Developers and operators are continuing to initiate and increase their footprint of renewable energy projects across the U.S., often motivated by favorable regulatory, taxation and policy tailwinds. 

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To capitalize on that opportunity, developers and operators in this sector need a financial services partner that understands the array of complexities these enterprises encounter, from securing access to regional transmission organizations (interconnectors), to signing power purchase agreements with power off-takers, land control, and other regulatory and geo-political factors that may influence their operating environment. 

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Bank Hapoalim is one of the leading banks servicing the renewable energy market and as part of the Bank Hapoalim Group, BHI, has the expertise and resources to provide a wide range of lending solutions to companies in this sector, including:

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• Standby Letters of Credit
  Standby Letters of Credit have become a critical building block to any renewable energy project development in the U.S., as they assure the developer’s performance under its agreements with interconnectors and power purchasers. 

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• Project Finance Facilities  
  The Bank provides construction, tax equity bridge loans, and long-term finance to renewable energy projects in a verity of scales, based on the future cash flow of these projects.  

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• Early-Stage Development (Pre-NTP) facilities 
  Well rated and experienced renewable energy sponsors ramping up their development operations in their projects’ early stages will often use an early-stage credit facility, or a Pre-NTP (Notice To Proceed) facility to finance a single project or a portfolio.   

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BHI maintains a large renewable energy portfolio particularly for customers active in: 

• Solar 

• Storage 

• Geothermal 

 

Our bank works extensively with renewable energy companies—everywhere from U.S. companies to Israeli enterprises acquiring a U.S. company or establishing their own operations in the U.S. 

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Our expert team is dedicated to offering actionable recommendations to successfully assist with your project’s development and help guide long-term success of your U.S. operation. 

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We are experienced at providing a seamless continuation of the existing relationship that you may already have with Bank Hapoalim, as well as the best tools to foster your growth within the U.S.