Provision Of Late Stage Development Financing
In addition to purchasing existing small power production facilities, Ampersand provides late stage development equity to new projects and for the expansion of existing facilities. When providing late stage development equity, Ampersand generally seeks a minimum 50% equity interest, return of initial investment at closing of permanent financing, and control or input into all negotiations regarding permanent financing and sale of the output from the facility. Ampersand will consider taking on some permitting risk, and will consider merchant facilities. In addition to providing equity, Ampersand is also able to contribute significant intellectual capital to the project, given the extensive global experience of Ampersand principals.