Post by lobster on Jun 1, 2017 16:59:42 GMT
The latest activity tab informs us that commissioning will definitely be late, which will impact negatively on the FiT rate, which was dependant upon commissioning being complete by 30th June 2017.
Just wondering if the "cross guarantee" that exists between the four I** loans should offer investors any comfort here ? ie. in the unlikely event that #437 runs into real financial difficulties, will the other three I** loans attempt to "bail out" #437 ? Is that how a cross guarantee works ? I'm no expert here, that's for sure. However there is some logic here given that all four I** loans are to the same borrower.
Just wondering if the "cross guarantee" that exists between the four I** loans should offer investors any comfort here ? ie. in the unlikely event that #437 runs into real financial difficulties, will the other three I** loans attempt to "bail out" #437 ? Is that how a cross guarantee works ? I'm no expert here, that's for sure. However there is some logic here given that all four I** loans are to the same borrower.
