Portland covers the energy sector in its broadest sense, including power generation (coal and gas), upstream oil & gas, LNG liquefaction and regasification, refining, petrochemicals and gas/electricity transmission. Geographic spread takes in Europe, the Middle East, Asia, Africa and Latin America.
Landmark transactions include:
$4.6 billion limited-recourse debt financing for Coral South FLNG, Mozambique – voted “2017 Middle East & Africa Oil & Gas Deal of the Year” by PFI (see case study)
$1.6 billion limited-recourse debt financing for Barka3-Sohar2 IPPs, Sultanate of Oman – voted “2010 Middle East Deal of the Year” by PFI (see case study)
$2.5 billion limited-recourse debt financing for Reficar refinery exansion project, Colombia – voted “2011 Latin American Downstream Oil & Gas Deal of the Year” by PFI (see case study)
$3.5 billion Sasan integrated coal and power project, India.
Portland’s services include:
Structuring and negotiation of limited-recourse project financings for greenfield projects
Negotiation of project contracts working closely with technical and market consultants
Coordination of all lending activities (due diligence, closing and satisfaction of conditions precedent)