KIFFWA’s role is one of a co-developer: we support initiatives to reach financial close i.e. when all project and financing agreements have been signed and required conditions have been met.
KIFFWA takes high end risk to help project developers in an early stage. In order to be revolving, we seek to be a self-sufficient organization and therefore request a refund as soon as financial close is reached. This refund is in the form of a success fee, a debt, mezzanine or an equity stake in the initiative.