Frequently Asked Questions
What is the history of RestorCap?
We were founded in 2015 from a simple conference-room concept to connect capital with nature while redeveloping sites into productive reuse. Recognizing the value of natural capital, we raised private capital to invest in environmental projects. Our team has worked on dozens of brownfield remediation and ecological restoration projects throughout the country.
What type of site does RestorCap acquire?
We focus on opportunistic brownfield and heavy power use sites in all areas of the country.
Where are RestorCap’s projects located?
We currently have multiple active projects and markets in the greater Portland area, Seattle and East Washington, Arkansas, South Texas, New Mexico and California. We are heavily focused on identifying and evaluating contaminated industrial sites throughout the United States.
How does RestorCap fund its projects?
We self-fund all our projects with private equity capital. Our financial strength and $1 billion in bonding capacity allows us to undertake complex restoration and redevelopment projects of any size.
How does RestorCap transfer environmental risks from sellers and buyers?
We assume sellers’ (responsible parties) liability for environmental cleanup of their property. We take on the risk of negotiating a Prospective Purchaser Agreement (PPA) with the environmental agencies involved. The PPA is a legally binding agreement that ensures continuing environmental obligations are not passed on to our buyers at the time of sale.
How does RestorCap manage environmental risks?
Prior to land acquisition, Restorcap conducts a rigorous due diligence process to assess environmental and market risks of the project and engineers multiple layers of protection as part of the liability transfer from sellers. Our in-house professionals work with a highly qualified set of environmental attorneys, engineers and insurance experts to ensure that site remediation work is fully completed to the benefit of all parties.