Attorney outlines ways to attract biomass project investors
Biomass Power & Thermal
By Erin Voegele November 04, 2011
Attracting investment is a key component of getting any biomass-related project off the ground. During the 2011 Southeast Biomass Conference & Trade Show in Atlanta this week, Kate Bechen, an attorney with Michael Best & Friedrich LLP’s Energy & Sustainability Industry Group, outlined what investors and creditors look for when considering investment in biomass projects.
According to Bechen, investors are looking for five main components when reviewing investment opportunities in biomass. They want to see a strong, polished business plan, she said. They also want accurate and credible revenue projections. A reliable source of feedstock is also imperative, as is an effective technology and good project site.
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