Check out Panamanian Waste-To-Energy Project
Of all the clean energy investment opportunities I’ve come across in the last year, I have to put this in my top two or three. It’s a project that will generate electricity from a municipal solid waste site (one plant initially, with two more to follow soon) in Panama. To those who follow this blog closely, this may not sound like something new, since it’s certainly not the first WTE project that has gotten me excited. But check this out:
According to Accenture and PricewaterhouseCoopers, both of which have crunched the numbers, each plant will operate at approximately 50% profit margins, and produce EBITDA of $26 million annually. Best of all, the key–and most challenging– elements to build the facility are already in place; at this point the group needs a small bridge loan to push it across the goal line, in exchange for which they’re offering a huge, extremely generous chunk of equity. (more…)