INNOVATION.

As of today, GreenBoost® is the only service which guarantees both wind & availability for a project over a period of 10 years enabling to safeguard returns and enhance bank cases.

Wind projects are great infrastructure to have in a portfolio as they have low and predictable costs (20% of revenues), high gearing ratios (up to 80%) and long-term PPA.

However, wind projects carry some risks:

• Wind is highly volatile from year to year – with a direct & definitive impact on revenues
• Wind turbines are electro mechanical machinery requiring maintenance and constant monitoring having a direct impact on availability

Wind guarantee

The Wind guarantee mitigates the volumetric risk due to variability in the average wind speed, leading to a variability in the volume generated, relative to the expected historical average generation level, with term up to 10 years.

Availability guarantee

Based on the availability guarantee provided by the turbine manufacturer we define a guarantee leveled at 1 percent above.

At the end of each year, a calculation of the availability is performed, and used to determine what guaranteed availability thresholds have been reached.

In the eventuality of below-par turbine availability, GreenBoost® will pay the customer compensation equivalent to the shortfall. However, should availability exceed expectations, the customer will keep 100% of the upside.

GreenBoost® provides project owners with the availability to determine the exact annual revenue of a given wind farm during the contract period.

Reducing financial risk in this manner not only guarantees smooth returns but also increases those returns by enhancing the financing terms of a project.