year MSAs | Tier III+ | $/kW/month
10,000 seismic-resistant UHPC modular homes per year, sold direct to institutional buyers, government housing programs, and private developers. Pre-sale model generates liquidity before full production ramp.
Pre-sale + delivery | $/unit | 12-month backlog target
Combined, these three streams generate diversified, contract-backed revenue with no single counterparty representing more than 30% of projected Year 3 revenue.
FIG. INV-02
Corporate structure
Each SPV is a separate legal entity with its own debt facility, operating license, and revenue contract. This structure isolates risk by asset class, allows each SPV to be sold or listed independently, and enables the parent to pursue a REIT listing on the consolidated cash-flow base.
Governance is supported by a tiered advisory framework modeled on international centers of excellence — separate technical, financial, and ESG advisory boards reporting to the parent board. This ensures technical rigor in drilling and manufacturing, financial discipline in debt management, and social alignment in community operations.
Projected timeline
Q1 Year 1
First 50 UHPC units delivered; 500 MW geothermal well #1 drilled; first data center MSA signed
Q3 Year 1
500 units delivered; geothermal well #1 online (50 MW); data center shell complete
Year 2
4,000 units delivered; 100 MW geothermal online; data center operational (10 MW); Community Housing Trust Phase 1 complete (50 units)
Year 3
10,000 units/year capacity reached; 200 MW geothermal online; 25 MW data center at full capacity; 200 Community Housing units complete
Year 4–5
Revenue optimization; debt amortization on track; REIT readiness audit
Year 6
REIT listing target (Nairobi Securities Exchange / London AIM)
FIG. INV-03
Risk disclosure
Plasma drilling provides real-time reservoir characterization; 200 MW is phased (50 MW × 4 wells) to de-risk before full commitment
Pre-sale model with 30% deposit at contract; government housing program MOUs in place for 4,000 units
No single MSA exceeds 30% of capacity; pipeline includes 3 sovereign cloud operators and 2 hyperscalers in LOI stage
Land secured under long-term lease with government; all SPVs licensed under Kenya's Energy Act and Data Protection Act
Fixed-price EPC contracts with liquidated damages; 15% contingency in CAPEX budget
Revenue is USD-denominated (PPAs, MSAs); housing revenue is KES with natural hedge from KES cost base
Full risk register available in the investor data room upon NDA execution.
Final call
We are accepting institutional investor inquiries for the equity tranche. NDA and data room access available upon request.
Materials are shared following a qualification conversation — submit an inquiry and the investor relations team will respond.