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How much does feedstock cost matter to project returns?

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Feedstock and its logistics are the largest recurring cost and the main swing factor in IRR, which is why lenders treat secured, contracted supply as the first test of bankability. Feedstock choice alone can move project IRR from around 7% to over 20%.

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Renewable Watch (financing)
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Investor & policyMoney, risk, and what the policy actually says.
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