Financing And Leverage RiskUse of a mix of cash, equity, and a new credit facility to fund transactions raises leverage and financing risk, increasing exposure if capital conditions worsen.
Project Execution And Permitting HurdlesConversion of available capacity into multi-year contracts depends on customer permitting, land acquisition, gas access, and construction, which could delay or limit revenue if not resolved.
Unfunded Capital CommitmentsMaterial portions of turbine purchase payments remain without permanent financing, creating execution and funding risk as future payments and progress payments come due.