project finance
our vision
By providing access to both equity and debt secondary markets, Avering’s financial engineering is just as critical to the success of a large project as are the traditional forms of engineering, in order to structure financing alternatives, create the optimal capital structure, guarantee access to the required capital and maximize the assets’ value of the structured finance transactions as part of the project finance process.
Financing Alternatives
Capital Structure
Required Capital
Maximise Assets’ Value
our customers
Avering advises project sponsors, investors, contractors, operators, and governments in order to boost their initiatives and projects by engineering project finance transactions to maximize the value of their assets.
our process
Project finance can be arranged when a particular infrastructure (or facility) or a related set of assets is capable of functioning profitably as an independent economic unit. The sponsor(s) of such a unit may find it advantageous to form a new legal entity (special purpose vehicle or SPV) to build, own, and operate the project. If sufficient profit is predicted, this company can finance the construction of the project on a project basis, which involves the issuance of equity securities and of debt securities that are designed to be self-liquidating from the revenues derived from project operations.
Engineering
Engineering
The project sponsor(s) shares the risks associated with the project failure with the other participating entities by keeping the project off the balance sheet.
Financing
Financing
As the projects are large and capital extensive, multiple parties often provide capital in the form of debt or equity.
Management
Management
As the whole project is a different entity, a dedicated team is assigned to look after the completion of the project, which results in better efficiency and output.
Explore beyond your limits
We look forward to doing great things with you anywhere in the world.
our services
Performing a personalized, confidential and independent service, we advise our clients to make the best decisions regarding the planning and management of their investments and projects, with the main objective of boosting growth and return on their initiatives by leveraging and maximizing the value of their assets.
Initial Diagnostic
We start supporting our customers through an initial diagnosis to see if they are in the position to carry out the structured finance process, analyzing the resources available, both financial and, human and technical.
Asset Valuation
Once completing the initial diagnosis, we proceed to determine the value of the assets identified as part of the structured finance process to understand their potential performance through due diligence or asset valuation.
Feasibility Analysis
Obviously, we should not take any step without performing the relevant economical-financial and tax analysis, determining the viability of the investment, the expected return on investment and the technical requirements for its implementation.
Strategic Planning
Along the process, we will have to review the strategic axes and define the business plan with which our customers will address the identified initiatives exploiting their strengths and the opportunities of the targeted investments.
Project Management
Depending on the maturity of the initiative and its potential performance, we get involved in the conceptualization, controlling and execution of the projects under an “Interim Management” model, in order to guarantee the return on investments of our customers.
Brokering
As part of the transactions designed by Avering, we participate in the profits generated by the mediation in the trading of assets and commodities through leading financial institutions, international corporations and private banks operating in the secondary equity and debt markets.