Nola Capital Announces New Financing Guidelines for Waste-to-Energy and Renewable Energy Projects

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Both equity and debt financing are now available for U.S. projects.

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There is an incredible amount of money looking for a good place to be employed in the waste-to-energy and renewable energy industries

Nola Capital Corporation, specialists in alternative capital financing and non-conforming financial solutions, has recently announced that its waste-to-energy and renewable energy financing program for new U.S. clients has been expanded to include equity financing as well as debt financing. This program had previously been available only to existing clients.

“There is an incredible amount of money looking for a good place to be employed in the waste-to-energy and renewable energy industries,” stated Art Housholder, Managing Director of Nola Capital Corporation. “The challenge is to identify those deserving projects that have the ingredients for a successful venture and are operated by management teams who have both short term and viable long term goals.

Waste-to-energy financing can be provided to many types of alternative energy including incineration, gasification and pyrolysis.

Attractive financing can also be provided to renewable energy projects including hydropower, biomass, solar and wind power.

Up to 40 years of financing can be arranged on qualified projects.

“We prefer projects that have a proven technology and patents on the technology are a definite plus”, added Housholder. “If the technology is new, a technology insurance wrap may be required. Projects selling electricity require a PPA and if a project produces a product other than electricity, purchase orders from reputable customers are required. It’s all pretty straight forward; funders want to see the ability to repay a loan or provide a good return on their equity investment”.

Nola Capital Corporation has a network of financial, legal and engineering firms that it works with to identify good projects, finance them and position them for long term 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”, added Housholder. “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”.

About Nola Capital Corporation

Nola Capital Corporation was founded in 1978 and works with projects in the United States. Depending upon a particular project, the company may act as a funder, a table underwriter or a capital partner in a financing for private or public projects. For further information please visit the Company’s website http://www.nolacap.com.

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