Our Services

We provide a focused set of services designed to take an infrastructure or energy project from initial financial structuring through to the close of financing. Every engagement is managed by our senior advisory team, with institutional-quality outputs at every stage.

Transaction Structuring and Capital Stack Advisory

Before any investor conversation begins, the deal must be structured correctly. We analyze each project's cash flow profile, asset base, contractual arrangements, and risk factors to design a capital structure that is both financially sound and appropriate for the project's operating context.

This includes determining the appropriate mix of senior debt, subordinated debt, mezzanine capital, and equity; sizing each tranche relative to the project's debt service capacity and collateral base; and identifying where development finance institution participation can anchor the structure and improve commercial lender comfort.

For multi-site or platform transactions, we advise on sequential project financing structures and phased drawdown arrangements that allow lenders to establish exposure incrementally.

Key deliverables: Capital structure recommendation memo; debt-to-equity ratio analysis; DSCR modeling and sensitivity analysis; DFI participation strategy; phased drawdown framework, where applicable.

Financial Modeling and Feasibility Analysis

We build and validate the financial models that institutional investors and lenders will use to underwrite a transaction. Our models follow the conventions of international project finance — fully formula-driven, three-statement integrated, with explicit debt service schedules, cash flow waterfalls, and DSCR calculations across the full project life.

For debt-focused transactions, we model amortization profiles that can be sculpted to match the project's cash flow ramp, a critical structuring tool for projects with a development-phase ramp-up prior to full commercial operations.

For equity-focused transactions, we present returns at both the unlevered project level and the levered equity level, with scenario analysis covering base, downside, and stress cases.

Key deliverables: Base case financial model (matching projection horizon); sensitivity and scenario analysis; debt service schedule; cash flow waterfall; equity return analysis (IRR, MOIC, payback period). Financial models are stress tested with Integrated Stress Testing (IST), and the Forward-Looking Capital Adequacy Framework

Investor Documentation — Debt and Equity Tracks

We produce the full documentation package that accompanies a transaction in the market — separately prepared for debt and equity audiences, since these investor types require fundamentally different narratives and metrics.

For equity investors, the documentation leads with the investment thesis, the unlevered project IRR, the levered equity return and MOIC, the management team, and the platform growth story. For debt investors and project finance lenders, the documentation leads with the DSCR, the LTV, the security package, the offtake or revenue contract, the cash flow waterfall, and the amortization schedule. The underlying project is the same; the lens is entirely different.

Key deliverables: Confidential Information Memorandum (CIM); Project Teaser (equity and/or debt version); Investor Presentation; Financial Model; Risk Assessment; Data Room (Goldman Sachs-standard indexed structure).

Investor Identification and Placement

Investor placement is the final stage of a process that begins with structuring, not the whole of what we do. By the time we bring a transaction to the market, it has already been through our full advisory process: the capital structure has been designed, the model has been built and stress-tested, the documentation is institutional-grade, and the deal has been framed specifically for the investor audience we are approaching. That preparation is what separates our placement work from that of a conventional placement agent.

We maintain active relationships with infrastructure equity funds, infrastructure debt funds, development finance institutions, sovereign wealth funds, and project finance banks across North America, Europe, the Middle East, Africa, and Asia. Every investor we approach is researched and selected for mandate fit, geography, sector, ticket size, and risk tolerance before any outreach takes place.

We manage the full process, from initial outreach through executed term sheets: investor targeting and list curation, introductory outreach and follow-up, due diligence facilitation, management presentation preparation, Q&A management, and term sheet negotiation support. We do not charge success fees at the initial outreach stage — our incentives are aligned with closing, not with generating meetings.

Key deliverables: Targeted investor list with rationale; outreach management and tracking; investor Q&A responses; management presentation support; term sheet review and negotiation support.

Development Finance Institution (DFI) Engagement

DFI participation, from institutions such as the IFC, the African Development Bank, the OPEC Fund, FMO, DEG, Proparco, Norfund, and others, can be transformative for emerging market infrastructure transactions. DFI involvement reduces perceived political and currency risk for commercial co-lenders, provides concessional pricing that improves overall project economics, and often is a prerequisite for attracting other institutional capital.

We are experienced in preparing the application materials, environmental and social impact documentation, and governance frameworks that DFIs require. We understand that DFI processes are long and that managing them in parallel with commercial capital raising requires discipline and explicit timeline management.

Key deliverables: DFI target identification and prioritization, application support, E&S documentation aligned with IFC Performance Standards, and DFI co-financing structure design.