Energetic Capital has successfully completed its first deal involving fuel cells, building on its previous work with energy efficiency and combined heat and power systems. The fuel cell systems will help a major domestic manufacturer save energy and improve its resilience. The financing was made possible by a key policy that met the credit requirements of lenders, even for a partner with a below-investment-grade rating.
Jeff McAulay, co-founder and CEO of Energetic, said “This is an excellent example of the breadth of our capabilities. Financing for impactful decarbonization projects should not be limited by credit rating. Innovative insurance solutions like this will be important as global demand for electric power grows and more companies focus on resiliency and sustainability”
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