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Friday, 01/20/2023 4:50:33 PM

Friday, January 20, 2023 4:50:33 PM

Post# of 27612
I recently completed an assignment for a middle sized WTE operator. The debt side of the project was in the 60 to 70 percent range of the total capital cost. The funders were a group of bank managed ESG funds. The challenge for the operator was coming up the the balance as paid in cash equity. In the case of our company, if a plant costs say 30 million, we would need to find equity or sub debt for 10 million. Using the current market price, that is a lot of dilution for a single plant.
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