AHEB Investment Group Assists with Funding for Major European Bioethanol Project
By Aheb Investment Group, PRNESunday, May 23, 2010
LIMASSOL, Cyprus, May 24, 2010 - AHEB Investment Group (www.ahebgroup.com ) is pleased to announce
its involvement with a major European company at the forefront of a large new
development project for bioethanol production.
This key environmental project involving construction of a bioethanol
plant will develop several large rural areas enabling them to produce fuel
from natural resources, giving farmers and local land owners renewed
livelihood as well as providing much needed employment in the areas
concerned.
AHEB's role has been as a key party in the process for arranging
financing for the project to proceed, in particular in providing collateral
against the principal and interest for the funding loan required.
Through trusted relationships with its extensive network of individual
and professional investors, AHEB can provide major projects such as this
bioethanol one, with potential providers of guarantees and collateral
required for their loan from a pool of investors who are seeking business
ventures and projects to fund.
AHEB's specialist team has also over the years developed strong ties with
some of the world's leading global financial institutions, and through its
experience in setting up complicated financing solutions, has a thorough
understanding of the complex funding application and approval process. As
such it is able to advise clients during this key process of how to best go
about their loan application and assists its clients by reducing the
perceived lending risk of the banks involved.
This was exactly the role AHEB assumed during its client's bioethanol
project funding application process, whereby AHEB were instrumental in
negotiations with the banks and through setting up collateral against the
client's loan via the AHEB partner network of investors.
The lending bank involved has now agreed the loan arrangements with AHEB
in order to fund the client's bioethanol project and the meeting in order to
formally close the transaction is to take place during the week of 24-28 May
2010.
Project funding is due to happen in 3 stages - with the client company
receiving 70 million euros during the first stage, 50 million euros during
the second stage and at the final stage, the remaining 30 million euros.
Complete project funding is expected to take place within 45 days, and after
this time, confidentiality clauses will be lifted and the name of the company
will be released to the public as well as more specific details on the
proposed bioethanol project.
About AHEB Investment Group
AHEB Investment Group was founded in 2008 aiming to provide professional
support and consulting regarding financing to businesses of large and medium
size but also start up enterprises. AHEB specializes in assisting the
development of large commercial and industrial projects by offering financing
solutions and advisory support. Successful projects include real estate
developments, construction including large hotels, energy based projects
covering power plants and oil rigs with other major purchases of ships and
aircraft. AHEB's relationships with principal global and regional banking
institutions assist businesses in arrangement of collateral via its network
of investment partners. For further information about AHEB Investment Group,
visit www.ahebgroup.com, email info@ahebgroup.com or call
+1-347-4166069.
For further information about AHEB Investment Group, visit www.ahebgroup.com, email info at ahebgroup.com or call +1-347-4166069.
Tags: Aheb Investment Group, Cyprus, Limassol, May 24
May 25, 2010: 12:23 am
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