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Cindy Thyfault, Founder and CEO
Pacific 2012 International Maritime Conference
Sustainable Maritime Fuels
Sydney, Australia
February 1, 2012
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Westar has assisted clients in obtaining over $680 Million in financing.!
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•! State & Federally Charted Banks!
•! Investment Banks!•! Equity Providers!•! Family O"ces &
Hedge Funds!•! International
Development Banks!
•!Traditional & Investment Banks!
•!Venture Capital Companies!
•!Multinational Corporation!
•! Family O"ce & Hedge Funds!
•!Oil & Gas Companies!•! Food Production
Companies!•!Air Transport
Companies!•!Air, Land, & Water Fuel
Users!
•!Biofuels & Bioproducts!•!Renewable Power!•!Value-Added
Agriculture!•!Water Production &
Recycling!•! Smart Grid
Technologies!•! Sustainable Fiber
Production!•! Energy E"ciency
Technologies!•!Transformational
Technologies!
Technology
Providers &
Stakeholders
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Banking &
Finance
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Source: Kachan & Co. !
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Source: Bloomberg New Energy Finance!
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Source: World Economic Forum Report, “Sustainable Transportation Ecosystem.”!
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Source: World Economic Forum Report, “Sustainable Transportation Ecosystem.”!
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Source: World Economic Forum Report, “Sustainable Transportation Ecosystem.”!
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•! Capital Cost of Commercial Facility
•! Long-term Sales Contracts
•! Long-term Supply Contracts
•! Scale-up Risk
•! ASTM Certification
•! Bank Syndication
•! Debt Interest Rate
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Step One – Development
Phase!
Step Three – Lender & Government Approval!
Step Two – Evaluation Phase!
Tech.
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Equity
Provider Offtake
Provider
Feedstock
Provider
Project
Site
Fuel
Cert.
Feasibility
Study
3rd Party
Eng.
Report
Gov’t
Assistant
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Lender’s
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Conditional
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USDA 9003 Program Highlights:
•! 80% Loan Guarantee up to $125 million
•! Long-term financing up to 20 years
•! Non-recourse financing
•! Minimum of 20% equity contribution
•! Lender of record must hold 7.5% of loan
•! US and Foreign Ownership both qualify
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