Financing options for biomass energy systems: Volume 2

Technical Report · Tue Apr 01 04:00:00 EST 1986

OSTI ID:6673754

This manual on financing alternatives for funding biomass energy systems was prepared through funding provided by the Southeastern Regional Biomass Energy Program (SERBEP), which is administered by the Tennessee Valley Authority for the US Department of Energy. It is intended for use by private industry in evaluating the attractiveness of biomass systems as an alternative energy source. The manual focuses on considerations, alternatives and issues involved in obtaining project funding, discusses the major financing options and their tax implications. Basically, in attempting to finance any project, a company must convince a lender (or some representative of a lender such as a bond underwriter) of the creditworthiness of the company and the soundness of the project. Each lender has his own definition and criteria for ''creditworthiness.'' These typically involve measures of earning power and/or measures of the kinds of assets (property, inventory or accounts receivable) a company possesses. It is important for a potential borrower to have a sense of the criteria these lenders use and the effect that each method of financing will have on the company's profitability. This manual is intended to guide companies through analysis of the financing considerations of a biomass project, which are distinct from the operating considerations. 7 refs.

• Research Organization: Tennessee Valley Authority, Muscle Shoals, AL (USA). Office of Agricultural and Chemical Development; Coopers and Lybrand, Atlanta, GA (USA)
• DOE Contract Number: AI01-83CE30792
• OSTI ID: 6673754
• Report Number(s): DOE/CE/30792-T34-Vol.2; ON: DE87007869
• Country of Publication: United States
• Language: English

Related Subjects

09 BIOMASS FUELS
090400 -- Solid Waste & Wood Fuels-- (-1989)
140504* -- Solar Energy Conversion-- Biomass Production & Conversion-- (-1989)
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
299003 -- Energy Planning & Policy-- Unconventional Sources & Power Generation-- Other-- (-1989)
BIOMASS
ENERGY SOURCES
FEDERAL REGION IV
FINANCIAL INCENTIVES
FINANCING
FUEL SUBSTITUTION
NORTH AMERICA
RENEWABLE ENERGY SOURCES
USA