Infrastructure & Energy
Project finance and structuring for energy, transport and water.
Infrastructure & Energy
Our reading of the sector
The region's infrastructure gap is well known and documented, yet bankable projects remain rare: the difficulty lies not in identifying needs but in structuring transactions that international lenders can finance without excessive reliance on sovereign guarantees. Energy, transport and water account for the bulk of the sub-region's long-term financing needs.
What we do
- Structuring of non-recourse or limited-recourse project finance
- BOT, BOOT and concession schemes for contracting authorities and sponsors alike
- Financial modelling and sensitivity testing against traffic, tariff and exchange-rate scenarios
- Negotiation of loan agreements and guarantees with development finance institutions
Questions we know how to address
- How can a power plant be financed under a BOT scheme without recourse to the sponsors?
- What risk allocation should be adopted in a toll-road concession contract?
- How can a partial sovereign guarantee be combined with commercial financing?
Structuring of an energy infrastructure financing for an operator in West Africa — named references available on request, subject to the non-disclosure agreements in force.
Three reasons to entrust us with an infrastructure & energy mandate.
We model the downside scenarios first.
Traffic, tariff, exchange rate: our sensitivity tests are run before the project file is presented, not after a lender's first objection.
A detailed understanding of BOT/BOOT risk allocation.
Concessions, PPPs, non-recourse financing: we know how to share risk between the contracting authority, sponsors and lenders without placing the bulk of it on a single party.
Verifiable references, under confidentiality.
Our previous mandates in this sector can be disclosed by name on request, in compliance with the non-disclosure agreements in force.
Further reading
- Project finance in AfricaNon-recourse and limited-recourse structures, in detail.
- Infrastructure financeEnergy, transport, water — BOT, BOOT, concessions.
