This chapter gives a global perspective on project financing (financing long-term infrastructure, industrial projects and public services). The how project financing works; which entities are usually involved in project financing transactions; and how project financiers deal with risk, with an additional focus on infrastructure development and privatisation trends. It is a financing technique that generally allows a company to raise funds to set up a project based on the feasibility of such a project and its ability to generate revenues at a level sufficient to cover construction and operational costs, as well as debt service and a return for the investor.
We have been actively developing our capabilities in Project Financing over the years and this has been demonstrated in the leading roles played in some of the major Projects undertaken in the recent past.
Project and infrastructure finance is a specialist area that requires a combination of industry and market knowledge with legal and risk management expertise, as well as a sound grasp of the financial fundamentals. Our international team has a reputation for successfully delivering first-class support in all segments of the infrastructure and energy markets. We advise borrowers, sponsors, funds, banks, non-bank lenders and bond arrangers on all products, from bilateral and syndicated senior debt through to listed bonds and other debt capital markets products.