Q1: What is the Debt Protection Programme?
Our Debt Protection Programme is designed to support technology manufacturers with their process through its development stages from design to commercial maturity and deployment within a project through an agreed process of due diligence. (Download PDF
Q2: What is the Project Risk Platform?
Our Project Risk Platform is designed to support project developers who are seeking finance and are required to provide guarantees against the revenues of the project through an agreed process of due diligence that includes the availability of Debt Protection Insurance (DPI™)
Q3: What is Debt Protection Insurance (DPI™)?
Debt Protection Insurance (DPI™) is an insurance-based policy issued by an A-rated insurer arranged by EC3 Brokers Ltd. We undertake on their instructions an agreed process of due diligence within our Project Risk Platform on an exclusive basis, that enables them to provide project developers with;
- Access to a broader lender base.
- Credit rating enhancement.
- Insured pre-agreed expected energy production to support the financing of new assets, refinancing and retrofits.
- Technology endorsement and commercial deployment.
Q4: Can I buy Debt Protection Insurance (DPI™) through my insurance broker?
YES! Contact your insurance broker to request a quote.
Q5: Can your Debt Protection Programme merge with the Project Risk Platform?
YES! The due-diligence is mirrored, in part, by the due-diligence requirement under the Project Risk Platform, which results in the manufacturer being ready and able to offer the range of added benefits provided by the Platform. (Download PDF)
Q6: As a project developer will your Project Risk Platform save me money?
YES! by providing additional security to your project. Our platform provides you with many benefits, such as;
- Higher Debt Investment - lower cost borrowing,
- Control over Exit Strategy - greater retention of shares in the company.
Q7: I have a conceptual idea, how will the Debt Protection Programme help me?
By allowing us to become part of your team from the start, we can work with you to progress from design through fabrication to commercial deployment. With the added benefit of fast-tracking the due diligence required on your technology when selected by a project developer- making your technology more attractive to funders and adding value to your business plan strategy.
Q8: I have a new innovative process, which is operating and has demonstrated its ability, but with an insufficient track record. Can the Debt Protection Programme help me?
YES! This is a typical issue faced by many manufacturers, where their technology has reached a certain stage in its development. Our Debt Protection Programme was created for this situation. The result from the programmes' due diligence is to be able to provide you with the knowledge the due diligence carried out under the programme is transferred to a project under the Project Risk Platform and help your company in exporting the technology to projects abroad.
Q9: Who carries out the due-diligence?
Due-diligence is undertaken by our in-house team and by independent experts TWI and DVN.GL
Q10: Why is the due-diligence process for Debt Protection Insurance (DPI™) exclusive to Allied?
Members of the Allied team have been involved in supporting this insurance product for many years. The resulting due-diligence process was accepted by EC3 Brokers Ltd and the insurers as the procedure that enables them to assess risk.
Q11: I have already engaged consultants to carry out technology and project feasibility reports, can I use these?
YES! But, under all circumstances, we will need to issue a report to gain access to Debt Protection Insurance (DPI™). Our due diligence will take into consideration the information and evidence used in your consultants' reports that would expedite completion of ours.
Q12: How much does the due-diligence cost and how long does it take?
The cost and the period of required due-diligence will depend on the maturity of the project and/ or the technology. There is no charge to review your information and supporting documentation to provide a quote. Our preliminary questionnaire is available online here.
Q13. Will your due-diligence reduce the need for any other due-diligence requirements and insurances?
Due-diligence is required by all the parties involved in a project, including the contractors for project delivery, operations and management contractor, equity and debt providers. according to their individual requirements. However, we strive to bring added value to our process and work with all parties to integrate, as far as possible, the due-diligence carried out. Debt Protection Insurance (DPI™) DOES NOT replace any other forms of insurance required.
We are always happy to answer any other questions which are not shown here. Contact us for more information or request a quote.