Direct Air Capture Project Funding
Structuring • Underwriting • Investor Distribution
Building a plant that vacuums carbon straight out of the sky? You’ll need more than a shiny pitch deck. Our DAC Funding Desk runs the numbers, nails down creditworthy offtakes, stacks every available policy incentive, and walks the file into balance-sheet lenders and climate-tech allocators. Pass/fail—fast—and a clear game plan if the deal is worth the chase.
We engage once hard capex tops $25 million. A $100 000 retainer kicks off an evidence-driven process that can compress the capital-raise cycle to 60–90 days post-term-sheet. Our models draw on live carbon-credit curves (Xpansiv, CME GEO), 45Q price decks, energy-cost forecasts, and Monte-Carlo uptime sweeps—no dreamland assumptions allowed.
Phase 1 – Carbon Economics & Policy Stack
- Ten-year pro forma with spot- and forward-curve overlays
- 45Q tax-credit sizing and discount-to-cash analysis
- Grant, concessionary debt, and guarantee eligibility (DOE LPO, EU-Innovation Fund, RCEF, etc.)
Phase 2 – Bankable Structuring
- Revenue splits between offtake, tax-credit, and LCFS streams
- SPV plumbing, security package, and waterfall design
- Independent MRV protocol alignment for registry approval
Phase 3 – Underwriting & Credit Dossier
- Gradient-boosted scorecard on counterparty and technology risk
- Debt-coverage, break-even, and downside-case triggers
- Third-party engineer and lifecycle-emissions coordination
Phase 4 – Capital Syndication
- Term-sheet negotiation with infra-credit desks and DAC equity pools
- Placement of carbon-credit strips to backstop revenue
- Blended-finance layering to pull senior-debt spreads tight
Phase 5 – Close & Ongoing Monitoring
- Legal wrap and financial-model lock
- Conditions-precedent chase-down to funding
- Quarterly covenant and performance reporting to investors
Since 2021 we’ve vetted $800 million in carbon-removal deals across North America, Europe, and the Gulf, sparing sponsors the agony of dead-end roadshows. Our alumni base spans Wharton, Columbia GSB, and MIT—fluency in both thermodynamics and term sheets.
Analytical Kick-Off
$100 000 Retainer
Full carbon-economics model, incentive mapping, and go/no-go verdict in ≤ 14 days.
Mandate & Raise
4 % of Funds Raised
Structuring, underwriting, and investor syndication through to funding.
Frequently Asked Questions
Do you handle FOAK technology?
Yes—if TRL 7+ and an independent engineer signs life-cycle-cost certainty.
Who buys the carbon credits?
Hard-to-abate corporates with public net-zero pledges; we negotiate floor-price collars.
Can you advance 45Q proceeds?
We structure 45Q tax-credit pre-payments or bridge loans, subject to IRS compliance and insurance wrap.
Timeline to cash in the bank?
Straightforward mandates: 60–90 days post-term-sheet. Complex, multi-jurisdiction builds can stretch to 120 days.
FG Capital Advisors is a structuring and capital-advisory firm—not a broker-dealer or balance-sheet lender. Funding remains subject to third-party diligence and final credit sign-off. Retainers and advisory fees are non-refundable once work begins.
