Renewable Energy Project Finance
We assist renewable energy project developers and operators with the structuring and funding of complete-stack project financing including tax and non-tax equity, construction and term debt, and project sales. Additionally, we support developers with post-PPA/pre-construction capital via structured debt facilities. Our clients and other developers who have secured this type of debt have found it to be cost-effective as compared to selling projects early or raising equity capital at either the project or corporate level.
Solar Sector Projects
In the solar subsector, our client focus is on mid-size project developers with portfolios of advanced projects in the 1-10 MW+ size range, and active pipelines of new development. Our objective is to identify financial partners that are interested in establishing long term relationships with developers through which multiple project financing’s or sales can occur via streamlined due diligence, negotiation, and funding cycles.
In the waste-to-energy subsector, our client focus is on mid to large-size municipal anaerobic digestion (AD) project developers. Our bankers have developed very unique expertise in this financially underserved subsector, having analyzed or worked on almost every municipal AD project under development in the US in the past five years. Given the typically lengthy development cycles in this specialized industry, we are able to arrange project financing for a single large project. However, ideally the developer has a pipeline of subsequent projects that can result in the same streamlined funding process as in the solar sector.
The Knowledge and Tenacity to Get it Done
We bring domain expertise, institutional relationships, and transactional experience to our assignments. Our clients benefit from having a dedicated senior banker leading the effort, from conducting due diligence to assisting with the structuring of the capital raise or the project sale. We then select and introduce well-targeted sources and stay involved all the way through negotiations to bring a deal to a successful closing.