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GET Project Financing
GET has very good financing available for
major projects that GET undertakes.
Here is a summary of our requirements for our extraordinary funding sources. The
minimum project size to fund is USD 60 M. Smaller projects can be combined if
necessary. For projects of USD 60 Million to USD 1 Billion, we will fund 90% of
the project value. For projects of USD 1 Billion to USD 1.5 Billion, we will
fund 92.5%, and for projects of USD 1.5 Billion & larger, we will fund 95%.
Please contact GET for full details of our major project financing program.
Financing for smaller projects can be arranged if they can be combined with
larger projects. Also, for GET provided goods made in USA, Ex-Im Bank backed
financing is available for qualified borrowers. We can provide details on this
program on request.
GET works with many well qualified funding sources, with many hundreds of
Billions of US Dollars available for GET projects. These include banks, hedge
funds, institutions, private investment groups, etc.
Repayment arrangements are, in general, as follows:
Energy Projects: For most types of energy projects, we already know our capital
& operating costs. Hence we will contract in advance for a predetermined cost
per kWh, usually fixed for 2 years, with cost of living increases after that.
Our PPA Contract, required for project funding & execution, normally requires
the purchase of all power produced by the project, and the usual term is 25
years, though it can be longer.
Water Purification Projects: For packaged systems where we know clearly our
capital & operating costs, repayment will be similar to energy projects, but
with a provision for cost of energy increases. For build on site systems or
systems with much complex engineering, repayment will be adjusted to reflect
actual costs, not projected or estimated costs, as with general infrastructure
projects (see below).
Housing Projects: Normally we will want a bank or other entity to buy houses as
they are completed, perhaps monthly or as each designated block is completed. We
do not expect to finance individual home purchases for an extended period of
time.
General Infrastructure Projects: These can be done as BOOT project in most
cases, provided a workable repayment program can be arranged that is secure &
reasonable on all sides. The repayment program will have to cover actual
completed project costs, not just the pre-project estimates which are usually
done by others.
GET will finance & undertake any qualified beneficial project. Projects
must be inherently peaceful, inherently healthful, must be fully legal, and must
not be damaging to the environment.
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