Our approach to project finance has two primary components. We apply our significant financial strength to our projects, and we use sophisticated models to minimize risks and increase returns.
Our Financial Position
Our company financials position us to develop large projects. Since our launch in 2009, we have accumulated significant cash reserves, and we have no corporate debt.
Innovation for Reduced Risk and Increased Returns
We take great care to understand the financial, energy markets, operating, and governance risks involved with each project. We have developed proprietary models that help us to evaluate a range of options and optimize a project's cash reserves and debt sizing, as well as identify whether another party is better suited than Pattern Development to take a particular risk. We have also created innovative financial structures that maximize the potential of production tax credits and other tax attributes of renewable energy projects, which have meaningful impacts on the bottom line.