For some time now, Renvico has been seeking out various solutions for investing in renewable energy. The majority of Renvico's wind farms have been funded by project financing or leasing.
In this situation, lenders rely on the cash flow generated by single projects to ensure that their investment and other related fees are repaid.
The security for the loan consists of project’s asset itself and its contracts, with backers holding takeover rights in certain unfavourable circumstances. These types of funding are complex processes that require a heavy time investment in order to set them up.
The Renvico team has gained significant experience over the years in successfully arranging this funding for both new builds and existing facilities.