Wright Legal offers a depth of experience in offtake agreements that is unique for a specialist banking and finance law firm.
Offtake contracts can be created between a producer and a buyer who agrees to purchase an amount of future production. An Offtake is normally negotiated prior to production and even before construction of a facility such as a mine, energy station or manufacturing plant.
Offtakes makes it easier to secure financing as the lender can see there is a purchaser already contracted to buy production output so it reduces the risk of the project financing.
Contact us to discuss offtake agreements.
See our transactions lists for a record of our experience in offtake agreements.