Nick Prassas

Why waste-to-energy projects fail

Prassas Capital has been involved with renewable energy, and specifically waste-to-energy, finance for the past ten years.  We have focused on project finance, rather than financing the companies themselves.  We have worked with scores of bootstrap developers, attempting to develop and finance projects throughout the range of waste-to-energy alternatives.  We successfully financed two anaerobic digestion …

Why waste-to-energy projects fail Read More »

Debt Financing

A Tale of Two Clients In 2006, I met with two potential corporate clients. Coincidentally, they had about the same annual revenue, were in the same industry, and were located in the same broad metropolitan area. Each wanted to borrow about $10 million for capital (long-term) projects. I?m not sure why the first prospect even …

Debt Financing Read More »

Lemons to Lemonade: How Island Pacific Academy beat the Credit Crisis

Press Release. October, 2009 Kapolei, Hawaii: Six months ago, Island Pacific Academy was like many start-up independent schools. Even though it had enrolled 650 students PK-11 in four years of existence, it struggled to meet the debt service on a $20 million bond issue amidst rising costs and the stagnant enrollment of the current recession. …

Lemons to Lemonade: How Island Pacific Academy beat the Credit Crisis Read More »