New Funding Website Caters to Energy Industry, Both Renewable and Nonrenewable

Energy funding demand is always tied to the current state of the economy or energy prices. Gilles Herard, Jr, a merchant banker, is an expert at funding energy projects, whether from renewable or nonrenewable sources, as well as funding research for developing new sources of energy, and announces a newly developed website specializing in this service. End Quote

(1888PressRelease) March 22, 2012 - Energy funding demand is always tied to the current state of the economy or energy prices. When the price of oil is high there will be a much greater demand for alternative energy funding (i.e. solar, wind or biofuels) as rationale is to more easily accept high capital costs of that technology instead of being outweighed by lower costs of exploration of nonrenewable energy projects (gas, oil, coal).

Gilles Herard, Jr, a merchant banker, is an expert at funding energy projects (see website www.energy-project-funding.com), whether from renewable or nonrenewable sources, as well as funding research for developing new sources of energy, and he announces the completion of his new website catering to this industry (www.energy-project-funding.com). This website has been developed to address the energy industry, both renewable and nonrenewable, and as the website demonstrates Mr Herard's level of expert understanding of what's involved in this industry, so it also explains the funding services that are available for these types of projects, anywhere worldwide.

A great feature in funding energy projects is the fact that traditional funding instruments can be and often are used - no special accommodations or arrangements need to be added on to a funding arrangement involving either renewable energy projects (such as solar, wind, hydropower, geothermal, biomass, biofuels) and nonrenewable energy projects (oil, gas, natural gas, coal, etc).

In fact, according to Mr Herard, financing energy projects can be a very simple process and a profitable one for investors, especially if the project promoter/owner has an off-take agreement (agreement in which a third party that has signed a contract guaranteeing that they will be buying the promoter's output for a certain length of time in the future right from the start. This is attractive to investors as it is a guarantee of return on their investment, not to mention that it is also a steady guaranteed payment on the debt of the equipment due to the fact that the energy produced is sold over the long term (thus, there is a guaranteed income). A great feature of many renewable energy projects is that they are very flexible and can be suited to rural and remote areas, which widens the scope of the industry and does not prevent their location from being a hindrance to the feasibility of the project.

Energy itself is a constant and ever-growing need, and while renewable energy is becoming an increasingly viable and favoured energy-producing option for countries around the world, nonrenewable energy is still a vital everyday source of energy and in constant and growing demand..

Mr Gilles Herard, Jr is a seasoned Merchant Banker and has been in the banking industry for nearly 40 years. He worked early in his career at the Toronto Dominion Bank (Canada) and later on joined Manufacturer Hanover (MH) of New York as Senior Credit Analyst. He eventually created his own Firm, Capital Corp Merchant Banking Orlando (www.capitalcorpmerchantbanking.com), where he syndicates and structures funding for top companies worldwide, all the while investing his own firm's funds into the projects. As the head of Capital Corp Merchant Banking Orlando, Mr Herard has become a leading figure in international middle-market project financing and engineers all funding structures for projects. Mr Herard has received numerous awards for his work and other contributions including being appointed to the Presidential Business Commission, Honorary Co-Chairman of the Business Advisory Council, nominated as Executive of the Year by the internationally acclaimed National Register's Who's Who, and having received the Senatorial Medal of Freedom, among many others (www.gillesherard.com/acknowledgements.html).

Mr Herard's vision is to provide middle-market clients the same tailored solutions and funding packages in project financing worldwide by way of equity funding and debt financing - for existing companies as well as start-ups.

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