What Is An EPC Bond?
An EPC bond is a three party contract in which a surety guarantees the performance of the principal for the benefit of the obligee.
An EPC bond is a three party contract in which a surety guarantees the performance of the principal for the benefit of the obligee.
Credit enhancement is anything that will improve the chances a lender or tax equity investor will be repaid in a solar development project.
When choosing a bond vs. letter of credit, there are several reasons why a surety bond is preferable to your business as a solar developer.