U.S. Nevada Solar Power Project Launch Event
Time: June 18, 2016 (Saturday) 14:00—17:00
Location: Room 2001, Merchants Bank Building, No. 36 Hong Kong Middle Road, Qingdao
Reservation Hotline: 400-138-2929 0532-86679070
Worldway Immigration U.S. EB-5 Investment Project
U.S. Immigration Nevada Solar Power Project Launch Event
A High-Employment EB-5 Project Guaranteed by a Large Publicly Traded New York Company
【Project Introduction】
The Nevada Solar Power Project is a large-scale solar power plant project constructed and operated by NextEra Energy Inc. (NYSE: NEE), the world's largest publicly traded wind and solar power company. Located in Clark County, the most populous area in southern Nevada in the western United States, it covers an area of 2,934.5 acres with a power generation capacity of 250 megawatts. The project has received dual support from U.S. government funding and policies. Upon completion, all generated electricity will be supplied to Southern California Edison, one of the largest integrated power companies in the United States, with which a 20-year power purchase agreement has already been signed.
The Nevada Solar Power Project is the fourth EB-5 power project from NextEra Energy Inc. (NYSE: NEE). It is almost identical to the previous three phases and will continue their success, with performance in employment and repayment expected to exceed that of the previous three phases.
【Project Advantages】
1. Powerful Developer (Top 500 Global New Energy Enterprise)
The project's parent company, NextEra Energy Inc. (NYSE: NEE), is a high-quality publicly traded company on the New York Stock Exchange (with a market capitalization of $82.48 billion in 2015) and is the world's largest wind and solar power company. The company has 13,800 employees worldwide and is the second-largest utility company in the United States. It owns two wholly-owned subsidiaries: Florida Power & Light Company, one of the largest power companies in the U.S., and NextEra Energy Resources, the world's largest wind and solar power generator. NextEra Energy Inc. (NYSE: NEE) serves over 5 million customers, and the company achieved a net income of $2.8 billion (GAAP standard) in 2015, with total assets of $82.5 billion.
2. Dual Guarantee for Repayment
The project borrower, NextEra Energy Capital Holdings Inc., is rated as an A- stable enterprise by the three major rating agencies. An A- rating means the company has no history of default or overdue payments, ensuring project repayment. Furthermore, as a dual guarantee, the large, high-quality parent company listed on the New York Stock Exchange, NextEra Energy Inc. (with a 2015 market capitalization of $82.48 billion and cash flow of $7.659 billion), which is also rated as A- stable by the three major rating agencies, has committed to providing a full, unconditional repayment guarantee for the project. Relevant guarantee information has been disclosed on the official website of the U.S. Securities and Exchange Commission. (http://www.sec.gov/Archives/edgar/data/37634/000075330816000337/nee-12312015x10k.htm)
3. Low Proportion of EB-5 Capital
EB-5 capital accounts for only 12.7% of the project cost, resulting in a low capital risk coefficient. The project party, NextEra Energy Inc. (NYSE: NEE), is powerful and well-funded. In addition to EB-5 capital, other project funds (including government cash subsidies, senior loans, and equity investments) have all been secured.
4. Stable Project Operation
The project has signed a 20-year power supply and sales contract with Southern California Edison (Fitch rating: A-), one of the largest integrated power companies in the United States, and this power purchase agreement has been approved by the California Public Utilities Commission (PUC). Project operation is guaranteed, and operating income can fully cover the repayment of EB-5 capital.
5. Backed by Top Law Firms
The top U.S. immigration law firm, Miller Mayer, personally oversees the project and serves as its legal counsel, safeguarding the success of investors' applications. For 25 years, Miller Mayer's EB-5 projects and I-829 applications have maintained a 100% approval rate.
6. Strict Capital Supervision Mechanism
Investment funds are only allowed to be released from the escrow account after the EB-5 investor's I-526 or the project's I-924 exemplar application has been approved by the USCIS. Strict conditions for fund release significantly reduce investment risk.
7. Extremely High Employment Multiplier
The project uses the RIMS II employment model to calculate employment. The number of jobs created is 3.1 times the requirement of the immigration authorities, reaching 9,320. Construction expenditures alone created 8,485 jobs, which is 2.8 times the requirement of the immigration authorities.
8. Project Already Under Construction
The project has been reviewed and approved by the U.S. Bureau of Land Management, the U.S. Department of Energy, the California Energy Commission, and the California Public Utilities Commission, and has passed environmental assessments under the National Environmental Policy Act (NEPA). The project commenced in May 2014 and is expected to be completed in September 2016, with a construction period of 30 months.
9. Completion Guarantee Provided by a NASDAQ Listed Company
The contractor, First Solar Inc. (NASDAQ: FSLR), is a famous U.S. photovoltaic industry giant, founded in 1990 and listed on the NASDAQ in 2006. The company was ranked as the second-largest photovoltaic module manufacturing enterprise in the world in 2010 and was ranked 6th in Fast Company's list of the world's 50 most innovative companies.
10. Strong Support from Government Funding
The solar energy project is strongly supported by the U.S. government. This project has applied for the U.S. Department of the Treasury's 1603 Energy Program support grant and has received $250 million in government funding support.
11. Open and Transparent Project Documentation
Project information is open and transparent, and relevant documents have been disclosed on the official website of the project's parent company, NextEra Energy Inc. (NYSE: NEE), which is listed on the New York Stock Exchange, as well as on relevant government websites.
WRCI Director Jim Soel and CVEP Director Wesley Ahlgren present Worldway Immigration Group with
the "U.S. Congress Outstanding Contribution" honorary certificate
Project Information Links:
Official website of the project's listed parent company, NextEra Energy Inc. (NYSE: NEE):
http://www.nexteraenergy.com
Official website of the U.S. Securities and Exchange Commission: (The project has completed all non-EB-5 financing)
http://www.sec.gov/Archives/edgar/data/753308/000075330815000176/form8k05142015.htm
Official website of the U.S. Department of the Treasury: (The project meets the requirements for the U.S. Department of the Treasury's cash subsidy)
http://www.treasury.gov/
Official website of the U.S. Bureau of Land Management: (The project has been approved by the U.S. federal government to use federal land)
http://www.blm.gov/nv/st/en/fo/lvfo/blm_programs/energy/Silver_State_Solar_South.html
Official website of the California Public Utilities Commission: (The project's power purchase agreement has been approved by the U.S. State of California government)
http://docs.cpuc.ca.gov/PublishedDocs/WORD_PDF/FINAL_RESOLUTION/159176.PDF
