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jmhollen

11/08/10 6:10 PM

#78437 RE: Investool #78436

I beg to differ, while agreeing with you that it is extremely important. Financing may be contingent on several things, that can include a PPA - PUC approved or not. The financier and the client (LLEG or others) negotiate as to what is required, which may not require PUC approval that can basically be a foregone conclusion if the PPA is with a major utility.

If there is a major brick plant, steel plant, paper plant, Ethanol plant, etc., down the road and around the corner - no PPA or other agreement would be necessary at all. One or two large private clients can soak up all the energy produced by a sizable renewable energy facility. A long term "Take or Pay" contract will suffice quite nicely.
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