Financing solutions for
Merchant Renewable Energy Projects
5-year Bullet Financing from Euribor +3%
Preliminary financing proposal in 48h | Confidential process
European Investment Fund Backing
In the event that financing is channeled through a Bond issuance, this instrument may be backed by the European Investment Fund (EIF), which would offer a guarantee of up to 80% in case of default, significantly reinforcing investor or bondholder security and confidence.
Bridge Debt Energy Program
Institutional-grade structured financing solution developed by Alter5 in collaboration with leading financial institutions to support utility-scale renewable energy projects.
Flexible 5-year financing
Interest-only payments; principal repaid at the end of the term
Maximize your Project's Value
Sell, refinance, hybridize, or secure a PPA when the market recovers.
Direct loan to the SPV
Contingent guarantee only activable in case of default.
Financing Structure
Bridge financing for utility-scale renewable projects. Senior debt structure tailored to the asset's risk profile.
Reference rate indexed to 3M/6M Euribor with competitive spread. Final pricing subject to credit due diligence and guarantee structure.
Bullet structure with periodic interest payments. Principal repayment at maturity or refinancing through permanent senior debt.
Prepayment flexibility with no fee from month 36. 1.5% penalty on prepaid principal during the first 35 months.
Financing up to 80% of project value, subject to sponsor credit quality, financial model robustness, and guarantee structure.
One-time 2.5% structuring fee on the principal, payable at initial disbursement. No recurring management fees.
Cash sweep of surplus liquidity aimed at optimising the debt profile. Subject to financial covenants (minimum DSCR 1.20x) and the agreed cash waterfall structure.
* Terms subject to approval and evaluation of your financial profile.
Guarantees
Standard Project Finance Package
Standard project finance security package: pledge over assets, assignment of receivables and contracts.
Contingent Guarantee*
Additional guarantee from the owner or third parties activated only in case of default or at maturity.
Depending on the guarantor's creditworthiness, it can be structured as:
Comfort Letter
Private contract between the parties.
No CIRBE consumption
The guarantor maintains their borrowing capacity intact.
Bank Guarantee
Standard corporate guarantee within the traditional financial guarantees framework.
*Required only in certain cases, subject to evaluation.
Application Process
End-to-end digital platform | Indicative Term Sheet in 48 hours
Required Documentation:
Project or portfolio information
Installed capacity (MW), generation history (P50/P90), CAPEX/OPEX structure, and active PPA contracts
Identification of the borrowing SPV
Legal name, Tax ID, and capital structure of the entity holding the assets
Audited Financial Statements 2023-2025
Balance sheet, P&L, and cash flow of guarantor entities. IFRS or local GAAP format with explanatory notes
Confidentiality and information protection
All information provided remains under strict confidentiality until execution of the definitive Term Sheet, which includes non-disclosure and non-circumvention clauses. For cases requiring information exchange prior to Term Sheet execution, a bilateral Non-Disclosure Agreement (NDA) is available.
Structuring process
Upon receipt of complete documentation and preliminary validation by the Credit Analysis team, an Term Sheet non-binding indicative will be issued within 48 business hours, detailing proposed debt structure, pricing grid, financial covenants, and conditions precedent.
Request a Financing Proposal
100% online process | Indicative Term Sheet in 48 hours