EMAIL DETAILS
SUBJECT:
Doric Asset Finance - Project Sun
PRI: NORMAL
FROM:
M
mthuerta@gmail.com
DATE:
2011-06-17 16:23:55
MSG_ID:
<BANLkTi=2WATJL9oFBzkWjC2XODgB-bRYEw@mail.gmail.com>
RECIPIENTS:
TO:
A
Abel Navarro Homet
<abel@transatlanticeg.com>
D
Devon Archer
<darcher@rosemontcapital.com>
CC:
E
Eric Schwerin
<eschwerin@rosemontseneca.com>
H
Hunter Biden
<hbiden@rosemontseneca.com>
L
Lorenzo Roccia
<lorenzo@transatlanticeg.com>
CONTENT:
TEXT: YES |
HTML: YES
PROCESSED
Hello All, quick summary from a call today with an interesed Sun LP (Doric Asset Finance, www.doricassetfinance.com): - Likes the project, thinks its a great opportunity. I asked him to solicit more feedback internally, will follow up. - Given they are EU-based, want details on the blocker vehicle, how it works, taxes, etc. - Issues: - Size: says their funds are typically at least 20mm EUR in size - Timing: a target July 30 close may be tight, but will look into it RE size: talked up the group's additional solar PV dealflow where equity requirements are substantially greater and that they should begin allocating capital now RE timing: stated July 30 was a hard date, we can obvioulsly move that if need be Next steps: - Send them a one-pager on offshore feeder co - what our plan is, how it works in terms of both cash and taxable income distributions, indicative tax consequences, etc. Abel, do you have some of this information? I will conslidate the relevant points and put the one-pager together if you have the info. Many thanks. Let me know if any questions. Michae
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