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Project Finance Pro Breaks Record, Says "DRO" 16 Times In One Day Without Knowing What It Means

One of Luciano’s co-workers (who wishes to remain anonymous) told The Sunion that during a team meeting at 9:30, he asked his teammates if anyone had “heard of a situation where the tax investor’s contribution goes through a DRO account.” Afraid of looking stupid, every team member reportedly responded with a simple “no” and then pretended to receive a text message from their spouse.

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Survey of ERCOT Developers Confirms 100% of Projects Have Positive Basis

Wellington Xiang, who lead the survey for “Wood Mac”, says he was only slightly surprised by the results. “On one hand, it might seem surprising - or even mathematically impossible - that literally 100% of the projects under consideration in this market could all have a positive basis, given the mechanism itself is specifically designed to result in net zero basis in the aggregate. But that’s before you hear about how carefully these developers have chosen their sites using proprietary techniques and decades of experience in the market.

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PF Lender Meeting Ends Abruptly After Banker Opens With “If You’re Just Looking For the Lowest Interest Rate, We’re Probably Not The Bank For Yo…Hey, Wait, Where Are You Going?”

Dietrich said he was surprised by the reaction and disappointed he didn’t get to go through his whole spiel. “Yeah I had this whole speech planned. I usually do this whole thing where I make people feel short-sighted for just wanting the best economic terms while losing sight of ‘way more important things’ like value add, flexibility, patience, closing quickly, etc. As though I’m some sort of early stage development lender with a nuanced structure and legitimate claims at adding value. I know…it sounds ridiculous, but lots of folks fall for it,” said Dietrich.

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