Bildmore Clean Energy Market Research Report



Company Overview



Name


Bildmore Clean Energy

Mission of the Company


Expanding your choices in clean energy investment partners.

Founding Details


  • Founded by: David Haug, along with EnCap Energy Transition Fund (EETF)

  • Year Founded: No specific year provided


Key People


  • Founder: David Haug

  • Backed by: EnCap Energy Transition Fund (EETF), which is led by its four Managing Partners


Headquarters


  • Location: Houston, Texas


Number of Employees


No information is available

Revenue


No information is available

What the Company is Known For


Bildmore is known for investing minority structured equity in third-party US renewables and clean energy tax credit projects. It helps project Developers and Sponsors access tax-related incentives under the Inflation Reduction Act (IRA).

Products



Products Offered


  • Minority structured equity investments in clean energy projects


High Level Description of the Product


Bildmore offers investment capital focused on ready-to-build utility-scale projects such as battery storage (ITC), solar (ITC or PTC), wind, RNG, and other molecules projects.

Key Features of the Products


  • Minority Structured Equity Investment: Providing alternative capital sources for Developers and Sponsors who are not eligible for traditional tax equity (TTE) financing.

  • Tax Credit Optimization: Enhancing Developers' or Sponsors' economics by optimizing available tax credits and selling them as provided in the IRA.

  • Flexibility: Investment terms include choices on investment size, FMV step-up, allocation of tax credit proceeds, depreciation, expected flip date, buyout rights, technology selection, and revenue strategy.

  • No Guarantees: Does not typically require upstream parent guarantees due to comprehensive tax insurance protection.


Recent Developments



Recent Developments in the Company


Bildmore is backed by the EnCap Energy Transition Fund (EETF), which has just closed its second energy transition fund, EETF II, with $1.5 billion in commitments.

New Products Launched


No information is available

New Features Added to Existing Products


No information is available

New Partnerships


  • EnCap Energy Transition Fund is a key partner, having invested in multiple clean energy projects since 2019, with a focus on battery storage and solar projects.


Conclusion



For more details, contact:
  • Morgan Moritz, Pierpont Communications

  • Phone: 512-745-2575

  • Email: mmoritz@piercom.com


  • Address: 9651 Katy Fwy, Sixth Floor, Houston, Texas 77024


For more information, visit EnCap Investments website: www.encapinvestments.com