FOAK Projects
topic on 2 shows · 3 statements across 2 episodes
3 statements about FOAK Projects, every show
Fernandez: Infrastructure investors back FOAK projects for multi-project platform deployment options
“What we've seen is most of these infrastructure investors really play for the platform, right? I'm putting X hundred million dollars in the first project. What I really want to do is put a billion dollars into your next two or three projects, and a lot of them…”
Kann: Climate startups must plan FOAK projects before demonstration plants operate
“You need to be developing your first of a kind project well before your demo is operating, and certainly before your demo has six months of operational data, because you don't have time basically to wait around.”
Fernandez: FOAK climate projects cannot access traditional project-level debt
“As far as debt goes, we haven't seen it. We've seen people be able to raise debt at the corporate level via, via venture debt or via corporate debt. Now, those are very low leverage numbers, right? They're not the 80, 95% that, you know, you will get in solar.”