Nola Capital Corporation
Funding for waste-to-energy projects is an area of finance that requires a specialized expertise. As to be expected,
the more operating history a project has, the easier it is to obtain financing on terms that are acceptable. However,
even a startup can be financed if the right ingredients are in place and it is a strong project.
Projects We Particularly Like
We are most interested in projects where we can take a portion of our compensation in the form of a long term
participation in the project’s future profitability.
We talk to people all the time with waste-to-energy and renewable energy projects who have been looking for
months and even years for someone to finance them. We do our best to identify those projects that make business
sense and can be funded on reasonable terms. If someone has the ingredients to present a deal that investors can
get comfortable with, they need to go ahead and make the effort to get funded.
There are a number of ways to finance these situations, however, the initial information we need to review will
include financial modeling, a business plan, a technology overview and other items that explain the project and
support the need for capital.
Uses For Financing
- Expansion of an existing project
- Raising additional working capital by monetizing existing assets
- Cashing out shareholders
- Financing construction and initiating the operation of a new project
Renewable Energy Financing
- Wind Power
A major issue for many projects is whether or not there is a sufficient amount of cash equity invested to make
investors and lenders feel comfortable. If a project requires equity, we can assist with that need and bundle it
with additional debt financing.
- There is normally a minimum of 20% cash equity required in a project with a more comfortable amount being
30%. That means 70% to 80% debt financing. Unlike other funders, we can provide both the equity and debt
financing in the proper amounts to fund a project.
- It is preferred that the technology be proven. Patents on the technology are helpful. If the technology is new, a
technology insurance wrap may be used and we can also assist with arranging that coverage.
- Financing can be arranged for up to 40 years.