4 ms·
> It’s not real funding, it’s a power purchase agreement from something that may never be built! PPAs can be used as evidence of guaranteed revenue when raisin
by danans 2y ago
> It’s not real funding, it’s a power purchase agreement from something that may never be built!
PPAs can be used as evidence of guaranteed revenue when raising funds in capital and debt markets.
That capital and debt is used to develop and deploy the technology.