{"id":6274,"date":"2016-04-21T11:56:45","date_gmt":"2016-04-21T11:56:45","guid":{"rendered":"https:\/\/cleanenergyworld.net\/index.php\/2016\/04\/21\/hydropower-driving-ecuador-towards-100-electricity-generation-clean-energy\/"},"modified":"2016-04-21T11:56:45","modified_gmt":"2016-04-21T11:56:45","slug":"hydropower-driving-ecuador-towards-100-electricity-generation-clean-energy","status":"publish","type":"post","link":"https:\/\/cleanenergyworld.net\/index.php\/2016\/04\/21\/hydropower-driving-ecuador-towards-100-electricity-generation-clean-energy\/","title":{"rendered":"Hydropower Driving Ecuador Towards 100% Electricity Generation From Clean Energy"},"content":{"rendered":"
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The $11.5 million hydropower project <\/span> consists of the construction of a hydropower plant that will have an output of 5.5MW and will be developed in the northern part of Ecuador<\/span>. \u00a0The government provides tax incentives for such projects to encourage the further development of clean energy projects.<\/p>\n

Capital Corp Merchant Banking<\/a> has been much involved in the financing of renewable energy projects\u00a0over the last 15 years, recognizing the importance of clean energy sources and taking particular interest in these types of projects around the world.<\/p>\n

The funding structure it has devised consists of providing its client with US$3.5M<\/span> in common stock, US$8M<\/span> in debenture. \u00a0The method by which this project is to be funded is the brainchild of Gilles A. Herard Jnr. Mr. Herard is a seasoned merchant banker and has been in the banking industry for 38 years. \u00a0As the head of Capital Corp Merchant Banking, he has become a leading figure in international middle-market project financing and engineers all funding structures for projects at Capital Corp. Mr. Herard has received numerous awards for his work and other contributions including being appointed to the Presidential Business Commission, Honorary Co-Chairman of the Business Advisory Council, and having received the Senatorial Medal of Freedom, among many others.<\/p>\n

Capital Corp Merchant Banking offers Merchant Banking services for a variety of projects worldwide. It has developed close working relationships with groups of Professionals: Specialists in Finance, Commercial Risks Insurance and Re-Insurance, International Accounting Firms and Law Firms, and the largest Valuation Firm in the world. It believes its solution-oriented approach and reputation for being a leading flexible funding source in the market in creating handcrafted investment structures to meet the needs of the different constituent groups in each individual transaction, including renewable energy projects. Capital Corp Merchant Banking offers many services: Project Financing, Business Debt Restructuring, Consulting, Negotiating Services, Acquisitions, and Investment Approach.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

The renewable energy project is part of Ecuador’s goal of energy independence and its promotion of clean and alternative energy sources. According to Ecuador’s government officials, 93% of the country’s electricity was sourced from hydro power as of the end of 2015.<\/p>\n","protected":false},"author":2,"featured_media":6276,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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