Illustrative Project Finance Experience
Our experience is grounded in the structuring of bank-aligned project finance frameworks, where lender risk mitigation and execution certainty are prioritised over instrument-led solutions.
The transactions outlined below are illustrative of the type of mandates and structures we advise on, reflecting our focus sponsor-backed support mechanisms and institutional bankability and on SBLC-enhanced credit frameworks.
Renewable Energy Portfolio – Southern Europe
Sector: Utility-scale solar
Estimated capex: €300 million
Structure: Non-recourse project finance
Role: Financial structuring advisory
We supported the sponsor in the design of a lender-focused financing framework for a multi-asset solar portfolio at shovel-ready stage.
The framework enhanced lender confidence during construction and facilitated alignment with senior debt providers toward financial close.
The structure incorporated a Tier-1 bank instrument issued as completion and early-stage risk support, backed by sponsor-owned eligible securities, integrated alongside standard project security and contractual mitigants.
Infrastructure Project – Transport & Logistics
Sector: Transport infrastructure
Estimated capex: €450 million
Structure: Limited-recourse project finance
Role: Structuring and risk mitigation advisory
Advisory support was provided in relation to the development of a complex infrastructure asset requiring phased construction and long-term availability revenues.
A tailored bank instrument for credit enhancement structure was integrated, to mitigate construction and counterparty risk during the initial operational period, supporting lender credit assessment and improving financing conditions.
Hospitality Development – Destination Asset
Sector: Hospitality / mixed-use real estate
Estimated capex: €180 million
Structure: Limited-recourse development finance
Role: Project finance structuring
We advised on the structuring of a destination hospitality project with a phased development profile and stabilisation period.
The financing framework included an insurance wrap package by Tier-1 worldwide insurance company to support risk mitigation during the construction and ramp-up phase, underpinned by sponsor-owned eligible assets, to address early cash flow volatility and completion risk from a lender perspective.
Energy Transition Project – Emerging Market
Sector: Renewable energy / energy transition
Estimated capex: USD 250 million
Structure: Project finance with enhanced credit support
Role: Structuring and lender alignment advisory
The mandate involved structuring a bank-acceptable framework for a renewable energy project in an emerging market jurisdiction.
Cross – Sector Experience
Across our advisory mandates, we have supported projects involving:
- infrastructure and utilities
- renewable energy and energy transition assets
- hospitality and real assets
- cross-border project finance structures
Our experience consistently focuses on aligning sponsor strength, asset backing and bank guarantee issuance or insurance wrap package with lender requirements and credit committee expectations.
Approach to Experience Disclosure
Given the confidential nature of project finance transactions, client identities and specific commercial terms are not disclosed publicly.
Our experience is presented at a structural and thematic level, reflecting the frameworks we design and the institutional standards we adhere to.