Description

Preliminary contracts for raw material procurement are in place. The technical side of the project is ready, and suppliers for components are confirmed. The project owner is an experienced operator of biogas plants. This company will provide EUR 2.3 million of its own equity and will manage the biogas plant both technically and economically. The planned project completion date is November 30, 2020, provided that financing is secured by December 20, 2019. To obtain bank financing, the shareholders' equity must amount to at least 50% of the project cost. This means that the additional required equity capital must be at least €2.95 million. The photo is neutral.