Before the cooperation, the partner has set up a project company, and a mezzanine company has been set up at its upper level as a platform for equity cooperation, and the acquirer has obtained the controlling right of the platform company to realize indirect holding of the project company. The two parties will then carry out project development in the name of the project company.
Mode 2: The acquirer shares in the project company.
At the time of cooperation, the project company has been established, and the purchaser becomes the shareholder of the project company in the form of equity participation during the construction period, and becomes the controlling shareholder after it is completed and put into production.
Mode 3: Conditional BT mode
Both parties agree in advance on the subsequent purchase price or pricing principle of the project, as well as the technical and commercial conditions of the acquisition (such as project quality standards, administrative examination and approval documents to be obtained, etc.). ). After the project is completed and the agreed conditions are met, the acquirer acquires part or all of the equity of the project.
Mode 4: BT mode of debt commitment.
The basic framework and process of this model are similar to the above-mentioned "conditional BT model". The core points are as follows: Under normal circumstances, as the EPC contractor of the project, the partner has signed an EPC contract with the project company before cooperating with the purchaser, and all the project expenses are included in the EPC; After the completion of the project, the equity of the project company will be transferred to the acquirer at a price close to zero. Subsequently, the acquirer, as the new shareholder of the project company, will bear the EPC debt of the project company and pay the EPC money to the partner, and the partner will gain income through the EPC money.