"People are scrambling because it's a really tough economy out there, "said Adam Boucher and founder of Adam Capital Inc., which directs the Ethos Green Energy Asset Finance fund.
Investor are standing at the doors of banks looking at projects. the challenge is when stimulas money is involved. The window is tight. The challenge is, we can't sit back on our heels.
Companies banking on stimulas funds to offset 30 percent of their construction cost must line up the rest of their funding before the deadline set by the American Recovery and Reinvestment Act. Only 19 month left and the credit market stilll tight in the wake of last year's lending implosion, it's a daunting task...quoted from the Phoenix Business Journal
The State of Texas Renewable Energy offers a Free WORK SHOP "Where To Find Financing
for Renewable Energy Projects in Rural Texas" May 18th Call 512-936-7878 limited seating.
Hope to see you there! Angela
Tuesday, May 12, 2009
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