Inject Liquidity for Budget Stabilization, Economic Stimulus or Balance Sheet Improvement
The CRS is a utility structure (like gas, electric, and water) which addresses essentiality and flexibility.
SP’s utilities deliver continuous reliability 24 hours per day x 365 days a year, safely and efficiently, protecting you from unexpected repairs and insufficient maintenance.
Asset use is entirely in your control
Month-to-month contracts with no termination penalties
Anytime purchase option at actual cost prorated to remaining useful life
Fully compliant procurement options
Usage-fees aligned with your revenue sources
Open book accounting, contracts, warranties, designs and documentation
24/7 monitoring and real-time alerts to deliver reliability and performance
Focus on upgrades and maintenance
ELIGIBLE INFRASTRUCTURE
Buildings, Terminals, Government Housing
Water Distribution Systems, Smart Meters
Electrical Distribution, Storage, Optimization and Generation
Boilers, Chillers, Cooling Towers, Air Handlers
HVAC; Building Envelope; Energy Efficiency
Plumbing – Controls, Conditioners, Pumps, Manifolds, Fixtures
Water Storage; Water/Wastewater Treatment Systems
Bridges, Roads, Tunnels, Docks, Overpasses
Charging Stations, Parking Facilities, Fuel Tanks/Pumps
Rolling Stock (subway cars, buses), Charging Stations, Fuel Depots, Maintenance Facilities
Inter-modals, Rail, Switching Stations, Runways & Taxiways
Roofs, Windows, Elevators, Escalators, People Movers, Kitchens
ELIGIBLE INSTITUTIONS
UNIQUE KEY FEATURES
Quickly return the cash trapped inside your infrastructure
Simple, public agency friendly agreements
Flexibility to terminate at any time; no penalties; month-to-month agreement
Additional funds as needed to cover maintenance, upgrades or modernization
Customized – base usage on a measurable attribute that varies with your revenue
Underwriting uses single digit cost of capital for rate structuring