Dams and Hydro Electric Projects
We have a number of funders as well as funding programmes that cater for dams and hydro electric projects. The project funding requirement must be at least USD$100 Million.
The project must be ready to start, except for the money to fund the working capital. Some of the items that we look at are as follows:
A professionally prepared business plan, preferably by one of the big global accounting firms;
An experienced management team in place;
EPC Contractors must have relevant experience in handling similar projects;
Environment Impact Study including relocation plans for locals where required;
All relevant permits and licenses are in place;
Contracts or commitment letters or power purchase agreements (PPA) are in place;
Availability of funds to complete (to cover necessary legal cost, due diligence cost and other related expenses);
Evidence that the project benefits the people and won't be a 'white elephant'.