At Eco2 we like to turn the dream of renewable energy into reality. The problem we had when we came to finance our landfill gas projects was that the value of the assets involved were nothing compared to the value of the project.
"Bank of Scotland Corporate looked at the projected income stream rather than the assets – this meant far better security for the bank and gave us an opportunity to raise a lot more capital. It was a unique approach to the problem. Eco2 was looking for 2 million pounds worth of funding. Project financing at this level is difficult because the set up costs are so high. Bank of Scotland Corporate streamlined the process, giving us a cost effective solution. They were exceptionally flexible.
"We're currently developing 250 megawatts of projects and the bank's support has meant more money going back into the pot for the future. And that really is renewable energy.
Now you have listened to what our customers have to say, perhaps you'd like to hear what we can do for your business. Why not call us on 0845 608 7882†? (Mon-Fri 9am-5pm).