Hydro Power Plant Project in Ecuador Obtains $11.5M Funding Agreement from Capital Corp Merchant Banking
The renewable energy project is part of Ecuador's goal of energy independence and its promotion of clean and alternative energy sources. According to Ecuador's government officials, 93% of the country's electricity was sourced from hydro power as of the end of 2015.
By: Capital Corp Merchant Banking
Capital Corp Merchant Banking has been much involved in the financing of renewable energy projects over the last 15 years, recognizing the importance of clean energy sources and taking particular interest in these types of projects around the world.
The funding structure Capital Corp Merchant Banking has devised consists of providing its client with US$3.5M in common stock, US$8M in debenture. The method by which this project is to be funded is the brainchild of Mr Herard. Mr Herard is a seasoned merchant banker and has been in the banking industry for 38 years. 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: Capital Corp Merchant Banking offers quality Merchant Banking services for a variety of projects worldwide. Capital Corp Merchant Banking has developed close working relationships with groups of Professionals:
CCMB Business Development Dept (CCMBBD)