Does the project meet the requirements for export credit agency (ECA) coverage?
Which financing structure best fits the project concept?
How do we make the project bankable?
What are the key project risks, and how do we address them?
How do we reach a consensus with multiple lenders and ECAs?
We are a team of experienced international experts with a focus on project financing backed by export credit guarantees. The increasing use of project funding and export credit agency (ECA) coverage is driven by the growing demand for long-term funding for capital-intensive projects. Project financing lets sponsors finance large projects on normally attractive terms off the balance sheet. In addition, it is possible to share with the lenders the various risks associated with complex capital-intensive investments.
Nevertheless, investors seeking to implement large-volume projects face a whole range of challenges that can be effectively addressed with individual, tailored solutions. Our team of ECA Advisory experts specialise in this. Its strength lies in its composition. This is where colleagues with experience in the ECA and project financing business work. They have worked for German and international ECAs and have already structured a variety of international project finance deals. Our services cover the entire life cycle of the project.
Frank Mäder
Director, Deal Advisory
KPMG AG Wirtschaftsprüfungsgesellschaft
Independent advising for ECA covered transactions, including but not limited to:
- Analysis of the economic viability of a project and the preparation of feasibility studies (together with KPMG Law)
- Due diligence
- Ongoing project consulting
ECA coordination for multi-sourcing projects, specifically:
- Daily support and coordination of complex ECA-covered transactions
- Support in finding a compromise between investors, banks and ECAs
- Full analysis of project risks and advice on potentially sharing and addressing risks
Deal structuring, specifically:
- Financial modelling and model review
- Creation of information memoranda
Through our KPMG network, we offer our services in every part of the world. We have excellent market and industry knowledge in project financing, including infrastructure, energy, oil & gas, renewable energy and mining.
