CRD Energy
Small hydroelectric with 40 year pre-tax unlevered IRR of +10% and Levered After-Tax IRR of +15%.
- Stage Product In Development
- Industry Clean Technology
- Location Toronto, ON, Canada
- Currency CAD
- Founded January 2012
- Employees 4
- Incorporation Type C-corp
Company Summary
CRD Energy has vetted available hydroelectric sites, assessing them for likelihood to succeed. Pre-tax unlevered IRR of +10% and Levered After-Tax IRR of +15%. Development timelines start in Q2-2016 and runs to 2021+, which requires high risk equity of $100,000 to participate in the 2016 and 2017 FITs; and $1 million in total high risk equity over 5 years. Lifespan of hydroelectric is 75+ years and FIT Contracts is 40 years.
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