BTEC webinar delves into biomass project financing

Biomass Power and Thermal
By Anna Austin June 29, 2011

The development or timeline cycle for a biomass project is typically three or more years, according to Greg Montgomery, managing partner at Abundant Power, a financial services company.

Financing for each project stage is different, comes at different times, and includes development capital, construction capital, permit capital and operations capital. “Biomass project financing is a technique that is used to finance capital-intensive projects that are either difficult to support on a developer’s corporate balance sheet, or are more attractive when financed separately,” Montgomery said.

Montgomery was one of three presenters during a free Biomass Thermal Energy Council webinar held June 29 and titled Biomass Thermal Finance: Options, Steps and Resources for Biomass Project Development.

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