Important Disclosure. For U.S. renewable and energy-storage sponsors. Not a public offer. All transactions subject to KYC/AML and underwriting. Prepared September 2025.
Development-Stage Equity Bridge For Renewable & Storage Projects
Grid queues are long, interconnection costs are rising, and equipment options require cash deposits well before financial close. Our equity bridge facilities give developers the capital to secure permits, grid capacity, land rights and equipment while long-term project finance is arranged.
Who This Serves
Utility-Scale Solar & Wind
Secure interconnection rights, EPC contracts and turbine or module supply before financial close.
Battery & Energy Storage
Fund grid studies, site prep and early equipment deposits to fast-track COD.
Green Hydrogen & Hybrid Projects
Cover land and permitting costs while offtake agreements and construction finance are finalized.
Typical Structures
Preferred Equity Bridge
Short-term preferred equity with fixed return, converted or redeemed at construction financing close.
Convertible Loan
Debt with equity-conversion rights, aligning early investors and long-term sponsors.
Hybrid Mezzanine
Structured as subordinated debt with upside warrants or profit-sharing, depending on project economics.
Indicative Economics
| Structure | Size | Tenor | Typical Return | Key Controls |
|---|---|---|---|---|
| Preferred Equity Bridge | USD 10M–150M | 6–24m | IRR 12–20% | Milestone-based drawdown; pledge of interconnection rights |
| Convertible Loan | USD 10M–100M | 12–24m | SOFR + 7–11% + conversion option | Assignment of permits and equipment deposits |
| Hybrid Mezzanine | USD 20M–200M | 12–36m | SOFR + 8–14% plus profit participation | Step-in rights and covenant package |
Returns vary by technology, sponsor strength, location and offtake profile. Third-party costs and bank fees are separate from our fees.
Execution Timeline
1. Fit & Mandate
Review project, permits, and PPA or offtake LOIs. Execute engagement letter and retainer.
2. Data Room & Underwriting
Complete feasibility data room; receive indicative terms and key conditions.
3. Due Diligence
Technical, legal, environmental and grid review. Controls finalized.
4. Closing & Draw
Documents executed. First draw scheduled against milestones such as interconnection approval.
Typical duration: 8–14 weeks to binding terms, depending on permitting and grid studies.
Why Sponsors Choose FG Capital Advisors
U.S. Renewable Focus
Experience across solar, wind, battery storage and emerging hydrogen projects.
Bankability First
We identify and fix lender red flags early—permitting gaps, grid risks, covenant weaknesses.
Capital Network
Access to private equity, infrastructure funds, and mezzanine lenders eager for renewable deals.
Transparent Fees
Mandate retainer and success fee only. No hidden spreads.
Request a Development-Stage Equity Bridge
Secure early equity for your renewable or storage project. Share your permit status, grid offer, and financial model to start.
Book a Consultation CallFAQs
Minimum project size?
Facilities typically start at USD 10M. Larger portfolios can exceed USD 200M.
Eligible technologies?
Solar PV, onshore/offshore wind, battery and hybrid storage, and green hydrogen pilots.
Can bridge capital roll into construction finance?
Yes. Structures are designed to be redeemed or converted when senior or mezzanine debt closes.
Time to first draw?
About 8–14 weeks from clean data room to signed terms and first milestone payment.
Upfront costs?
Our retainer plus third-party legal, technical and environmental diligence costs.
Permitting requirements?
A clear path to interconnection and environmental approvals is expected before term sheet.
Disclaimer. All facilities are subject to full underwriting, legal documentation, and KYC/AML checks. FG Capital Advisors does not guarantee funding. Third-party costs and bank charges are separate from our fees.
