David H.

I'm CEO of Bildmore, a startup backed by EnCap Energy Transition Fund (EETF) , a leader in energy transition private equity investments. The EETF MPs and I all have deep energy project development backgrounds and orientation. We set up Bildmore to help 3rd party sponsors of US renewables projects more efficiently tap into the tax-related incentives under the IRA. Using structuring techniques from tax equity, renewables finance and global power project finance, we provide an alternative for projects and sponsors who want or need traditional tax equity (TTE), but can't meet the narrow TTE criteria, and who are resigned to sell tax credits based on project cost as opposed to FMV. Ideal fits for our structure are ready-to-build utility-scale battery or solar ITC projects with uncontracted offtake/ merchant exposure. Or sponsors where the team members are experienced individually but don't have a strong track record together, or a deep balance sheet to cover TTE indemnities. About Bildmore. Our structure includes features from TTE , and from preferred or structured minority equity investments, with all tax credits optimized and sold and buyers protected by comprehensive tax insurance. We are a good fit for developers who want to maximize third-party debt and equity capital to minimize sponsor equity in any single project. We are very flexible on allocating tax attributes to benefit Sponsors, esp early losses to offset the Sponsor's taxable gain arising from selling a project to an investment partnership at FMV. We are continuing to grow, and looking for a small number of driven, detail-oriented team members attracted to a small fast-paced start-up culture, based in Houston, to help us invest annually in 8-10 projects, to reach 3-5000 MW in the next 24-36 months. We look forward to connecting with sponsors (and IBs, legal/ tax advisors and tax credit buyers/brokers) who would like to explore win/win tax funding alternatives for themselves or their clients. David

Our firm principally develops, sponsors or advises on clean energy projects, principally in emerging markets and the US, mostly focused on power generation using renewables, or secondarily, gas/ LNG or other forms of gas conversion. We focus on taking projects from initiation or early development (siting and permitting), through financing and construction, to commercial operations, generally where we have a significant or controlling ownership stake but occasionally for third parties in the case of very large projects.

CEO of several large global business units involved in power, gas and LNG development, project finance and operations. Principal activities were in Central America/ Caribbean (incl Colombia and Venezuela), and Middle East. Headed Global LNG. Began career as a project lawyer, then switched to project developer, then a lead developer, then oversight of multiple development projects, then head of country and regional business units with both development and operations. Successful leading from concept through development, offtake and project financing through construction to commercial operations, multiple first-of-kind projects in emerging markets with minimal or no prior private, non-recourse-financed power plants. Focus on cleanest, most affordable power available to move beyond existing oil and coal. Multiple private and public presentations on optimizing private IPP development in venues previously thought non-financeable.