Bankability
Built to be bankable
Five independent engineering studies, commissioned by insurance, banking and EPC partners, all reached the same conclusion: the system works as designed.
Insured performance
AON, Ariel RE and Lloyd’s of London will issue a 10-year Technology Performance Wrap Policy and a Technology Repair Policy on E3i BioRefinery® projects.
- AON
- Ariel RE
- Lloyd’s of London
Performance assurance
E3i BioRefinery®- Independent engineering studies
- 5
- Technology performance wrap
- 10 years
- Underwriters
- AON · Ariel RE · Lloyd’s of London
- Obligations met at
- 50% performance
- Research & development
- 12+ years · $12M+
- Trademark & provisional patent
- 2022
Stress-tested at half capacity
Project financial models show the plant still meets all of its financial obligations when the system runs at only 50% of design performance.
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