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PROJECT FUNDING FOR PRIVATE OR GOVERNMENT PROJECT

If this option is chosen, the Applicant should place his agreed Cash Funds into a Special Purpose Vehicle (SPV) account (Must be a top 25 Rated Bank) in the Clients name with a director from G Wave Energy named as a Non-Authorized (Nominee) Signatory. 


  • ONLY the client can touch the funds. 
  • Applicant’s banker will confirm this fact. 
  • Funds will be blocked internally for the period of the build.
  • This is based on a minimum amount of 50 million


Upon completion of the build, cash Blocked funds will be returned unencumbered.
There are NO repayments of the Loan and this is a NON-RECOURSE LOAN.

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THANKS
December 12, 2021 at 11:07 PM
NIE Advisory said…
Very Nice Post. I was checking constantly this blog and I am impressed! Very useful info specifically the last part ?? I care for such information much. Thank you and good luck.
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February 7, 2022 at 11:14 PM
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