Topic:"Financing Alternatives" in M13042

16.9 Inability to Secure CIB or SREP Funding a) If the Seller has indicated in its Proposal that it had relied upon obtaining either CIB debt financing or SREP grant funding in the preparation of its Proposal, and has used Commercially Rea...

AI summary Section 16.9 outlines the process for a Seller to terminate the Agreement if it is unable to secure CIB debt financing or SREP grant funding within 120 Business Days after the Effective Date, including conditions for termination, NSPI's review and consent, and the release of obligations upon termination.

FORM OF PROJECT LENDER AGREEMENT THIS AGREEMENT made as of this ⚫ day of ⚫, 20⚫,

AI summary This document outlines the form of a Project Lender Agreement, which is a legal document establishing the terms and conditions under which a lender provides financing for a specific project. The agreement is being made as of a specified date in 2020.

1.5 Federal Funding - a) Proponents are encouraged to explore all federal funding opportunities to make their Energy Rate more competitive, including any available investment tax credits, Canada Infrastructure Bank (" CIB ") financing, and...

AI summary The document outlines federal funding opportunities for Energy Rate projects, including tax credits, CIB financing, and SREPs funding. It notes ongoing discussions between DoE and CIB regarding potential offerings for the RFP, with details to be available after the RFP is issued in September 2026. SREPs funding is conditional on meeting eligibility requirements and requires a written contribution agreement before financial contributions are made.

2.11 Financing Plan - a) Proponents must submit a Proposal that includes a financing plan (the " Financing Plan "), that demonstrates the Proponent possesses the financial capacity or support to construct and operate the Project. For the P...

AI summary The Financing Plan must be included in a proposal for a project, outlining total costs, operating expenses, capital structure, relevant tariffs, and government-sponsored funding. This ensures proponents demonstrate financial capability to construct and operate the project.

Proposals that can demonstrate a reduced risk with respect to financing the Project are eligible for financing points to a maximum of four (4) points as described in the table below [Prescribed Form: Financing].

AI summary The text discusses eligibility criteria for financing points, where proposals demonstrating reduced risk in financing the Project can receive up to four points as outlined in the prescribed form for financing.

Scored Criteria Points Financing Available 4 points The Proposal demonstrates the Proponent or a Control Group Member of the Proponent has the ability to 100% Self Finance the Total Project Costs for the Primary Project Configuration. OR T...

AI summary The proposal must demonstrate the proponent's ability to self-finance the project or include credible financing plans with soft commitments covering 100% of the project costs, excluding government-sponsored funding.