Financing
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Capital Purchase
An Outright purchase may benefit your company in the form of accelerated depreciation and tax incentives both at a federal and state level.

Lease Purchase
Lease purchase agreements allow for a payment plan over time and are structured as a set dollar or fair market value buyout.

Power Purchase Agreements
Renewable energy solutions often require financing. Enrecon will assist you with the selection and oversight of Power Purchase Agreements (PPA) or Energy Service Agreements (ESA). In many instances, these types of agreements are characterized as a transaction that requires no capital investment on the part of the host site.
A Power Purchase Agreement is also "behind" almost every power plant. A PPA is a contract involving the generation and sales of electricity - which is normally developed between the owner of a power plant generating the electricity, and the buyer of the electricity. PPA's can be quite lengthy agreements that may exceed 100 pages in length and take several months to even years to finalize.

The basic information contained in a Power Purchase Agreement include the following items:

* Definitions
* Purchase and Sale of Contracted Capacity and Energy
  (such as steam, hot water and/or chilled water in the case of cogeneration and trigeneration plants
* Operation of the Power Plant
* Financing of the Power Plant
* Guarantees of Performance
* Penalties
* Payments
* Force Majeure
* Default and Early Termination
* Miscellaneous
* T&C's

For more information about Power Purchase Agreements and Energy Service Agreements, or other forms of financing, contact Enrecon for more information.