World’s first vessel retrofit fund using a pay-as-you-save repayment mechanism closes at USD 35M
— Fund for Energy Efficiency Technologies (FEET) provides up to 100% upfront financing for retrofits and introduces a pay-as-you-save repayment mechanism linked directly to verified fuel and regulatory savings — By offering unsecured leases on retrofits, FEETdecouples retrofit financing from vessel mortgages — Through a blended financing structure and a diversified project portfolio, FEET balances […]