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PROJECT FUNDING FOR PRIVATE OR GOVERNMENT PROJECT

 A 20% Shareholding of the Project holding Company in favour of G Wave Energy 


If this option is chosen, the Applicant should issue Cash/Bank Instrument/Sovereign Bank Guarantee in favour of our subsidiary  for the amount agreed upon. This is based on 10 % to 50 % of the build costs.

This will be considered as a Holding Deposit for the period of the build.
Upon completion of the build, cash funds or Bank Instruments as provided are returned unencumbered.

There are NO repayments of the Loan, nor is there any interest due as this is covered by the 20 % shareholding.
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THANKS
December 12, 2021 at 11:08 PM
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