NC-ACP-001 v1.1 — IEAT-Industrial Asset Class Playbook¶
How NewCo scopes clean energy investments at Thai industrial estates¶
12 May 2026 · Internal · American English · Principal approval before external use
v1.1 changes from v1.0: §10.4 audit findings owner column rewritten in role-language. Header references to "Marc approval" replaced with "Principal approval." Cross-reference index updated to point at v1.1 platform spine. All technical content (typology library, cost stack, yield, financing, regulatory regime, failure modes, sample deliverables, pipeline status) preserved from v1.0 without change.
1. Asset class definition¶
IEAT-Industrial is clean energy infrastructure deployed at industrial estates managed by the Industrial Estate Authority of Thailand (IEAT), under NewCo's 25-year exclusive concession across 13 active estates. The asset class encompasses solar PV (across 6 typologies), BESS, energy efficiency, and adjacent products (cooling, steam, compressed air, EV) deployed on or within IEAT estate boundaries.
The defining characteristic: NewCo holds a sovereign-backed exclusive concession that gives it the sole right to develop and operate clean energy assets at these specific estates for the 25-year concession period. This is structurally different from individual industrial buildings outside IEAT (a separate asset class, NC-ACP-002), where each deal is bilateral with the building owner.
Examples¶
- Laem Chabang flagship: 47 segments / 34.59 MWp / $25.04M EPC / $29.16M total project cost / 12.2% IRR at 52% LTV lender-sized
- Bangpoo: ~5,851 rai estate (OSM-locked 17 Apr 2026); current segment register at 61.943 MWp base / 68.423 MWp review-max (May 2026, pass2P)
- Map Ta Phut + Map Ta Phut Port: 8,040 + 3,156 rai (combined); deployment pending; petrochemical anchor industrial tenants
- Lat Krabang: 2,559 rai; T1 invalid (land-lease estate; tenants own factory buildings); T2/T4A/T6W only
- Bangplee: 1,004 rai; in active pipeline development
Boundary cases — NOT in scope of NC-ACP-001¶
- Smart Park: 1,384 rai with UMC lapsed; deal-by-deal evaluation required, not standard NC-ACP-001 treatment
- PIE/PRIME JV estates: JV is dormant with bond default; not active NewCo deployment
- Individual non-IEAT factories (MitrPhol mills, Nike VN factories, etc.): different asset class — see NC-ACP-002 Industrial Buildings (Non-IEAT)
- Commercial / municipal / hospital assets on IEAT-adjacent land: respective asset classes
Typical asset size range¶
- Per-estate envelope: 5–100 MWp (LC at 34.59 MWp is mid-range; Map Ta Phut likely upper)
- Per-estate total project cost: \(5–\)80M
- Per-segment: 0.05–5 MWp typical
- Programme-level envelope (13 estates): ~531 MWp solar + ~75 MWh BESS pipeline, ~$566M commitment
Counterparty category¶
Mixed: IEAT-direct (estate authority) for common-area and infrastructure deployment; tenant-direct (per-factory) for rooftop deployment with tenant consent. Both flow through the NewCo–IEAT JV (75.5% NewCo / 24.5% IEAT).
2. Strategic rationale¶
Market opportunity¶
13 active IEAT estates totaling ~35,945 rai (~58 km²) with established industrial tenancy. Combined annual energy consumption likely exceeds 10 TWh across all estates. NewCo's addressable share is the BTM solar + BESS + EE retrofit market, plus the carbon-revenue overlay where applicable.
Programme-level pipeline (Fund I): ~$566M total commitment across 3 tranches.
Why this asset class fits NewCo's mission¶
- Concession + scale: The 25-year exclusive concession converts what would otherwise be 13 bilateral negotiations into one platform agreement. This is the structural moat NewCo's Charter §4 articulates.
- Government counterparty + multilateral backing: IEAT is sovereign-backed; WB LCC Programme P181082 (pipeline) provides $200M IBRD anchor; EXIM Thailand provides pre-structured debt.
- Carbon-eligible at scale: industrial baseline emissions enable T-VER and (for EE-mix programs) ITMO carbon revenue.
- Standardized engine fit: 47-segment LC analysis demonstrates the methodology pipeline scales; same engine applies to all 13 estates.
Differentiators vs. competing approaches¶
- NewCo platform vs. individual project developers: NewCo offers tenants zero-CAPEX ESA with portfolio-priced terms. Individual developers can match per-deal but cannot offer cross-estate standardization or carbon-revenue aggregation.
- NewCo vs. IEAT internal: IEAT does not have execution capacity to develop and operate clean energy at its 13 estates. The JV structure aligns interests.
- NewCo vs. EGAT / PEA: utilities are grid-side; NewCo is behind-the-meter. Complementary, not competing.
Connection to other NewCo asset classes¶
- NC-ACP-002 Industrial Buildings (Non-IEAT): same six-product engine, different counterparty structure (bilateral vs. concession). Lessons from NC-ACP-001 inform NC-ACP-002.
- NC-ACP-003+ commercial/retail/hospitality/hospitals: same engine, different cost stack and self-consumption profile.
- WB LCC Programme cross-link: P181082 sovereign loan informs IEAT financing structure where co-deployment is possible.
Lifecycle stage¶
Scaling: Laem Chabang at IC-ready stage; Bangpoo in active segment-register development; 5-estate pipeline (LC/BP/LPH/LK/MTP) in design; remaining estates in inventory phase.
3. Typology library¶
3.1 Applicable typologies (per NC-METH-001 Part C revA)¶
| Typology | Description | Applicable at | Constraints |
|---|---|---|---|
| T1 | Industrial rooftop (factory buildings) | Estates where IEAT owns buildings | INVALID at Lat Krabang and Lamphun (land-lease; tenants own buildings) — per NC-PARAM-001 §14 standing correction |
| T2 | Building rooftop (smaller / IEAT-owned admin / utility buildings) | All estates | Shallow-pile foundation |
| T4A | Carport / parking canopy | All estates with parking | 3.0m soffit (vehicular access standard) |
| T4B-DC | Building canopy (decorative-concrete attachment) | All estates with mid-rise | Single-mobilization opportunity per LC walk-through |
| T6W | Water surface (floating, fixed-portal-frame) | Estates with significant water surface | Fixed-portal-frame on concrete-lined canal banks at LC; floating PV alternative where structural conditions warrant |
| BESS | LFP battery storage (5 MWh containers) | All estates except those with explicit BTM-only design | LC has no BESS by design; Bangpoo in active BESS design |
3.2 Asset-class-specific constraints¶
- T1 invalid at land-lease estates (LK and LPH): tenants own factory buildings; T1 deployment requires per-tenant consent not yet negotiated
- T6W at LC: fixed-portal-frame structure cheaper than methodology T6D canonical due to concrete-lined canal banks and port-context infrastructure ($732/kWp at LC vs methodology default higher)
- T4A at LC: 3.0m soffit clearance is standard parking, not low-clearance industrial — methodology canonical applies
- Smart Park UMC lapsed: typology choices subject to fresh UMC negotiation; flag in any Smart Park deliverable
3.3 New typologies introduced¶
None. The IEAT-Industrial asset class uses existing NC-METH-001 typologies. Any new typology needs methodology Part C update before population in this playbook.
3.4 Per-typology suitability scoring¶
Per segment, score on a 0–4 scale across 5 criteria: 1. Surface availability (m² / kWp ratio) 2. Structural readiness 3. Solar access (irradiance, shading) 4. Offtaker proximity (BTM viability) 5. Constructability (access, sequencing)
Composite score determines envelope inclusion (per NC-METH-001 Part B Pipeline Stage 4).
3.5 Typical typology mix at LC (canonical reference)¶
| Typology | % of 34.59 MWp envelope | Segment count |
|---|---|---|
| T1 industrial rooftop | ~6% | small |
| T2 building rooftop | ~10% | small |
| T4A carport | ~25% | medium |
| T4B-DC building canopy | ~15% | medium |
| T6W water surface | ~44% | large |
| BESS | 0% (by design) | — |
LC is T6W-heavy due to its port-context canal infrastructure. Other estates will differ — Bangpoo is rooftop+ground-mount heavier; Map Ta Phut may have higher T1 due to petrochemical tenant building stock.
4. Cost stack¶
4.1 Per-typology unit cost (LC v1.0 canonical, per NC-METH-001 Annex H)¶
| Typology | LC unit cost | Range elsewhere | Notes |
|---|---|---|---|
| T1 | $660/kWp | $700–800/kWp typical | Zero-foundation; per-segment register |
| T2 | $720/kWp | $750–850/kWp typical | Shallow-pile |
| T4A | $890/kWp | $850–1,000/kWp typical | 3.0m soffit, vehicular access |
| T4B-DC | $810/kWp | $800–900/kWp typical | Decorative-concrete attachment |
| T6W | $732/kWp | $800–1,150/kWp typical | LC-specific structural context; WP2 engineering review pending |
Caveat: T4A and T6W unit costs at LC have NOT been validated by engineering review (CORRECTIVE_MEMO §3 Error 7). WP2 LC Cost Driver Engineering Review will validate or correct.
4.2 Soft cost stack (% of EPC)¶
Per NC-PARAM-001 §6.3: - Development / soft costs: 8% - Financing fees: 2% - Contingency: 5% - IDC: 1–2% typically - Total project cost = EPC × ~1.17 (LC: $25.04M × 1.165 = $29.16M)
4.3 OPEX structure¶
Per NC-PARAM-001 §7 (LC v1.0 flat): - O&M: THB 700k/MWp/yr - Insurance: THB 300k/MWp/yr - Land/grid: THB 200k/MWp/yr - SPV admin: THB 150k/MWp/yr - Total OPEX baseline: THB 1,350k/MWp/yr - OPEX escalation: 2.5%/yr
AUDIT-016 OPEN: methodology proposes per-typology O&M build-up; flat number may need refinement. WP2 deliverable.
4.4 Cost benchmarking sources¶
- BNEF April 2026 cost curve (for BESS and module pricing)
- Solcast / Solargis (yield) — WP1 deliverable
- LC segment register supplier quotes (typology-specific)
- WP2 engineering review (LC-specific T4A and T6W validation, in flight)
5. Yield and operating assumptions¶
5.1 P50 yield¶
| Location | P50 yield | Source |
|---|---|---|
| Bangkok baseline (BMA reference) | 1,350 kWh/kWp/yr | DEDE Bangkok |
| EEC zone (LC, BP, MTP, Bangplee canonical) | 1,380 kWh/kWp/yr | Per LC model; methodology RES-001 says 1,485 — AUDIT-001 OPEN |
| Northern (Lamphun) | 1,300 kWh/kWp/yr (indicative) | Needs site-specific PVGIS |
| Southern (Songkhla, RubberCity) | 1,420 kWh/kWp/yr (indicative) | Higher irradiance; needs site-specific |
5.2 P90 yield¶
P90 = P50 × 0.90 across all locations (canonical convention)
5.3 Degradation¶
Solar PV TOPCon: 1.0%/yr (NC-PARAM-001 §11.1)
5.4 Self-consumption rates¶
IEAT industrial tenants typically have 80–95% self-consumption profile (industrial loads coincide with solar generation). Higher than BMA (38–75%) due to continuous industrial operation vs. intermittent municipal/educational use.
5.5 Curtailment / export limits¶
IEAT-Industrial is BTM-only by structure. No export to MEA/PEA grid. Generation matches consumption + storage. Curtailment occurs only at edge-cases of low tenant demand.
5.6 Asset-class-specific operating constraints¶
- No tenant building access at land-lease estates (LK, LPH)
- Petrochemical tenant safety zones at MTP/MTP Port require setbacks and additional permits
- Smart Park UMC lapsed — operating arrangement to be renegotiated
6. Financing structure¶
6.1 Debt source¶
EXIM-equivalent debt: - Rate: 6.0% (LC canonical; not 5.75% which is EXIM standard rate) - Tenor: 12 years - Grace period: 1 year - Per NC-PARAM-001 §10.1
EXIM standard rate (5.75%) is under verification per AUDIT-014 (WP3 deliverable).
6.2 Leverage¶
| LTV | Result | Use case |
|---|---|---|
| 70% on EPC | DSCR 0.97× — BREACHES, INFEASIBLE | Canonical program structure does not work for LC |
| 60% on EPC (sponsor base) | DSCR 1.13× / IRR 12.8% / some sub-covenant years | IC discussion frame |
| 52% on EPC (lender-sized) | DSCR 1.30× P90 / IRR 12.2% | Execution case |
| 45% on EPC (conservative) | DSCR comfortable / IRR 11.7% | Stress/downside |
6.3 Equity source¶
Fund I (Singapore VCC, $250M target Oct 2026 close). NewCo platform commits equity from Fund I; specific deals may co-invest with IFC (direct LP $15–25M anchor — Seraya Fund II precedent).
6.4 Off-balance-sheet vs on-balance-sheet¶
Off-balance-sheet for tenant offtakers (zero-CAPEX ESA per NewCo standard). On-balance-sheet for NewCo (asset ownership through SPV).
6.5 Counterparty credit treatment¶
Per NC-METH-001 Annex G (Per-Tenant Credit Framework). Tier-1 anchor tenants graded A/B/C/D on 5-criterion × 0–4 point scale. LC has 12 verified Tier-1 anchors; per-tenant grades pending WP4.
7. Regulatory and tax regime¶
7.1 BOI eligibility¶
Activity 5.2.1 Solar Power Generation = 8-year CIT exemption (canonical). EEC enhancement to 13 years under evaluation per AUDIT-023 (WP4 deliverable). Estates in EEC zone potentially eligible: LC, BP, MTP, Bangplee, etc.
7.2 Tariff regime¶
IEAT LC PPA: 3.85 THB/kWh flat (= 90% of MEA TOU peak 4.28, contractual BTM discount). Per NC-PARAM-001 §4.
PPA escalation: 0% nominal flat (LC canonical). Other IEAT estates may negotiate different escalation per individual ESAs.
7.3 Carbon regime¶
Mixed by estate: - LC: NO CARBON REVENUE by design (BTM self-consumption only) - BP: CME (Carbon Market Entity) framework in development; T-VER + GS PoA structure - Other IEAT estates: per-estate assessment
Solar PV: T-VER domestic only (~$5–15/t) per Thai ICC Aug 2025 ruling. ITMO/CORSIA route is closed for solar.
EE/cooling/steam at IEAT estates: ITMO-eligible at $25–55/t where Article 6.2 bilateral arrangements apply.
7.4 Land/lease/ownership¶
Two estate types: - IEAT-owned (most estates): IEAT owns land + buildings; T1 valid - Land-lease (LK, LPH): IEAT owns land; tenants own buildings; T1 invalid without per-tenant consent
7.5 ESHS framework¶
World Bank ESHS framework applies via LCC Programme co-financing. Annex F per NC-METH-001 governs.
7.6 Permits and approvals¶
- MEA/PEA grid connection (zero-export at IEAT-Industrial)
- IEAT Tier-1 approval (concession-level)
- BOI Activity 5.2.1 registration
- TGO carbon registration (where carbon-bearing)
- Construction permits per Thai standards
8. Common failure modes¶
8.1 Top failure modes (LC-derived; applicable to all IEAT-Industrial)¶
| Failure mode | Frequency | Early warning | Mitigation |
|---|---|---|---|
| Tenant consent refusal at concentration | High | Single tenant >20% envelope (LC: Thai Summit cluster 22%) | Anchor tenant ESA negotiation pre-IC; concentration limit per investment policy |
| DSCR breach at canonical 70% LTV | Universal at LC | Modeled in advance | Lender-sized to 52% LTV |
| Aspirational segment slippage | Medium | Segments in T1X/T2X/T6X categories don't materialize | $4.49M reserve available at LC (5.28 MWp) |
| Module cost movement during procurement | Medium | Lock supplier quote at IC; vintage hedge | Fixed-price EPC clause |
| Land-lease tenant non-cooperation at LK/LPH | High at those estates | T1 unavailable; reduced envelope | Use T2/T4A/T6W; flag at scoping |
| Carbon revenue overstatement (solar ITMO) | Medium | Pre-Aug 2025 artefact citing >$15/t for solar | Apply ICC standing correction; T-VER domestic only for solar |
| Smart Park UMC | At Smart Park only | UMC lapsed; renegotiation pending | Defer Smart Park scoping until UMC restored |
| PIE/PRIME bond default | At those estates | JV dormant | Mark PIE/PRIME affiliated estates as not-deployable |
| EXIM rate vs 6.0% blended | Universal | Memory says 5.75%; LC model uses 6.0% | AUDIT-014 / WP3 in flight |
| Yield convention (1,380 vs 1,485) | Universal at EEC | AUDIT-001 OPEN | WP1 reconciliation pending |
8.2 Hard rules¶
These prevent NewCo from proceeding: 1. Concession boundary violation: deploying outside the IEAT estate polygon — not authorized by concession 2. >30% tenant concentration: triggers DSCR break at LC; requires deal restructure or rejection 3. T1 at LK or LPH without tenant consent: structurally invalid 4. Smart Park scoping during UMC lapse: defer until UMC restored 5. PIE/PRIME affiliated: dormant; do not deploy 6. Material BOI ineligibility: change Fund I allocation accordingly
9. Sample deliverables¶
9.1 Representative IC paper¶
- NC-IC-LC-001 v1.1 (28 April 2026): Laem Chabang flagship investment, IC-ready
9.2 Representative financial model¶
- NC-FM-LC-001 v1.0: LC financial model, 47-segment build, three-LTV table, tornado sensitivity, tenant consent sensitivity
9.3 Representative segment register¶
- NC-IS-LC-001: LC segment register (47 segments, 5 typologies, per-segment kWp/CAPEX/SC rate/offtaker attribution)
- NC-IS-BP-001 v5.2 pass2P: Bangpoo segment register (61.943 MWp base / 68.423 MWp review-max, May 2026)
9.4 Representative IEAT pipeline deck¶
- IEAT_Pipeline_v3_Final (5-estate combined LC/BP/LPH/LK/MTP): expected in IEAT folder
9.5 Critique / lessons-learned¶
- NC-MN-001-CORRECTIVE_MEMO (12 May 2026): documents Phase 2-6A overcorrection and the path back to defensibility
- NC-MN-001-R3_v1_1_close (12 May 2026): 5 WP work plan for v1.1 lock
9.6 Methodology spine¶
- NC-METH-001 v1.1.0 Parts A–F + Annexes G–J (canonical methodology — applies across all asset classes; IEAT-Industrial is the first instance)
10. Pipeline and execution status¶
10.1 Active deals (12 May 2026)¶
| Estate | Sub-class | Status | Value | IRR | IC Stage |
|---|---|---|---|---|---|
| Laem Chabang | Port-industrial | IC-ready | $25.04M EPC / $29.16M total | 12.2% (52% LTV lender-sized) | Phase 0 ($285–400K cash + $70K internal); FID Q1 2027; COD Q4 2027 |
| Bangpoo | Manufacturing | Segment register dev | TBD ($60M+ indicative) | TBD | Pass2P field-gated; pre-IC |
10.2 Pipeline deals¶
| Estate | Status |
|---|---|
| Map Ta Phut | Inventory phase |
| Map Ta Phut Port | Inventory phase |
| Bangplee | Pre-segment register |
| Lat Krabang | Inventory; T1 invalid (T2/T4A/T6W only) |
| Lamphun | Inventory; T1 invalid |
| Sa Kaeo, Samut Sakhon, Songkhla, Songkhla-S+Rubber City | Inventory |
| Phichit, Bang Chan, Nakhon Luang, Kaeng Khoi | Inventory |
| Smart Park | UMC lapse — deferred |
10.3 Programmatic targets¶
- Fund I allocation to IEAT-Industrial: ~35–40% (lead position)
- Geographic priority within Thailand: EEC zone first (LC, BP, MTP, Bangplee) due to BOI 13yr potential + irradiance + tenant credit quality
- Programme-level pipeline: ~531 MWp solar + ~75 MWh BESS / ~$566M total commitment
10.4 Open methodology questions (live audit findings affecting IEAT-Industrial)¶
v1.1 NOTE: Owner column rewritten in role-language. Until functional roles are filled, the Principal holds all owner responsibilities. The AI platform executes the work product against each.
| AUDIT-XXX | Title | Functional owner | WP |
|---|---|---|---|
| AUDIT-001 | LC yield 1,380 (model) vs 1,485 (methodology) | Technical reviewer + analyst | WP1 |
| AUDIT-002 | C4 corrosion BOS premium | Technical reviewer | WP4 |
| AUDIT-005 | No IRR walk in IC paper | Principal + technical reviewer | WP5 |
| AUDIT-014 | Interest rate 6.0% (LC) vs 5.75% (EXIM standard) | Financial structuring lead + technical reviewer | WP3 |
| AUDIT-016 | Per-typology O&M | Technical reviewer + EPC partner | WP2 |
| AUDIT-023 | EEC 13yr BOI enhancement | Financial structuring lead + carbon lead | WP4 |
| AUDIT-027 | Per-tenant credit modeling | Risk reviewer | WP4 |
| AUDIT-036 | T4B-DC canonical entry | Technical reviewer | WP4 |
| AUDIT-038 | T6W canonical entry | Technical reviewer | WP4 |
| AUDIT-040 | LC-specific top-down cost framework documentation | Technical reviewer | WP4 |
| AUDIT-041 | Bifacial uplift typology-specific | Technical reviewer | WP4 |
Appendix A — LC Quick Reference (1-page summary)¶
Laem Chabang IEAT Solar Investment — Flagship deal
- Envelope: 34.59 MWp / 47 segments
- CAPEX: \(25.04M EPC / **\)29.16M total project cost**
- Yield: 1,380 kWh/kWp/yr P50 (EEC canonical; AUDIT-001 OPEN re: 1,485)
- Tariff: 3.85 THB/kWh flat (90% MEA TOU peak)
- Debt: 6.0% / 12yr / 1yr grace
- Sponsor IRR @ 60% LTV: 12.8% (sub-covenant Y9-Y12)
- Sponsor IRR @ 52% LTV (lender-sized): 12.2% — execution case
- Y10 NewCo IRR @ 13.5× exit: 14.3% / MOIC 3.50×
- Stress (CAPEX +15%, PPA -10%, 52% LTV): 6.2% IRR / 1.10× DSCR — MARGINAL
- Tenants: 12 Tier-1 anchors; Thai Summit Group cluster refusal alone breaks structure
- Special case: LC2 Power Plant (LC-T6W-03, $2.40M; $2.53M reserve from T6X)
- Carbon: NONE by design (BTM self-consumption)
- BESS: NONE by design
- Typology mix: T6W 44% / T4A 25% / T4B-DC 15% / T2 10% / T1 6%
- Phase 0: $285–400K cash + $70K internal effort; FID Q1 2027; COD Q4 2027
Appendix B — IEAT-Industrial QA Checklist Extension¶
Extends NC-OPS-001 v1.1 Appendix A. Items specific to IEAT-Industrial:
Concession compliance - [ ] Segment polygons confirmed within IEAT estate boundary - [ ] No deployment proposed outside concession scope - [ ] PIE/PRIME affiliated estates excluded - [ ] Smart Park scoping deferred (UMC lapse acknowledged)
Tenant credit (where T1 deployed) - [ ] T1 deployment at LK or LPH flagged as invalid OR per-tenant consent secured - [ ] Anchor tenants graded per Annex G framework (or flagged WP4-pending) - [ ] Concentration limits checked (no tenant >20% envelope without escalation)
Typology specifics - [ ] T6W cost at LC reflects fixed-portal-frame LC-specific structure ($732/kWp; pending WP2) - [ ] T4A at LC reflects 3.0m soffit / vehicular access (not low-clearance industrial) - [ ] T4B-DC canonical entry referenced (AUDIT-036 pending WP4) - [ ] Bifacial uplift typology-specific (parking ~5%, water ~1–2%, gravel ~7%) — AUDIT-041 pending
Yield - [ ] EEC zone uses 1,380 kWh/kWp/yr (NOT 1,485 until WP1 reconciles) - [ ] AUDIT-001 OPEN flag included in any yield-dependent calculation
Tariff - [ ] LC tariff 3.85 flat (not BMA 4.20; not MEA TOU 4.28-2.34 weighted) - [ ] 0% PPA escalation (LC canonical)
Financing - [ ] Three-LTV table (70%/60%/52%) presented in IC - [ ] 52% LTV = execution case headline - [ ] AUDIT-014 6.0% vs 5.75% flag (WP3 pending)
Carbon - [ ] LC: zero carbon revenue (no separate ERPA) - [ ] BP/other estates: T-VER + GS PoA, NOT ITMO for solar PV - [ ] Solar carbon at $5–15/t T-VER domestic; NOT $25–55/t ITMO
External-facing - [ ] "NewCo" replaced with "the Investment Manager" or SPV name - [ ] Individual names suppressed on internal documents (external institutional framing per NC-TEMPLATE-001 v2.1) - [ ] American English - [ ] Design System v6 for any deck
Appendix C — Cross-reference Index¶
| Topic | Reference |
|---|---|
| Methodology overview | NC-METH-001 Part A |
| Pipeline taxonomy | NC-METH-001 Part B |
| Typologies | NC-METH-001 Part C revA |
| Cross-cutting parameters | NC-METH-001 Part D |
| Runbook | NC-METH-001 Part E |
| Governance | NC-METH-001 Part F |
| Per-tenant credit | NC-METH-001 Annex G |
| LC cost drivers | NC-METH-001 Annex H |
| Acceptance tests | NC-METH-001 Annex I |
| Active audit register | NC-METH-001 Annex J |
| Currency / FX | NC-PARAM-001 v1.1 §3 |
| Tariffs | NC-PARAM-001 v1.1 §4 |
| Yield | NC-PARAM-001 v1.1 §5 |
| CAPEX per typology | NC-PARAM-001 v1.1 §6 |
| OPEX | NC-PARAM-001 v1.1 §7 |
| Carbon | NC-PARAM-001 v1.1 §8 |
| BOI | NC-PARAM-001 v1.1 §9 |
| Debt | NC-PARAM-001 v1.1 §10 |
| LC canonical | NC-PARAM-001 v1.1 §12 |
| Standing corrections | NC-PARAM-001 v1.1 §13–14 |
| IEAT estate areas | NC-PARAM-001 v1.1 §15 |
| Decision rights | NC-OPS-001 v1.1 §3 |
| QA discipline | NC-OPS-001 v1.1 §6 + Appendix A |
| Onboarding | NC-ONB-001 v1.1 |
| External institutional framing | NC-TEMPLATE-001 v2.1 |
| Sprint workstreams | NC-SPRINT-001 |
| Active health findings | NC-HEALTH-001 + NC-HEALTH-002 |
Version history¶
| Version | Date | Notes |
|---|---|---|
| 1.0 | 12 May 2026 | Initial IEAT-Industrial playbook; first instance of NC-ACP-000 v1.0 template; closed Sprint Board T07 second half |
| 1.1 | 12 May 2026 | §10.4 audit findings owner column rewritten in role-language; header "Marc approval" → "Principal approval"; cross-reference index updated to point at v1.1 platform spine; technical content unchanged |
End of NC-ACP-001 v1.1.