Bankable business case
Part 2 of 3: Meeting the hydrogen mandates in time
Ask any Nordic hydrogen developer what stands between their project and a final investment decision, and you’ll most likely hear the same answers: capital costs that grew between concept and FEED, financing that wants to see everything de-risked, and a timeline where every month matters to meet the demand in time.
Start-ups with industrial scale financing needs
Green hydrogen is a new and growing industry. The financing needs for a new project can be hundreds of millions or more. An industry stakeholder recently described hydrogen projects as start-ups with industry scale financing needs. Electrical infrastructure is a significant part of any hydrogen based project. High-voltage connection, main transformers, distribution transformers, cabling, protection and control. It is essential, but typically not the project owner’s core business. This is where Aurora Infrastructure comes in.
Infrastructure as a Service
Aurora’s model is simple: We design, finance, build, own and operate industrial scale electrical infrastructure, and offer it as a service to our customers. Working with us can speed up investment decisions, help meet demanding implementation timelines and support efficient and reliable operations.
- Speeding up investment decisions: In the Aurora model, the electrical infrastructure investment leaves the CAPEX stack and becomes a predictable operating cost. This means less capital to raise, a smaller equity cheque, and generally better story for lenders who want to minimize the project and infrastructure risk.
- On time and within budget: With more than a decade of experience with demanding industrial customers, we deliver our projects on time and within budget. When we handle the electrical infrastructure, the developer can focus permitting, developing the core process and off-take agreements.
- Efficient and reliable operations: Every hour of downtime translates to hydrogen or e-fuels not produced. Our networks run at 99.999% availability. That is revenue insurance as best.
Clock is ticking – act now
The regulation-driven market rewards whoever delivers certified molecules by 2030. Meeting the demand set by EU and national level mandates calls for action and final investment decisions now. Aurora Infrastructure offers much more than financing. Electrical infrastructure is our core business – and we can help to focus on yours. If you are a hydrogen project developer or are interested in electrification of industrial processes, let’s talk!.
Next up: what this partnership looks like in practice.