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And the bank stands to lose far more money than the company they have lent to who will just fold. In renewable energy it is actually common for the funding ins
by 7952 2y ago
And the bank stands to lose far more money than the company they have lent to who will just fold.
In renewable energy it is actually common for the funding institutions to be paid a cut of the profits and to have no recourse to repossess assets. They take all the risk because they provide all the funding. The job of the actual developer is to provide a project worth funding.