Chapter 21: EVelution Energy Interview Series – Investor Returns & Priority Processing
In Chapter 21 of our ongoing EVelution Energy interview series, Michael Gibson, Managing Director of USAdvisors.org, speaks with Dennis Cunningham, Operating Partner at Intermestic Capital and President of EB5 Horizon.
Dennis explains how the project stands apart from typical EB-5 offerings by:
Offering investors a real rate of return
Building safeguards through aligned contracts that help ensure repayment capability
Pursuing priority processing with USCIS, which could dramatically shorten investor wait times
“We want EB-5 investors to see that this project not only secures their green card — it also provides a real return and the potential for priority USCIS processing.” – Dennis Cunningham
#EB5 #EB5Investors #EVelutionEnergy #IntermesticCapital #EB5Horizon
Evelution Energy Interview Chapter 21
Michael Gibson, USAdvisors, interviews Dennis Cunningham, Operating Partner Intermestic Capital, President EB5 Horizon
Transcript
EVelution Energy Interview Chapter 21 Transcript
Michael Gibson, Managing Director of US Advisors (USAdvisors.org) an independent Registered Investment Advisory Firm. Michael also owns and runs EB-5 Investments (eb5projects.com) and is an EB5 industry expert.
Marco Lopez, Managing Partner, Intermestic Capital
Sergio Chavez-Moreno, Operating Partner Intermestic Capital
Dennis Cunningham, Operating Partner Intermestic Capital, President EB5 Horizon
Michael Gibson,
Okay. Now the term, as I understand it, is five years. That's a five year commitment, which is fairly standard in the industry. But you're offering, and I'll leave this collectively to the group, to talk about a rate of return. An ROI, which is I've honestly never heard of before. And I want you to talk about that. Why did you choose? How may that change in the future? Because there are some things that you're working on, the immigration side. So, I know investors and, and I'm a former Citi banker. Return is, is a huge a deal for us in the investment world, in the private equity world. EB5 not so much. We're more concerned about getting the green card. Getting our family in here. Making sure we have an unconditional green card. But in your case, this does offer a real rate of return. So, maybe Dennis, I can start with you and then kick it to these guys.
Dennis Cunningham,
Sure. Thanks, Mike. That's a that's a great question. One of the things that was attracted us to this project not only the strategic part of it that EV offers, and, and the people that are involved there. But when we understood their approach. That they were gonna sign their on take agreements. And orders of the products that we're buying, and their off take agreements. The product that we're selling. In the same month off the same index. We understood that they were trying to bake in their margin. And that margin provided us the comfort to have the, the, the, the feeling that, that, that they would be able to perform and repay the guarantee. They also came to us and said, hey look, this is a first class project. And we want to encourage the EB5 Investor who, who understands hotels, cause they've heard 100 hotel pitches, or condo pitches, or multi family use pitches. We want to incentivize them to take the time to understand what we're doing. Because we're not like everybody else. And reward that time that they're investing up front to understand it. The other thing that's I think important to understand is that as part of the Strategic Metals and Materials Initiative, that are in the national security interest. We can apply for "priority processing" with USCIS. Which is the highest and quickest turnaround. We've retained an attorney who is in the, in the process of providing that application to USCIS. He has 100% success rate in this type of application, with this material, cobalt processing plant. And we believe we'll get that approval. When we get that approval, then it's up to the project sponsors, to determine whether or not they want to modify that rate of return for anybody who signs up after. Which shortens your processing time dramatically.