Typical Project funding criteria

A project is a large commercial collaborative enterprise involving engineering design, financing, procurement of equipment and services, culminating in construction and operation of a plant by the owners.   Project planning has to achieve results over a fixed period of time, within budget and produce the financial revenues claimed.

A project is generally funded by means of a long term, non recourse loan that the project will repay from its revenues when it is operating so as to leave the project owner company intact to do its job of setting-up and running the project.

Location:

Anywhere in the world where the country has a credit rating of at least BBB or there is a bankable payment and political risk insurance policy for the project.

Sectors:

Power, renewable, water, utilities, recycling or industrial.

Total project budget:

Minimum $50M up to $2B

Period of project loan:

Typically 10 to 30 years but may change depending upon international financial market conditions at the time we arrange the loan.

Loan terms:

Best financing market terms

Important project financial ratios:

IRR of at least 16%

DSCR better than 125%

Project launch status requirements:

EPC contract with a reputable contractor company.

Plant O&M contract with a reputable company if not carried out by owner.

Take-off agreement of all the projects output for the period of the project loan.

All permits granted for enabling the start of project construction.

Click here to get the full list of documents required by the funders for your project.