CARIBEX may be able to offer 100% financing for these projects via loan programs through various lenders however often the client is asked to post up to 20% of the total construction costs..

These loans need to meet certain criteria like any other financial transactions of this nature and are based on each project independently.

The lenders we work with have strong interests in funding “green” projects and are offering 15 to 20 year loans tailored to fit the requirements of each specific facility.

Some lenders do not requiring initial down payments or up front soft costs. . The interest rate is in the normal commercial % interest  area and are offered without pre-payment penalties.

The lenders always require a review of a a professional 3rd party feasibility study and once favorably reviewed, they will normally issue a conditional commitment letter subject to the full due diligence inspection..

Once they have reviewed the study the process begins with a scheduled inspection by the lenders representative who will visit the municipality / client. meeting  with the sponsors, city officials and, if the facility is to deliver electric power,  the local utility company who will purchase the power produced by the new plant.

In addition, the inspector will also meet with the various government officials and companies who will be delivering the waste materials, as each of them will pay  “tipping” fees” for deliveries. The plant receives revenues from only two principal sources, the sale of power (electricity and or synthetic gas) and fees from tipping and disposal of inputted waste.

The lender is required to ensure that the sources of revenue for the plant meet reasonable guidelines. The lender will also require guarantees from the facility owners whether it be a PPC (Public Private Corporation) or a private Utility or indeed a municipality.

It is the purpose of the Feasibility Study to determine the size (capacity) and approximate cost of the plant. This, of course, is a function of the waste materials to be processed. In delivering the study we dispatch specialists to make these determinations (metrics) which are based on surveys and various sources of information provided by local officials.

As in many countries the generation of electricity is owned and operated by government as will  be any waste to energy facility. What the lenders don't want and will not do is use the facility itself as security for any loans. Often a sovereign guarantee is required either with or absent attachable off shore collateral.