Thanks to our strong financial performance and to our in-house expertise and vast experience, we are able to propose an innovative financial and technical offering that blazed a trail in the energy industry.
What is BOOT?
The BOOT (build-own-operate-transfer) model has existed for many years in the IPP (Independent Power Producer) space. Its most salient feature is that at the end of the contract, the complete ownership of the power plant asset is transferred to the client.
Whereas, for medium and shorter-term projects, the option in most cases until now has only been rental. In contrast to a BOOT contract, at the end of a rental, the power plant is demobilized and the equipment returned to the provider.
However, in a significant number of cases, the same temporary power plant could be needed soon again by the customer after the end of the rental term. The customer would need to enter into a new contract, often at a higher cost. This represents a real challenge for customers.
In recognition of this gap in the market, and with the best interest of the various industries we serve in mind, we innovated a financial and technical offering, introducing the IPP BOOT model to medium- and shorter-term, small to large power projects.
We are the pioneers in applying the BOOT model to medium- and short-term, small to large power projects
A BOOT contract enables our customers to avoid associated expenses and challenges in redeployment, and gain ownership of the power plant
asset at the end of the contract.
In Part 2, we will have a closer look at specific financial and technical advantages of BOOT and explore how our BOOT offering is the perfect solution to your multi-megawatt power requirement.
If you’re interested to know more about BOOT, please contact our Regional Executives. Alternatively, you may leave a comment and your details on this post and we will get back to you in no time!
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