The guarantee helps mitigate the risks faced by a bank that provides financing to their IPP, and thereby reduces a price offered by the PPA (Baker & McKenzie, 2015). For example, Cronimet offers its mining clients an option to fund the offtake of electricity through commodities they extract rather than a cash settlement. This arrangement allows combining commodity trade finance, through Cronimet’s Trading division, with a PPA from Cronimet’s Power division.