AHEB Investment Group Assists with Funding for Major European Bioethanol Project

LIMASSOL, Cyprus, May 24 /PRNewswire/ -- AHEB Investment Group is pleased to announce its involvement with a major European company at the forefront of a large new development project for bioethanol production.

This key environmental project involving construction of a bioethanol plant will develop several large rural areas enabling them to produce fuel from natural resources, giving farmers and local land owners renewed livelihood as well as providing much needed employment in the areas concerned.  

AHEB's role has been as a key party in the process for arranging financing for the project to proceed, in particular in providing collateral against the principal and interest for the funding loan required.

Through trusted relationships with its extensive network of individual and professional investors, AHEB can provide major projects such as this bioethanol one, with potential providers of guarantees and collateral required for their loan from a pool of investors who are seeking business ventures and projects to fund.  

AHEB's specialist team has also over the years developed strong ties with some of the world's leading global financial institutions, and through its experience in setting up complicated financing solutions, has a thorough understanding of the complex funding application and approval process. As such it is able to advise clients during this key process of how to best go about their loan application and assists its clients by reducing the perceived lending risk of the banks involved.

This was exactly the role AHEB assumed during its client's bioethanol project funding application process, whereby AHEB were instrumental in negotiations with the banks and through setting up collateral against the client's loan via the AHEB partner network of investors.

The lending bank involved has now agreed the loan arrangements with AHEB in order to fund the client's bioethanol project and the meeting in order to formally close the transaction is to take place during the week of 24-28 May 2010.

Project funding is due to happen in 3 stages – with the client company receiving 70 million euros during the first stage, 50 million euros during the second stage and at the final stage, the remaining 30 million euros. Complete project funding is expected to take place within 45 days, and after this time, confidentiality clauses will be lifted and the name of the company will be released to the public as well as more specific details on the proposed bioethanol project.

About AHEB Investment Group

AHEB Investment Group was founded in 2008 aiming to provide professional support and consulting regarding financing to businesses of large and medium size but also start up enterprises. AHEB specializes in assisting the development of large commercial and industrial projects by offering financing solutions and advisory support. Successful projects include real estate developments, construction including large hotels, energy based projects covering power plants and oil rigs with other major purchases of ships and aircraft. AHEB's relationships with principal global and regional banking institutions assist businesses in arrangement of collateral via its network of investment partners. For further information about AHEB Investment Group, visit www.ahebgroup.com , email [email protected] or call + 001 347 4166069.

SOURCE AHEB Investment Group