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Letter of Credit

  • Denmark Denmark  
  • Last Updated:
    Posted on: 12 Nov 2024

RFQ Details

We need a LOC of $1M for supporting our Comitment to connect into the Texas Electricity Transmission Network in the Texas Panhandle. We can do so but are looking for a cheaper and simpler way to do it than through our European banks.
We are developing a major windfarm in the Texas Panhandle and in order to connect the windfarm to the Texas Grid, the transmission company that is going to build the "CREZ" lines for us needs a LOC of $1M the Process is public and very transparent. The risk is relatively low.