From construction costs and equipment deposits to procurement, permitting and interconnection fees, it's the capital you need to get your project to COD.
OEMs just want to fund their equipment. Banks may do more, but it's still usually less than you need, isn't it? (And they ask so much in return.) With the Developer Growth EngineTM, you can get up to 100% of your construction capital requirements.
With access to 100% of the construction funds you need up front, you can make cash purchases on equipment, potentially saving you $0.02 to $0.05 per watt on procurement alone (depending on how purchases are made).
Greater upfront access to construction funds will enhance your cash position. And what streamlines and accelerates a construction process more than timely cash payments to utilities and trusted EPC partners?
With Empower's Developer Growth Engine, you'll have no balance sheet debt. Better still, all fees are paid back after the sale of your project, rather than in advance at intervals or milestones.
The Developer Growth Engine gives you unique, efficient, single-source access to a full-spectrum of financial services from project concept to commissioning and beyond.