Wind Energy Market Overview
Wind energy, which is generated by the rotation of wind
turbines, is the second largest renewable energy source in the world.
According to Clean Edge, an industry research firm, wind energy had a
market value of $17 billion in 2006 and is projected to grow to $60.8
billion by 2016.
In 2006, wind energy generated approximately 2,500
megawatts of electricity. In the United States, more than two dozen wind
farms were built, an annual number that is expected to increase as
Renewable Portfolio Standards, Renewable Energy Credit trading and other
private and public-sector clean energy initiatives develop.
Wind energy provides income to farmers and jobs to
rural communities and is cost-competitive with fossil fuels. Its
intermittency is managed by utility grid operators that balance supply
and demand across their energy portfolios.
MMA Renewable Ventures Wind Energy Solutions
MMA Renewable Ventures provides financing for wind energy projects.
Since renewable energy development is capital
intensive, MMA Renewable Ventures provides project developers with
flexible financing options--including 100 percent financing--that funds
project development through the entire lifecycle.
Advantages of Working with MMA Renewable Ventures
MMA Renewable Ventures has deep expertise and proven
experience in financing, developing and operating renewable energy
MMA Renewable Ventures funds wind projects in every
stage of development. We are one of the only companies that works with
energy project developers at the early stage throughout the time until
projects are operating commercially.
For large wind energy projects, we provide cost
competitive financing and tailor finance solutions to meet specific
Critically important, we are able to procure turbines in advance for the projects being financed.
Wind Energy Project Financing Options
MMA Renewable Ventures offers flexible wind energy
financing options to address the needs of community, regional, national
and international developers. For wind energy project developers that
seek financing throughout the project lifecycle, our financing options
can be combined.
- Development Capital —Designed as a partnering
approach between MMA Renewable Ventures and project developers that
focuses on achieving specific development milestones over a one-to-three
year period. This can include co-funding project studies, financial
analyses and negotiations with utilities in return for an equity or debt
stake in the underlying project or portfolio of projects.
- 100% Financing —Designed as ‘one-stop shop’
financing for community or regional project developers that seek 100
percent financing for turbine deposits, turbine milestone payments,
construction and long-term project finance. MMA Renewable Ventures will
contribute 100 percent of the required project capital and provide the
required completion guaranties.
- Equity Placement —Designed for developers that need
to raise project capital and are able to take advantage of wind energy
project tax benefits. MMA Renewable Ventures will contribute up to 100
percent of the equity required for wind projects.
- Project Acquisition —Designed for developers that
want to monetize their position in a project during the development
lifecycle. MMA Renewable Ventures will acquire projects in the early
development lifecycle phase and in later phases.
Depending on project and financing needs, MMA Renewable
Ventures can customize solutions for our customers based on their
Wind Energy Projects Served
MMA Renewable Ventures will provide equity and debt financing for projects as large as 200 MW and as small as 20 MW.