Capital partners
We bring the project. You bring the balance sheet.
Development capital is the scarce input, and it is spent against milestones that either clear or don't. We structure so that the partner sees each gate before the next dollar goes out the door.
What Western Slope Energy brings
- Origination and land control in target counties
- Interconnection queue strategy and study management
- Permitting execution and county-level engagement
- Design basis, EPC scoping and equipment sequencing
- A diligence record built for third-party review from day one
What the partner brings
- Staged development capital against defined milestones
- Balance sheet for interconnection deposits and letters of credit
- Acquisition at notice to proceed, or construction takeout
- Where relevant, tax-equity relationships and offtake access
How it is structured
- Capital released at stage gates, not on a schedule
- Economics set at entry — development fee, promote, or direct acquisition
- Step-in and transfer rights defined before first spend
- Terms are project-specific and negotiated per transaction
Milestone discipline
Capital released at stage gates, not on a schedule.
A development budget drawn quarterly funds activity. A development budget drawn at gates funds progress. The difference shows up when a stage stalls: under a schedule, spend continues while the problem is worked; under gates, the next tranche waits and both sides look at the same question at the same time.
What a gate review looks at
- The deliverable the previous stage was funded to produce, in a reviewable form
- Revised cost and schedule to the next gate, against the original basis
- Any new constraint discovered, and what it changes downstream
- Whether the project still clears the return threshold set at entry
What happens when a gate fails
Some projects should stop. A queue position that reprices beyond the revenue case, a county that turns, a resource that surveys worse than screened — these are outcomes the process is designed to surface early, while the sunk cost is still small.
We would rather deliver that finding in month nine than defend it in month thirty. Step-in and transfer rights are defined before first spend precisely so that an unwind is procedural rather than contentious.
Entry points
Three ways partners typically engage.
Development funding
Staged capital against the gate sequence, with economics set at entry as a development fee, a promote, or both. Suited to partners who want exposure to development-stage value creation.
Acquisition at NTP
A forward purchase of the completed development package at notice to proceed. Suited to owners who want a shovel-ready project without carrying development risk.
Construction takeout
Committed takeout at or after financial close, agreed during development so the project is engineered against the eventual owner’s standards rather than retrofitted to them.
Important
Nothing on this website constitutes an offer to sell or a solicitation of an offer to buy any security, nor investment, legal or tax advice. Project characteristics, timelines and structures described here are illustrative of how Western Slope Energy approaches development and are not commitments or projections of outcome for any specific project. Terms are project-specific and negotiated per transaction.
Discuss a development mandate.
Direct to the CEO. Tell us the kind of exposure you are looking for and the size you write.