Due to its critical importance in meeting growing global energy demands, Portland covers the Renewables and Energy Transition sector in its broadest sense: power generation from all sources of renewable and sustainable sources, manufacture of biofuels such as renewable diesel and sustainable aviation fuel, production of battery critical minerals such as lithium, copper and rare earth minerals, decarbonization and carbon capture schemes and green hydrogen and ammonia value chains.

Landmark transactions include:

• Vulcan Energy Geothermal/Lithium Project, Germany
• Oman Green Hydrogen, Oman
• Mazoon Copper, Oman
• 40MW Dahanu solar PV project, India
• 50M Kiran Energy solar PV project, India
• 100MW Rajasthan CSP project, India (see case study)
• Green Africa Power.

Geographic spread takes in the Americas, Europe, Middle East, Asia (including China) and Africa.

Our services include:

• Sponsor side advisory for the structuring of finance plans for both greenfield and operating projects, including detailed financial modelling
• Compilation of business plans in preparation for lender presentation
• Preparation of term sheets, project information memorandum and any other supporting materials
• Providing support in negotiation of project contracts
• Coordination of all debt arranging activities (due diligence, closing and satisfaction of conditions precedent)
• Structuring products such as mezzanine debt, preference shares, etc to add value for existing capital providers
• ECA/Agency/Government advisory

Funding options, depending on the project’s location, regulatory regime and renewable subsidy scheme (e.g. feed in tariffs versus market-based green certificates) will include a wide variety of sources including commercial banks, multilateral lending agencies (ADB, EIB, EBRD), bilateral development banks / agencies (DEG, FMO) and export credit agencies and political risk insurers.

Contacts for Renewables:
Geoff Knox | +44 (0)20 7183 8387 | geoff.knox@portlandadvisers.com