Utility Sale Lease-back Model

In the Utility Sale Lease-back model how does one add leverage via debt. Model does not have any inputs. Is there a indirect way to model debt.
I can think of using CBI in Payment Incentives sheet and then use an O&M expense to pay off the debt?
Would this work if proper care is taken to account for tax and depreciation basis.

The SAM financial structures only show debt at the project level. The tax investor (lessor) in the sale-leaseback model may have debt, but at the corporate level.

To consider a tax investor with debt, you could use a weighted average cost of capital (WACC) as the required return on equity (RROE), or IRR target on the Financing page, where

WACC = (Debt Fraction * Cost of Debt * (1- tax rate)) + ((1-Debt Fraction) * RROE)

I was looking for a solution where there is debt at the project level, not on the tax investor side. Is it possible to model that in SAM?

SAM's Utility Sale Leaseback financing option does not include project debt. The financing options that include project debt are Leveraged Partnership Flip and Single Owner or Independent Power Producer.

See the Financing Overview topic in SAM's help system for a table summarizing the Utility financing options and their features.

Best regards,
Paul.