Offtake agreements are legally binding contracts related to transactions between buyers and sellers. The provisions usually specify the purchase price for the goods and the delivery date, even though the agreement is reached before any goods are produced and any ground is broken on a facility. How...
Offtake agreements are a crucial component of financing large-scale climate technologies. McKinsey research indicates that offtake agreements can play a pivotal role in financing decarbonization projects by providing cash flow certainty and a mechanism for risk sharing. O...
These arrangements are similar to offtake agreements that involve individual airlines but include multiple stakeholders—in some cases, even end customers such as corporations seeking to decarbonize their air travel. Direct investments from individual airlines into suppliers or projects are a viable ...
December:Shopify and other Frontier buyers signed a combined total of $57.1 million in offtake agreements for enhanced weathering (accelerating the natural storage of carbon in rocks) with Lithos Carbon to remove 154,000 tons of CO₂ between 2024 and 2028. This was the world’s first enhance...
Project finance effectively monetizes these contracts, such as through long-term product offtake agreements (e.g., a power purchase agreement, or PPA), or other guarantees of commercial results. Further, a sponsor or loan guarantee (obtained from either a sovereign entity like a national ...
aWe offer a wide range of products to bulk customers in the industrial and transport sectors. EOL has product offtake and infrastructure sharing agreements with oil PSUs, namely Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Indian Oil Corporation (IOCL). ...
Because offtake agreements, availability payments, tender evaluation and evaluation of market performance shouldbe based on an accurate understanding ofall project lifetimecosts. This is where LCOE and LCOS are preferred methods to CAPEX calculations or an NPV calculation that only looks forward a few...
is predominantly in the Congo in Africa. And certainly, the ownership of that has changed a little bi t. Again, China, very strong in its ownership of a lot of these materials or with offtake agreements in place. And then a lot of the processing and cell production is in China today....
offtake contracts. At the same time, most financiers require developers to have long-term agreements finalized before putting shovels in the ground, even for early-stage development. With the lengthy permitting and legal reviews that follow a successful bid, many projects are effectively delayed by...
• Because securing supply will be India's chief concern, we expect that many Indian led deals will resemble typical China-led deals in the period 2000-2007, often structured as private placements (debt or equity) with offtake or royalty agreements. We also expect that some Indian steel ...