Home > Vendor finance now available for all purchases of Powerstar voltage optimisation systems

Vendor finance now available for all purchases of Powerstar voltage optimisation systems

Editorial
article image Powerstar is now part of an Asia Pacific alliance with Ultima Capital Partners to provide vendor finance for their VO systems

World-leading provider of voltage optimisation systems, Powerstar is now part of an Asia Pacific alliance with Ultima Capital Partners to provide vendor finance to organisations on their purchases of Powerstar’s solutions. The finance is also offered on Powerstar’s newest energy storage solution, Powerstar Virtue.

Powerstar’s voltage optimisation (VO) systems are patented energy saving solutions that match the incoming electricity supply to the needs of onsite equipment and return any excess energy to the grid, providing the user savings on power cost. Powerstar provides a 100% guarantee on power cost savings, reduces electricity consumption and cuts carbon emissions.

Companies taking advantage of the vendor finance arrangement can achieve a positive cash flow from day one with excellent average electricity savings of 12-15% per annum, making the offer particularly attractive for organisations facing impediments to purchasing capital equipment.

Powerstar’s group sales manager Asia Pacific, Mr Sam Czyczelis explains that the new financing arrangement solves problems such as bank constraints and head office limits on capital expenditure. Advantages such as zero upfront costs and low payback period combined with the gains made in power savings are very appealing; over Powerstar VO systems’ 50-year-lifespan, the cumulative whole-of-life net savings can be millions of dollars.

Importantly, it also helps them reduce their carbon emissions, enhancing their corporate social responsibility and green credentials.

According to Mr Czyczelis, organisations can avoid restrictions and covenants by structuring the acquisition through a lease or rental arrangement, with the only security required in many cases being over the equipment.

Powerstar is a founding member of the Smart Power Alliance, a group that aims to enhance cooperation between users, regulators, suppliers and researchers for the adoption of energy efficient solutions. Ultima provides corporate advisory and investment management services and has a particular interest in energy management.

The new structured financing offering would typically be over a five-year period with the Powerstar unit fully funded at market competitive rates via a lease or rental arrangement. Since the annual cost savings significantly exceed the annual finance costs, the end user enjoys an ongoing positive cash flow from the installation.

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