What the matter
actually requires.
Project finance requires the contract package and the financial model to tell the same story.
We examine the project vehicle, sponsor commitments, revenue arrangements, construction and operating risks, security package and lender controls. Conditions precedent and interfaces are considered with implementation in mind.
Our approach identifies who bears delay, payment and performance risk, and whether the documents permit the project to function when those risks materialise.
Are the financial commitments consistent with project risk?
