AFII
Infrastructure project with bridge and city skyline
Greenfield & Brownfield

Project Finance

Long-term finance built around the project's contracts, counterparties and operating economics.

Understanding The Mandate

What are the project's contracted revenues, delivery obligations and proposed capital contributions?

Investment Banking & Capital Raising

A project has a life of its own. Construction expenditure begins long before the asset can generate cash, while the parties who build, operate, purchase output and provide public approvals may be different institutions. AFII examines that full chain when advising on funding for new developments, expansions and operating assets.

The financing structure must be tested against realistic construction schedules, offtake agreements, concession terms, completion risks and debt-service capacity. Depending on the project, this may involve sponsor equity, institutional debt, export credit, guarantees or refinancing of an asset already in service. Published AFII materials describe longstanding involvement in energy, transport and infrastructure project financing; no generic leverage ratio is appropriate for every mandate.

The Issues That Matter

What The Structure
Needs To Address.

Each mandate needs a different balance of structure, commercial judgement and execution. These themes explain the practical issues that usually shape the work.

1

Making the project bankable

The legal structure, permits, engineering responsibilities and contractual allocation of risk should be intelligible to a lender before debt terms are negotiated. Financial models then translate those obligations into funding and repayment needs.

2

Finance through the asset's life

The approach may change from development and financial close to operation and refinancing. Post-completion opportunities deserve attention to operating history, reserves, maintenance requirements and the expected remaining asset life.

3

Working across institutions

Large projects often involve public bodies, commercial sponsors, foreign suppliers and financial institutions. AFII helps frame the funding conversation around the role and obligations of each participant.

A Practical Perspective

Work From The
Underlying Facts.

Nothing replaces the review of contracts, financial information and the particular circumstances of the borrower, project or investment. Each engagement remains specific to the transaction, counterparties and jurisdiction involved.

Discuss This Requirement
From The Published Directory

Related Published References.

All Transactions

References are drawn from AFII’s published transaction directory. Some entries describe historical, proposed or confidential assignments; inclusion does not establish that every project reached financial close. Photographs are editorial illustrations, not authenticated project images.

Start With The Mandate

Tell Us About The
Business Behind It.

Whether the discussion concerns a project, operating company or investment structure, we begin with what the business needs to achieve and what information is available.