Over the years, Northstar Industries, Inc. has enjoyed a successful relationship with you in providing pre-manufactured products and on-going services for Natural Gas, LNG, Power, SCADA and Communications projects. In response to various customer requests, we would like to announce the unveiling of a new Energy Equipment Leasing Program for qualified customers desiring a leasing option instead of capital financing designed to provide leasing for Northstar pre-manufactured complete system solutions or for converting existing facilities to cash. This program has been made available to municipal utilities, private utilities, private industry and energy developers. Our underwriters provide very competitive rates that are essentially tied to your bond interest rate. In the past, inquiries regarding the leasing of large capital items took a relatively long time to process, with terms and conditions subject to available financing. We have now set up a pre-approved finance program for our rated customers, which allows us to give a preliminary approval within 48-hours¹. Northstar Industries, Inc. can now offer all of the available lease structures including capital leases, operating leases, first amendment leases as well as a variety of specialty leases to fit your specific needs.

What Types Of Equipment Can Customers Lease?

Natural Gas Top Side Facilities:  Metering & Regulating, Pre-heating, Odorization, SCADA, Communications, Chromatographs, Compression, District Regulator Stations, Security Systems, Launcher/Receivers, Power Systems.

Natural Gas Re-Burn Technology:  For Coal and Oil Power Generating Systems.

Distributed Power/Cogen:  Includes Micro-Turbines, Engines, Turbo-Expanders and Fuel Cells.

LNG Facilities:  Engineering, Procurement and Construction of Storage, Vaporization, Liquefaction and Fueling.

Why Do Customers Want To Lease Equipment?

• 100% financing from $10,000 to $50,000,000. Lease can be structured to cover soft costs and O&M.
• Has capital budget constraints, desires source of credit for working capital or has limits on bank lines.
• Interest rate tied to bond interest rate for municipals and private utilities and corporations.
• Customized financing such as seasonal payments, monthly, quarterly or annual payments, step or skip payments.
• Full use of equipment without ownership.
• The program covers new and existing facilities.
• Simple and fast approval process.
• The program offers flexible terms.
• Fixed rate for entire lease.
• Easy add-on / trade up.
• Project may pay for itself if it is an energy retrofit.
• Can lessen tax liability.
• Specialty leases, First amendment leases.

General Terms and Conditions for Private Utilities, Power Developers, Municipal, and Commercial Customers.

Finance Amounts:  Metering &$10,000 to $50,000,000

Finance Terms:  3-7 years
(stronger and larger credits may qualify for longer terms)

Payment Modes:  Monthly, Quarterly, and Semi-Annual

Target Market:  Projects ranging between $1,000,000 and $30,000,000

How Do We Start the Process?

¹Final approvals are subject to receipt of all required documentation and usually can be provided within 14 days from submission.