21 April 2016 2016 11:56 AM GMT

Hydropower Driving Ecuador Towards 100% Electricity Generation From Clean Energy

The $11.5 million hydropower project consists of the construction of a hydropower plant that will have an output of 5.5MW and will be developed in the northern part of Ecuador.  The government provides tax incentives for such projects to encourage the further development of clean energy projects.

Capital Corp Merchant Banking has been much involved in the financing of renewable energy projects over the last 15 years, recognizing the importance of clean energy sources and taking particular interest in these types of projects around the world.

The funding structure it has devised consists of providing its client with US$3.5M in common stock, US$8M in debenture.  The method by which this project is to be funded is the brainchild of Gilles A. Herard Jnr. Mr. Herard is a seasoned merchant banker and has been in the banking industry for 38 years.  As the head of Capital Corp Merchant Banking, he has become a leading figure in international middle-market project financing and engineers all funding structures for projects at Capital Corp. Mr. Herard has received numerous awards for his work and other contributions including being appointed to the Presidential Business Commission, Honorary Co-Chairman of the Business Advisory Council, and having received the Senatorial Medal of Freedom, among many others.

Capital Corp Merchant Banking offers Merchant Banking services for a variety of projects worldwide. It has developed close working relationships with groups of Professionals: Specialists in Finance, Commercial Risks Insurance and Re-Insurance, International Accounting Firms and Law Firms, and the largest Valuation Firm in the world. It believes its solution-oriented approach and reputation for being a leading flexible funding source in the market in creating handcrafted investment structures to meet the needs of the different constituent groups in each individual transaction, including renewable energy projects. Capital Corp Merchant Banking offers many services: Project Financing, Business Debt Restructuring, Consulting, Negotiating Services, Acquisitions, and Investment Approach.

January 10th 2018
US: Doubling Of Wind & Solar Capacity Possible By 2020 as Coal & Nuclear Drop

In the latest issue of its “Energy Infrastructure Update” (with data through November 30, 2017), the Federal Energy Regulatory Commission (FERC) notes that proposed net additions to generating capacity by utility-scale wind and solar could total 115,984 megawatts (MW) by December 2020 – effectively doubling their current installed capacity of 115,520 MW.  The numbers were released as FERC prepares for a January 10 meeting to consider U.S. Department of Energy Secretary Rick Perry’s proposal for a bailout of the coal and nuclear industries.

December 27th 2017
Rooftop PV Presents a $23 Billion Opportunity in India Over The Next 5 Years

India is accelerating development of renewable energy projects to provide cheap, reliable and clean power to its 1.3 billion people. The country’s per-capita on-grid electricity consumption has increased significantly over the four years; due to increased industrial activity, higher uptake of electrical appliances by residential electricity users and the addition of new consumers to the grid. During this period, the cost of electricity from rooftop PV has halved, due to fierce competition in the market and a drop in equipment prices. In contrast, average retail electricity rates have increased by 22% in the same period. This has made rooftop PV cheaper than commercial and industrial grid tariffs in all major states in India.

February 5th 2018
Masdar City To Test Latest Concepts In Autonomous Electric Vehicles

ICONIQ Motors, a China-based EV company, has reached agreement to test its autonomous driving concept at Masdar City. The ICONIQ SEVEN, one of the world’s latest EV models is a futuristic vehicle, built on an intelligent, connected vehicle platform integrated with Microsoft’s AZURE cloud technology; and is set to hit the market in 2019. “Masdar City has put smart and sustainable mobility at the centre of its strategy, as highlighted by the historic success of its flagship driverless Personal Rapid Transit (PRT) system,” said Yousef Baselaib, Executive Director of Sustainable Real Estate at Madsar. “It is the ideal location to test innovative autonomous driving concepts.”


 

   

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