We supply you with USDA choice meats, that have been carefully selected especially for you. Minimum amount of people may changes "in" and "off" season. We cook for groups from 6 to 600 people, children and adults. We have Dinner Entrees for your selection with Outer Banks Clam Bakes. S&P Global Commodity Insights produces content for distribution on S&P Capital IQ Pro.Outer Banks Clam Bakes Vacation Family Cooking Service - We bring the Restaurant to you! have solid balance sheets with "more cash than debt," the analysts said. shares are less volatile than the market.Ĭlean Energy Fuels Corp. said March 16 that they have concerns about how the growth-oriented, mostly small-capitalization sector "will hold up," but that Neste Oyj and Opal Fuels Inc. When it comes to renewable fuels, analysts at energy investment bank Tudor Pickering Holt & Co. Regarding rising equity and debt costs, Morgan Stanley emphasized that risk could be higher for "companies whose business models are centered on a positive spread between project returns and financing costs" and smaller companies with private equity or venture capital funding. benefitting from high demand for energy storage. also strong in customer contracts and Fluence Energy Inc. and Stem, the analysts said, with First Solar Inc. Those stocks include Sunrun, AES, NextEra, Altus Power, Bloom Energy Corp. Sector investors looking for more stable renewables balance sheets should consider "equipment manufacturers, especially those with high barriers to entry, a large backlog of contracted orders and especially strong demand for their products and project developers with strong pricing power and access to capital," Morgan Stanley wrote. Corporate profits affect the supply of tax equity." Keith Martin, a renewable energy tax expert and co-head of projects at Norton Rose Fulbright, wrote in an email that banking instability more broadly "could affect liquidity in the renewable energy sector and lead to an economic slowdown," which "would affect corporate profits. "The ability of the company to amend and extend (or to replace) this revolving credit facility uncertain, which could have a material impact on the company's liquidity, cash and ability to attract new capital if not resolved on a timely basis," Sunlight said in the filing.Ĭredit Suisse did not necessarily play a major role in renewable energy financing or tax equity in recent years, but Latham & Watkins LLP attorney Eli Katz, who specializes in clean energy financing and tax subsidies, said in an email that "they did have a big franchise in the residential and distributed solar securitization sectors, so that is an area worth watching." disclosed March 10 that SVB is the only lender under a revolving credit facility maturing April 26 that Sunlight Financial hoped to extend. Residential solar financing company Sunlight Financial Holdings Inc. Also, "increased risk premia drive debt costs up" for those firms, the analysts said. Guggenheim analysts said in a March 13 report that residential solar companies have the most exposure to any banking system uncertainty because they rely on several different sources of capital, including tax equity. and Sunrun, Morgan Stanley wrote March 20. "In 2008-09, the tax equity market did contract significantly - and this could pose risks" to developers such as AES Corp., Altus Power Inc., NextEra Energy Inc., SunPower Corp. Plenty of other lenders should step in to fill any financing gaps for SVB as well as for First Republic Bank and Credit Suisse Group AG, but that may not be enough to stem the already decreasing availability of tax equity for financing projects, Morgan Stanley analysts said. and Spruce Power Holding Corp., as well as intelligent energy storage provider Stem Inc., all disclosed "immaterial" impacts from the second-largest bank failure in US history. As renewable energy companies assess the impact of recent bank failures on tax equity financing, industry experts see certain equipment manufacturers, project developers and alternative fuels providers as better positioned to remain insulated from capital scarcity.Īfter Silicon Valley Bank (SVB) collapsed, residential solar installers Sunrun Inc., Sunnova Energy International Inc.
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