Intermediary Risk Assuming Vehicles: Financing Geothermal Energy Development Projects
- Key words
- Economics; Finance; Project Risks; Direct Use; USA; Nevada; Brady Hot Springs; Reservoir Definition; Development Risk; Cash Flow; Electric Power; Industrial Process; Project Cooperation; Wellhead Generator; Reservoir Risk; Geothermal Energy Corp; IRAC; Ge
- Location
- Brady's Hot Springs, Nevada
- Conference
- Geothermal Resources Council Transactions
- Year
- 1979
- Session
- Economics; Direct use; Risk management; Financing; Power pla
- Language
- English
Abstract
Intermediary Risk-Assuming Vehicles (IRACs) have generally been presented in the context of electric power generation projects. The author will outline the advances such financing approaches have encountered within the last year and discuss optimized development strategies related thereto. In addition, he will describe the first existing IRAC - Geothermal Food Processors, Inc. - and how such financing vehicles can be adapted to the direct use area of geothermal development.
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