Finance and Insurance
One of the most important considerations in planning a wind turbine development is to consider financing for the project.
There are two common methods to finance a project of this value, the first is to seek finance secured against an existing asset, and the second is to secure project finance. Project finance is when the lender lends up to 100% of the entire project cost, with the security of the loan being the project itself. This method is preferred as any existing assets are not put in jeopardy at all. For this reason turbine quality is extremely important, project finance is only available for quality turbines.
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