SPIN Global Community Disaster Resilience Fund

PSEMA + SPIN Global = Strengthening Communities, One Resilient Project at a Time

Build a Resilient Future with the SPIN Global Fund

At PSEMA, we are proud to partner with SPIN Global to offer the Community Disaster Resilience Fund, a unique opportunity for organizations and jurisdictions to secure private capital for large-scale disaster resilience projects. This fund provides essential financial support to projects that aim to mitigate the impact of natural and man-made disasters, focusing on critical infrastructure sectors like energy, communications, transportation, and water.

What is the SPIN Global Community Disaster Resilience Fund?

The SPIN Global Fund is designed to fill critical funding gaps, providing 100% debt-free equity to eligible projects. This innovative fund offers faster access to capital, allowing organizations to act quickly and build resilience before or after disasters strike.

With a minimum project size of $100 million, the fund prioritizes initiatives that enhance disaster preparedness, recovery, and economic opportunities, particularly in underserved and historically marginalized communities. Smaller projects can also be combined to meet this threshold.

Key Benefits:

  • Fast Liquidity: Funding is available within 16 weeks of project approval, providing immediate resources for recovery and resilience.
  • Zero Debt: Unlike traditional loans, the fund offers equity without the burden of principal repayments.
  • Flexible Spending: Use the funds for a wide range of project needs, including planning, design, construction, and inspection.
  • Long-Term Support: Projects benefit from ongoing management and sustainment support through SPIN Global’s partner network.
  • Targeted Sectors: Priority is given to projects focused on energy, communications, transportation, and water infrastructure, enhancing community resilience.

Why Choose the SPIN Global Fund?

– Immediate Impact: Accelerate recovery and build long-term resilience with faster access to capital.
– Collaborative Approach: Join a network of global partners who support disaster resilience efforts worldwide.
– Sustainability Focus: Ensure your project is well-maintained and supported throughout its lifecycle.

Get in Touch

Have questions about eligibility or the application process? Our team is here to help! Reach out to us for more information or to schedule a consultation. We look forward to working with you to build stronger, more resilient communities.

Fund At-a-Glance

  • Priority Projects: Disaster preparedness, recovery, and economic opportunities, particularly in underserved and historically marginalized communities

  • Project Size: Minimum of $100 million. Smaller projects can also be combined to meet this threshold.

  • Fast Liquidity: Funding is available within 16 weeks of project approval, providing immediate resources for recovery and resilience.

  • Zero Debt: Unlike traditional loans, the fund offers equity without the burden of principal repayments.

Who Can Apply?

The fund is open to investment-grade-rated entities (Baa3 or BBB- or higher by Moody’s), including local, state, tribal, and territorial governments, as well as non-governmental organizations (NGOs).

Applicants must have a well-defined project strategy and demonstrate the potential for significant community impact.

If your organization is not investment-grade rated, you may still apply with a qualifying partner. The fund encourages collaboration to ensure that projects meet the minimum criteria and maximize their impact.

Application Process

To qualify for funding, applicants must:

– Submit a complete feasibility study and business plan outlining the project scope, timeline, and budget.

– Provide documentation of investment-grade rating or partner with a qualifying entity.

– Align the project with the fund’s goals of improving disaster resilience and benefiting underserved populations.

How to Apply

Interested in securing funding for your next resilience project?

Applying is easy:

1. Complete the Application: Fill out the online project investment application.

2. Submit Required Documentation: Include your feasibility study, business plan, and any other required documents.

3. Review and Approval: Once your application is submitted, the review process begins.

Funding is typically available within 16 weeks of project approval.

Ready to Explore the Fund?

Frequently Asked Questions

The SPIN Global Community Disaster Resilience Fund is a private equity fund that provides 100% debt free equity financing for public benefit projects aimed at increasing resilience to natural disasters. The fund is backed by large pension funds and targets projects in sectors like energy, transportation, communications, and water infrastructure, particularly in underserved or disaster prone areas.

The fund supports a wide range of disaster resilience and hazard mitigation projects. Eligible projects include:

  •  Energy infrastructure: Renewable energy systems, resilient power grids, and energy storage.
  •  Transportation infrastructure: Floodresistant roads, bridges, and public transit systems.
  •  Water infrastructure: Stormwater management, water treatment plants, and flood defense systems.
  •  Communications infrastructure: Emergency communication systems and resilient data centers.
  •  Real estate development: Disaster resistant affordable housing and community centers.

The focus is on projects that reduce disaster risk and increase resilience to floods, hurricanes, wildfires, earthquakes, and other natural hazards.

The fund provides several key benefits:

  • 100% debt free financing: Jurisdictions don’t need to issue bonds or take on debt, as the fund provides all capital in exchange for equity.
  • Fast access to liquidity: Funds are available within 16 weeks of project approval, enabling quicker responses to disaster recovery or preparedness needs.
  • Reimbursement of feasibility studies: Upfront costs for feasibility studies conducted up to three years before the project start date are eligible for reimbursement.
  • Flexibility in disbursement: Project funds can be drawn down at any time, offering flexibility in project planning and execution.
  • End To End support: SPIN Global provides access to a global network for project management and technical support throughout the project lifecycle.

To be eligible for the fund, jurisdictions must:

  • Be an investment grade rated entity (rated Baa3/BBB or above by Moody’s, Standard & Poor’s, or Fitch), or have a partner with such a rating.
  • Submit a business plan and feasibility study as part of the application.
  • Have a clear strategy for community disaster resilience and hazard mitigation.

States, municipalities, tribal governments, and other public entities are encouraged to apply.

The fund covers expenses related to:

  • Planning and design of the project.
  • Construction and build costs.
  • Inspections and project management.
  • Feasibility studies (with the option for reimbursement of studies conducted up to three years prior to the project’s start date).

Additionally, the fund allows for operating costs related to the project, giving jurisdictions flexibility to use the money where it’s needed most during the implementation phase.

Feasibility studies conducted up to three years before the project’s start date are eligible for full reimbursement, provided that the project receives funding from the SPIN Global Fund.

To receive reimbursement, jurisdictions must:

  1. Submit documentation of the feasibility study as part of their application.
  2. Ensure that the study is directly linked to the project seeking funding.

The reimbursement is provided once the project is approved and funds are disbursed.

Repayment terms are flexible and tailored to the needs of each project.

Key points include:

  • No debt to the project owner: The fund provides equity, so there is no loan to repay.
  • Amortized repayment: The investment is repaid through amortized principal payments and a low marginal dividend rate typical of large pension funds.
  • Shared ownership: The fund and the project owner share ownership of the asset until the investment is repaid. Once fully repaid, full ownership is transferred to the project owner.

A frontend fee of up to 3% of the total project amount is due within 60 days of the project’s term origination. This fee is payable from the investment itself, so the project owner doesn’t need to pay out of pocket. The fee is negotiable depending on the size of the investment.

Funds are available within 16 weeks after the project is selected and approved. This fast disbursement ensures that jurisdictions can quickly move forward with disaster resilience projects, especially when responding to immediate threats or post disaster recovery needs.

The fund specifically targets projects that mitigate risks associated with:

  •  Floods
  •  Hurricanes
  •  Wildfires
  •  Earthquakes
  •  Droughts
  •  Severe storms
  •  Other natural hazards

By focusing on infrastructure that enhances resilience to these risks, the fund helps protect communities from future disasters and accelerates recovery efforts.

Yes. If individual projects do not meet the $100 million minimum threshold, they can be combined with other projects to reach the required size. This allows smaller municipalities or jurisdictions to pool resources and collaborate on resilience efforts.

To qualify for the fund, jurisdictions must have an investment grade rating from a recognized credit rating agency (Moody’s, S&P, or Fitch). Investment Grade ratings are typically Baa3/BBB or above. States, cities, or municipalities with lower ratings can still apply if they partner with an investment grade entity that will act as the coupon guarantor or lessee for the project.

The fund targets projects that fall within the following sectors:

  •  Energy: Renewable energy, resilient power grids, energy storage systems.
  •  Transportation: Flood resistant roads and bridges, resilient public transit systems.
  •  Communications: Emergency communication networks, disaster resistant data centers.
  •  Water: Stormwater management, resilient water treatment plants.
  •  Real estate: Affordable housing and community centers designed to withstand natural disasters.

To apply, jurisdictions must:

  1. Submit a complete business plan and project proposal detailing the project’s scope, milestones, and budget.
  2. Provide evidence of an investment grade rating or partner with an IGR rated entity.
  3. Include a feasibility study and list of project team members. Submit the application through the provided form.

If a project fails to meet eligibility criteria (e.g., lack of investment grade rating, incomplete business plan), the project may experience delays in fund disbursement. SPIN Global may work with the applicant to address deficiencies, but it is critical to ensure all documentation and requirements are met before submission to avoid delays.

SPIN Global offers end to end support for approved projects. This includes:

  •  Access to a global network of partners who provide expertise in project management, implementation, and sustainment.
  •  Technical assistance during the planning and execution phases.
  •  Ongoing project monitoring to ensure success and alignment with disaster resilience goals.

The fund provides additional project funds to ensure the infrastructure remains up to date over its lifetime. This commitment helps ensure that projects continue to meet the evolving needs of communities and adapt to changing disaster risks.

Yes, NonGovernmental Organizations (NGOs) can apply for funding if they partner with an eligible investment grade rated entity (e.g., a state or municipality) that will act as the coupon guarantor or lessee for the project.