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For banks · NBFCs · infra debt funds · green bond investors

Lend against contracted clean heat.

Every Clear Energy plant sits in its own SPV and earns under a long-term take-or-pay contract — industrial customers pay for 70–85% of contracted capacity whether they draw it or not, with fuel costs passed through. The result is infrastructure-grade cashflow from an asset we design, build, own and operate ourselves. We raise project debt against it, and we've built a standing programme to make underwriting us easy.

Take-or-pay 70–85% of capacity 10–20 year contract tenors One SPV per asset / cluster Fuel cost pass-through
The credit story

Utility economics,
without utility bureaucracy.

Contracted, not merchant

Revenue comes from long-term take-or-pay service contracts with industrial customers — a floor of 70–85% of contracted capacity is billed regardless of offtake. No merchant price exposure, no volume speculation.

Commodity risk passed through

Every tariff carries an automatic fuel cost adjustment against a contractual baseline, reviewed quarterly. Biomass, electricity or gas price moves flow to the customer — margins are engineered, not speculated.

Hard assets, our balance sheet

Clear Energy retains 100% ownership of boilers, piping, instrumentation and thermal infrastructure through the contract term — built in our own PESO-approved shop, IBR-certified, and chargeable as security.

Ring-fenced per asset

One SPV per major asset or cluster under a HoldCo structure. Each financing is sized, secured and serviced against its own contract and its own plant — clean for credit committees, clean at enforcement.

Diversified, sticky offtakers

Steam is not discretionary spend — it is the manufacturing process. Our customer base spans pharma, FMCG, chemicals, textiles and hospitality, anchored by names you already underwrite.

Green by construction

Biomass and renewable-electric assets displace furnace oil and coal — a 20 TPH biomass plant displaces 4,000+ tCO₂e a year. Facilities can be structured as green or sustainability-linked from day one.

Follow the cashflow

From a ton of steam
to your debt service.

You · the lender term debt · bonds · IDF refinancing post-COD funds Project SPV one asset · one contract ring-fenced security builds & owns The plant on customer premises operated 24/7 by us steam, metered Industrial customer take-or-pay · 10–20 yrs pays per ton consumed MONTHLY BILLING → ESCROW → DEBT SERVICE FIRST → DISTRIBUTIONS ONE ASSET · ONE CONTRACT · ONE WATERFALL

Typical security package: first charge on SPV assets, assignment of the offtake contract and receivables, escrow on collections with a debt-service waterfall, DSRA, and sponsor support during construction.

Instruments

Five ways to participate.

Project term debt

Construction-to-term financing at SPV level for new thermal assets — drawn against milestones, serviced from contracted billing after commissioning.

Post-COD refinancing

Operating assets with billing history — suited to NBFCs and infra debt funds that prefer de-risked, cash-generating plants over construction exposure.

Green & sustainability-linked

Biomass and renewable-electric assets with documented CO₂e displacement — structured to green-bond and SLL frameworks, with asset-level impact reporting.

Equipment & lease finance

Boilers, vaporizers and skids fabricated in our own PESO-approved shop — clean, identifiable collateral for equipment financiers and lessors.

Working capital

Fuel inventory and receivables lines against contracted billing cycles — short-tenor exposure to the same take-or-pay cashflows.

Your covenant, monitored

Every financed asset is instrumented by ClearOS — lenders receive periodic asset-level reports: production, availability, billing and CO₂e displacement. Monitoring you don't have to chase.

The innovative bit

Empanel once.
See every deal that fits your mandate.

Most lenders meet infrastructure deals one banker-pitch at a time. Our Debt Partner Programme works the other way around: tell us your mandate once, and qualifying SPV financings come to you — in a standard pack you can take straight to committee.

01 · EMPANEL

Register your mandate

Ticket size, tenor range, construction vs operating exposure, green/SLL requirements, sector exclusions. One short form, once.

02 · MATCH

Pipeline matching

As SPV financings come up — new builds, refinancings, equipment lines — we map them against empanelled mandates and approach the lenders that fit. No spray-and-pray IMs.

03 · STANDARD PACK

One format, every deal

Each opportunity arrives as the same standardised pack: offtake contract summary, asset spec, fuel plan, financial model, security structure and ESG impact sheet. Your analysts learn it once.

04 · DATA ROOM

Diligence & drawdown

Shortlisted lenders get data-room access — contracts, approvals, IBR/PESO certifications, insurance — and, post-sanction, ClearOS asset reporting for the life of the loan.

Debt Partner Programme

Put your mandate in front of our pipeline.

Write to us with your institution, indicative ticket size and mandate focus — our finance team (finance@clearenergy.ai) will respond with the programme overview and current opportunities that fit.