Flowcarbon reposted this
During this week's CarbonSmart Conversation webinar “From Plans to Project Finance: Lessons for Carbon Removal Developers with Twelve and Fervo” we had an informative deep dive with experts Jimmy Chuang, Dawn OWENS, Madison Freeman, Martin Kessler and Caroline Klatt. These are our key takeaways from the conversation. 🔍 Lender Fit: Identifying lenders who understand your specific technology and business model is vital for project success. This tailored approach can lead to more favorable financing conditions. 🤝 Building Relationships: Strong relationships with lenders foster patience and understanding, which is essential for navigating the complexities of project development. 📈 Credibility Matters: Establishing credibility with potential investors is vital. It can significantly impact the willingness of lenders to finance projects at competitive rates. 🔗 Importance of Agreements: Comprehensive offtake agreements can serve as a financial safety net, unlocking further financing opportunities by demonstrating demand and revenue potential. ⚙️ Engagement with Validators: Collaborating with independent engineering firms and third-party validators is key to instilling confidence in your technology among investors and lenders. 🎯 TRL Alignment: Aligning your technology readiness level (TRL) with the right type of investor ensures that you are approaching those who are most likely to understand and support your project. 📚 Stakeholder Education: Continuously educating stakeholders about your journey not only builds trust but also enhances the likelihood of securing essential project finance. Want to watch the full session? Click the link! https://lnkd.in/eH8T6SGh
