Global Group Consulting Services
During the past several years, continuous growth has been enjoyed by the green renewable energy development financing industry.
Funding projects for wind turbine farms, bio-fuel plants, solar power and more has been critical in the ongoing production of these facilities.
This growth is expected to continue and geometrically expand in the coming years in response to global warming and the current fuel cost crisis.
This growth of financing renewable energy development project funding will be enjoyed in the U.S. as well as internationally in the years to come.
With the ever increasing numbers of credible developers with established relationships with the green lender community, the improving credit ratings of many of the utility power purchasers and the increasingly favorable regulation encouraging environmentally beneficial power production, more project financing for funding green renewable energy developments can be expected.One of the first steps is to help the sponsor and develop an in-depth analysis of their executive summary and business plan. For some projects, possibly even hire a specialized consultant to conduct an independent feasibility study. These studies will analyze the perpetual resource data and should demonstrate the financial feasibility. These studies will examine detail in technical, financial and other aspects and are critical to the lender in its risk evaluation of the proposed plan. The loan usually will be secured by all assets, including a mortgage on the facilities and real property, assignment of operating revenues; liens on all personal property and assignment of all power purchase agreements and permits, including any letters of credit or performance bonds to which the borrower is the beneficiary. If debt forgiveness is approved, none of this will apply.Utilizing specialized funding for financing green renewable energy development projects helps to conserve and reduce our dependence on foreign fuels. Because these systems do not emit harmful greenhouse pollutants, they also help protect our endangered environment. Technologies utilizing clean power can play a critical role in affordably powering homes, businesses and factories. This can combine efficiency and clean power generation produced to feed the grid and fill our gas tanks. Looking at the smaller scale, efficient buildings with their own power generation abilities can reduce peak consumption demand and reduce the necessity for expensive new grid generating capacity, transmission, and distributions lines as our demands grow.All solar, wind, bio-fuels, hydro and others may qualify for the debt forgiveness program. We have the experienced lenders, investors, debt forgiveness foundation representatives and underwriters to make the process of getting the dream out of the ground and into sustainable operation while feeding the grid with electricity and tanks with bio-fuels.The debt forgiveness program is available for qualifying green and humanitarian projects. There are specific criteria that a project must meet to qualify for debt forgiveness. We are available to help the developer meet those requirements and answer any questions or concerns regarding this wonderful program. This is a real opportunity to guarantee sustainability of the project and insure clean power well into the future.For assistance in finding the right match in technology for your needs as well as Financing please contact Us