B.O.O.T. Financing
Ormrod are pioneers in providing innovative and flexible finance packages for Power Generation projects and have, in close liaison with their international bankers, developed a proven Build, Own, Operate Transfer "BOOT" method of financing power station development.
With Ormrod's "BOOT" financing scheme, OPWI incur the full risk of designing, building, and operating the power station.
The photo below shows typical financed installation
The client only pays for the power used, when it is used (i.e. power by the hour), while still maintaining full control over distribution policy and power tariff pricing.
Capital funding is not required and the money released by adopting a "BOOT" scheme can be used on other important infrastructure needs.
When collected efficiently, tariff revenue can be banked before power payments fall due making the scheme totally self-financing.
The key to sucess of this now proven scheme is not only the extremely low capital cost from remanufacturing the power generation equipment, but also the savings achieved from using proven fully updated equipment designs which are renowned for reliability and longevity.
With capital input and operating cost kept to a minimum, an OPWI "BOOT" scheme can be implemented with minimum affect on the electrical trariff rate even in heavily subsidised situations.
The photo below shows the control room of a typical financed installation.
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