U.S. Wood Pellet Manufacturer Obtains $100M in Funding from Capital Corp Merchant Banking to Produce and Export to Lucrative European Renewable Energy Markets

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The U.S. wood pellet manufacturer wants to develop a production facility and export much-needed wood pellets to European markets, where the market is booming due to EU requirements to generate 20% of their electricity from renewable energy sources by 2020. Currently, about 65% of the total demand for wood pellets comes from Europe.

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Some of the fastest growing sources of renewable energy in the world are the wind, the sun - and the wood pellet.

The deal takes advantage of a growing lucrative renewable energy market throughout the European Union.

The funding structure by Capital Corp Merchant Banking agreement consists of providing the U.S. manufacturer with $99.75 million in funding to develop full-service renewable energy wood pellet manufacturing facilities with the capacity of each future facility to produce up to 160,000 metric tons of CGL certified wood pellets annually. The manufacturer already has a sales and distribution agreement in place for his wood pellets production with a European distributor. This in turn makes the deal much stronger and takes advantage of a growing lucrative renewable energy market throughout the European Union.

Essentially made from forest product ‘leftovers’ such as wood shavings and sawdust, wood pellets offer a renewable energy resource for power generation and residential heating. The U.S. Environmental Protection Agency (EPA) has endorsed wood pellet heat as one of the cleanest-burning and most renewable energy sources available, according to CN Rail. Worldwide demand is expected to double in the next five years as pellet production and distribution represent compelling renewable energy business opportunities.

Europe’s eagerness for more pellets has turned the U.S. into an energy exporter as European government mandates are essential to the increasing use of pellets in power generation and the growing global pellet trade.

The method by which this project is to be funded is the brainchild of Mr Gilles Herard, Jr. Mr Herard is a seasoned Merchant Banker and has been in the banking industry for 38 years. He worked early in his career at the Toronto Dominion Bank (Canada) and later on joined Manufacturer Hanover (MH) of New York as Senior Credit Analyst. He eventually created his own Firm, Capital Corp Merchant Banking, where he syndicates and structures funding for top companies worldwide, all the while investing his own firm’s funds into the projects. As the head of Capital Corp Merchant Banking, Mr Herard has become a leading figure in international middle-market project financing and engineers all funding structures for projects at Capital Corp. Mr Herard has received numerous awards for his work and other contributions including being appointed to the Presidential Business Commission, Honorary Co-Chairman of the Business Advisory Council, nominated as Executive of the Year by the internationally acclaimed National Register’s Who’s Who, and having received the Senatorial Medal of Freedom, among many others.

About Capital Corp Merchant Banking Orlando: Capital Corp Merchant Banking of Orlando offers quality Merchant Banking services for a variety of projects worldwide. Capital Corp Merchant Banking has developed close working relationships with groups of Professionals: Specialists in Finance, Commercial Risks Insurance and Re-Insurance, International Accounting Firms and Law Firms, and the largest Valuation Firm in the world. Capital Corp Merchant Banking is solution-oriented and known for being the most flexible Funding Source on the Market in creating handcrafted investment structures to meet the needs of the different constituent groups in each individual transaction. Capital Corp Merchant Banking offers many services: Project Financing, Consulting, Due Diligence, Evaluation of a Business, Negotiating Services, Acquisitions, Investment Approach, and Presentation Reports as well. For further information, please visit the website.

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Capital Corp Merchant Banking project financingGilles Herard, Jr Merchant Banker. Capital Corp Merchant Banking Orlando