Financing with loans secured by project assets, also known as project finance, has as distinctive feature that the main guarantee is the project cash flow. Therefore there is a limited recourse to the customers. This kind of financing is mainly employed in projects carried out in regulated markets, especially in the generation of electricity with the feed-in tariff established by law.

When this type of financing is applied to electrical energy generation projects, two topics are of paramount importance: the accurate calculation of the renewable resource that is available and the strict compliance with the applicable regulations, in order to maintain the right to the tariff through the project lifespan.

Financing entities request the participation in the projects of an Independent Technical Advisor (ITA) and an Independent Supervisory Entity (ISE), with the goal of providing confidence in the quality of the project and in the forecasts of the economic study. Novatec Asesoría has the necessary calculation tools and know-how to perform both activities, from initial due diligences to final certifications.