When beginning a power plant project, you have many decisions to make, including how much risk your company is willing to take on during the installation process. Caterpillar has developed an entire range of options that allows our customers to be involved with as much of the process as they wish.
With years of experience and global expertise, Caterpillar can develop a plan that meets your specific needs. We will make sure your project is completed on time and that all construction and commissioning meet your stringent standards.
We will work with you to determine the level of risk you want to accept versus the level you want to transfer to Caterpillar. To learn more about life cycle costs to help you decide which contract service is right for you, click here.
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Caterpillar delivers strong completion guarantees to ensure that your project is completed on budget, on schedule and will meet all performance requirements. This premium, start-to-finish package includes: site management, engineering, construction, installation and commissioning.
We work side-by-side with the construction team of your choice to ensure your plant is delivered on time. Our role is to provide engineering and site construction management, as well as procurement and installation of all necessary equipment.
Caterpillar supplies all equipment and attends to the mechanical balance of plant, as well as basic design and engineering services.
You can purchase Cat generator sets and the related equipment you require to complete your power plant project.
Equip your employees for specific system maintenance, repair and procedure requirements. We offer factory, on-the-job and continued education training.
Based on a TSA, we will place a trained technical advisor on site to oversee equipment maintenance schedules and procedures manuals. The advisor will also aid in the development of rounds sheets, safety compliance and reporting programs.
Our financial solutions are available to all customers with installations powered by Cat engines. We finance a number of projects, including the soft costs of engineering and installation.
When acting as an equipment supplier or an EPC contractor, Caterpillar can assist you with your budget requirements by working with lenders to structure on- and off-balance sheet solutions for your projects.
We assemble a group of lenders, including Cat Financial, a financing division of the Caterpillar group, to underwrite long-term loans. Such loans can include direct loans arranged by commercial banks (construction loans, permanent facilities, etc.) with coverages for political and/or commercial risks to be granted by governmental agencies or private insurance, when required.
Caterpillar provides advice with regard to establishing a special purpose company (SPC) to act as a borrower of funds, build the power plant and own it during the operating years. Funds needed for the project’s construction are injected in the SPC as equity and senior debt.
Our clients’ obligations under this structure can be as simple as being limited to operating the plant and making fixed monthly payments during a long-term period needed to amortize the investment made by the SPC’s lenders to finance up to 100 percent of the project’s costs (debt + equity).