This guidance aims to provide heat network sponsors and developers with a better understanding of the due diligence requirements of project finance lenders and investors.
If you are seeking to raise third party funding, it will help you demonstrate as part of your application that your project meets those requirements.
The guidance covers:
- an explanation of the standardised due diligence set
- the types of key issues and questions included
- an explanation of the source of the supporting evidence
It is not part of the HNIP application guidance and is not required for an HNIP application.