Post by
shneps on Nov 30, 2024 1:35pm
Project Risks
Project Risk
- Availability of tax credits (Montalva)
- Interest rates at time of project financing
- Tax equity investor market, availability and pricing
- Uncertain financial markets and sponsor equity requirements
- Credit rating of off-takers (PREPA)
- Escalation of equipment cost such a wind turbines, battery storage and solar panels including import tariffs.
- Escalation of construction materials and EPC cost
- Increased labor rates - Availability and timely delivery of key equipment
- Timely completion of interconnection by the transmission provider
- Weather related and force majeure events
- Labor disputes and work stoppage
- Receipt of timely and applicable rights and permits
- Construction delays and cost overruns
- Housing prices are subject to fluctuations that are beyond the Company’s control
- Environmental and other regulatory requirements may add costs and uncertainty
- Availability and cost of insurance including hurricane insurance for Montalva
- Insurance policies that may be insufficient to cover losses