1 / 14

Financing for Clean Energy Entrepreneurs

Financing for Clean Energy Entrepreneurs. To succeed in this fast-paced industry, entrepreneurs and project developers need access to financing. This panel will focus on creative financing models that can create win-win solutions within the current regulatory landscape.

heller
Download Presentation

Financing for Clean Energy Entrepreneurs

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Financing for Clean Energy Entrepreneurs To succeed in this fast-paced industry, entrepreneurs and project developers need access to financing. This panel will focus on creative financing models that can create win-win solutions within the current regulatory landscape. Moderator: Alec Guettel, Co-founder, SungevityPanelistsDoug Beebe, VP of Energy Finance, Key Equipment Finance Eric Cohen, Senior Commercial Relationship Manager, Fifth Third Bank Melissa Malkin-Weber, Green Initiatives Manager, Self-Help Credit Union David Scoglio, Chief Financial Officer, Strata Solar UNC Friday Center • Redbud Auditorium

  2. Alec Guettel Co-founder Sungevity

  3. Key Equipment Finance Energy Finance Overview NC Clean Tech Summit Doug Beebe Vice President, Energy Finance

  4. Clean Energy Finance Trends • Clean energy is financed in many creative ways • Traditional companies are doing it – no longer a fringe business • Renewables are more economical than ever • Shift from environmentalists to business people • Clean energy is growing rapidly and needs your help! • Get involved! • We need more people like you working in clean energy!

  5. Key Bank • Traditional bank succeeding in a non-traditional space • Started in 1858 in Cleveland/ Publicly traded on NYSE: KEY • Top 20 Bank: Among nation’s largest, well-capitalized • $92.9 Billion in Assets • Expertise in customized energy lease transactions • Key Equipment Finance (KEF) is a subsidiary of Key Bank, based in Superior, CO (near Boulder, CO)

  6. Key Energy Practice • $1 Billion + energy portfolio • 80 + wind and solar finance transactions • Financing energy assets since the 1990’s • Leasing and Project Finance • KEF markets the energy lease product

  7. Key Equipment Finance profile Products and services • Key Bank’s Leasing Business • $9.1 billion in assets • $4.3 billion of originations • 540 employees globally • Market specialization: • Energy • Key Government Finance • Information Technology • Healthcare • Specialty Vehicles • Corporate Aviation • Other verticals coming soon! • www.keyequipmentfinance.com Community Bank Local Market Knowledge* Investments Private Banking Retail Banking Loans* Leases* Treasury ManagementDeposits Corporate Bank Industry Expertise* Financial Advisory Capital Markets* Investment Banking *Creates Synergies with Key Equipment Finance

  8. KEF leasing capabilities • Alternative to PPA financing • Incentives belong to the lessee/ end user • 100% Financing • Direct, full-recourse leases and loans • Capital lease / Non-tax lease • Operating lease / Tax lease • Tax structure expertise • Can offer caps for FMV purchase options • Synthetic Lease • Hybrid of Capital and Operating Leases • Loans • 7 – 10-year terms • Transaction size: $250,000+, no maximum • Construction financing • Syndication to broaden tax and risk appetite

  9. PPA and Lease Comparison

  10. Doug Beebe VP of Energy Finance Key Equipment Finance

  11. Eric Cohen Senior Commercial Relationship Manager Fifth Third Bank

  12. Melissa Malkin-Weber Green Initiatives Manager Self-Help Credit Union

  13. David Scoglio Chief Financial Officer Strata Solar

More Related