Project finance

Talanworth provides resources to clients developing, financing and managing projects.

Project finance is feasible where the revenues generated by, typically, an improvement to infrastructure, can be predicted prior to construction start with a degree of certainty sufficient to enable construction to be financed without any significant reliance on (recourse to) the principal stakeholders beyond their equity contribution. 

Project finance is now available for a very wide range of projects and may take specialised forms such as PFI (Private Finance Initiative) or PPP (Public Private Partnership) or BOT (Build Operate Transfer) or similar regimes.

Talanworth provides a range services for project finance from which clients pick and choose according to their own resources and experience. See also Talanworth's experience and track record.  Case Studies contains some project examples. Services provided include:

1. Rapid assimilation of core project characteristics and initial evaluation of suitability for project finance.

2. Assessment of the principal risks and obligations associated with the project.

3. Mitigation for such risks and implications for contractual structure.

4. Identification of options for financing the project.

5. Discussions and negotiations with potential sources of finance.

6. Short-listing, invitation, evaluation, appointment and management of key project advisors.

7. Arranging the development of a project specific financial model.

8. Procuring authority negotiations, including recommendations for enhancements needed for financing the project.

9. Bid preparation, submission, preferred bidder negotiations with procuring authority, including government where relevant.

10. Financing terms and conditions, term sheet negotiation, finance and security (collateral) documentation finalisation.

11. Finalising the contract structure to meet client's and funders' objectives.

12. Advice to shareholders and sponsors on their obligations and how to control their exposure to the project.

13. Project company formation, staff recruitment, management systems and controls.

14. Board Report on Project, including assessment of returns, risks and sensitivities.

15. Project management of tasks necessary to achieve timely financial close.

16. Support through construction, including compliance with funders' requirements.

17. Board membership of project company on non-executive basis or under interim management contract.

18. Support during operation, value generation via cash optimisation and refinancing opportunities.

19. Release of additional value to shareholders via sale of shareholder loans and / or equity interests - exit strategy.

Contact us to arrange a meeting with Talanworth to explore our services further. Use the central box below for more on project finance.

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