Overview

• Nexterra, a Canada based provider of proprietary biomass gasification process equipment, looked to undertake a pipeline of biomass power projects in the UK with a total planned installed capacity of 50-55MW.
• SDCL was mandated to advise Nexterra across a range of their activities in the UK

Approach

SDCL provided specialized strategic and financial advisory, including:

• Designing and implementing equity framework arrangements with institutional investment partners;
• Drafting of offering materials;
• Advising on potential PPA counterparties;
• Support in identifying and arranging stapled financing facilities for the equity framework;
• Identifying investors and coordinating due diligence efforts; and
• Closing of capital commitments

Outcome

• SDCL was able to successfully secure a capital partner