PROJECT FINANCING

Project financing represents an ideal financing instrument
for major projects that are capital-intensive

Financing is provided for self-contained, economically and legally-isolated investment projects where the debt service payments are made from the future cash flow of the project. As a rule, the borrower is a project company set up especially for the realisation of the project. The assets to be financed essentially serve as collateral for the loans, with liability for the loans either excluded completely (non-recourse financing) or limited (limited-recourse financing).

We finance projects in particular in the following sectors:

1) Utilities (renewable energy, power stations, electricity networks, water supply/waste water disposal, etc.)
2) Traffic infrastructure (roads, tunnels, bridges, local transport systems)
3) Public Private Partnerships (PPP)
4) Manufacturing industry (e.g. in steel production, automobile production and cellulose production segments) as well as near-commodity projects (petrochemicals, oil and gas production and transmission etc