Renewable Energy Project Development & Finance
$25M-$600M or more for qualified renewables projects*
Since 2002, In3 has originated and completed mid-market clean energy project development and financing. Most often, we assist with pre-qualification for in-house funding (via a US family office) by onboarding (discovering the current status) then vetting (pre-due diligence) to support project teams to access the advantageous capital offered by In3’s Completion Assurance Program (CAP funding) or alternative funding if they cannot qualify.
Start with Three Steps to Project Funding
We also consult and can advise developers, offering a complete suite of services to owners and sponsors, from financial fundamentals and industry best practices for moving through the phases of development “from inception to feasibility to financing” to launch of the operating assets.
- Site selection (ask us if you are unfamiliar with what this entails)
- Technical team (EPC or general contractor) sourcing – strategy, contractual arrangements, business negotiation, and vendor selection
- Negotiating offtake agreements
- Dealing with the regulatory agencies
- Building the project plan, pro forma financials (per IFRS – international accounting standards) and financing proposal via an investor-grade package of materials
- Funding strategy — including whether or not to use our Completion Assurance Program™ (more)
- Sourcing capital to reach mutual terms to construct and operate the project without giving up control, and without giving up more ownership or cashflow rights than necessary.
We specialize in large commercial- and utility-scale projects in developed and developing countries with experience in more than 40 countries to date. At present, utility-scale solar development (with storage), or wind power, hydro, waste-to-energy, carbon capture and sequestration, resource recovery, regenerative or other pathways are in demand for investment from our side.
Need funding faster? Discover how a completion assurance (financial) guarantee can expedite funding
For reliable financing at the best possible rates consider either …
- SbLC (Standby Letter of Credit) or via sponsorship, such as from a well-established EPC, OEM or general contractor — more — or,
- Sovereign Guarantee (SG) from the Ministry of Finance (or other agency with MoF authority by law), if you work in a country that offers an SG as part of public/private cooperation, more here.
- Bank Guarantee, Performance Guarantee, Payment Guarantee … that uses the same wording as our standard SbLC (template available upon request)
- Cash Deposit, 25% or more.
What’s the difference between a guarantee (SbLC or SG, etc.) and cash desposit in practical terms and which one has the most advantages for your project(s)? more
How to obtain a guarantee directly | How to involve a guarantee sponsor
Visit our key CAP resource center for related tools, including indicative financing terms.
Otherwise, without a financial (completion) guarantee, we typically have to invest heavily in our own vetting (prelude to due diligence) in order to find a suitable investor. A better use of our time (and your money) is to have us bring in a sponsor on a fee-for-services basis. Why? Because there are more pitfalls with the “capital campaign” approach, even for well-qualified projects, than with a financial (completion assurance) guarantee. Our Family Office partner is entirely transparent and clear about how to access all the necessary funding. Isn’t everyone, you ask? No, they’re not — they cannot predict what deals they will accept because they are looking at either a non-recourse loan, or an equity partnership, where risk profiles are evaluated on a case-by-case basis. They “know a [dis]qualified project” only once they have conducted detailed due diligence, without a clear path to certainty or pre-qualification “test” to make sure they’re not wasting your time. A Completion Assurance Guarantee, however, greatly tilts the odds in your favor.
That said, if you still wish to obtain financing without using CGP through us, get started with registration of your renewable energy project using our fast and easy Readiness Assessment (RAIN is being updated for 2024, please bear with us), and we will respond right away with initial feedback or questions, usually within 48 hours.