IPP Project Finance Advisory for Power Projects
We provide paid project finance advisory and debt placement services for independent power producers seeking senior project debt, private credit, DFI financing or other limited-recourse capital for power generation assets.
Our mandate typically covers bankability, debt sizing, financial modelling, transaction preparation, lender placement and execution support through financing negotiations and lender due diligence.
Paid IPP Project Finance Advisory
We work under paid advisory mandates. Qualified sponsors engage us to prepare the financing case, structure the debt requirement and approach suitable banks, DFIs, infrastructure lenders and private-credit providers.
We do not provide free lender lists or speculative introductions. The scope and advisory retainer are agreed before substantive transaction work begins.
Power Projects We Finance
Utility-Scale Solar
PPA-backed solar projects seeking construction and long-term project debt.
Wind Power
Financeable wind projects with defined resource, EPC and power-sale arrangements.
Hydropower
Generation projects requiring long-tenor financing around contracted revenues.
Gas-Fired Power
Thermal generation with credible fuel supply, dispatch assumptions and bankable offtake.
Battery Storage
Standalone or co-located storage projects with identifiable contracted or market revenues.
Captive & C&I Power
Private-wire and behind-the-meter projects backed by commercial or industrial offtakers.
Our IPP Project Finance Scope
Bankability Assessment
Review the PPA, offtaker, permits, site control, EPC structure, interconnection, sponsor equity and principal project risks.
Financial Modelling
Analyse project cash flow, DSCR, LLCR, debt capacity, tenor, amortization and downside sensitivities.
Debt Structuring
Determine appropriate senior debt, DFI capital, private credit, bridge debt and subordinated financing.
Financing Materials
Prepare lender-facing financial and transaction materials needed for institutional underwriting.
Lender Placement
Approach selected project finance banks, DFIs, infrastructure debt funds and private-credit providers.
Execution Support
Coordinate term sheets, lender questions, financial due diligence and transaction execution through the financing process.
Sponsors can also review our project finance debt structuring and project finance financial modelling services.
What Makes an IPP Bankable?
| Area | What Project Finance Lenders Review |
|---|---|
| PPA & Offtaker | Tariff, PPA tenor, payment security, termination rights, indexation and offtaker credit quality. |
| EPC & Construction | EPC contract, completion support, contractor experience, CAPEX, contingency and construction schedule. |
| Generation | Resource studies, expected production, degradation, availability and downside generation scenarios. |
| Sponsor Equity | Equity contribution, development expenditure, funding timing and sponsor support. |
| Debt Service | DSCR, LLCR, debt tenor, amortization and resilience under lender downside cases. |
PPA-Backed Project Finance
For many IPPs, the Power Purchase Agreement is the principal source of project revenue and one of the most important documents in the lender's underwriting process.
The lender will consider whether the tariff and contracted volume can support operating costs, taxes, reserves and scheduled debt service. It will also review the creditworthiness of the offtaker, termination compensation, payment security and the remaining PPA tenor relative to the proposed loan.
A strong PPA can materially improve financing prospects, but lenders still require an acceptable construction structure, permits, technical assumptions, sponsor equity and security package.
Our Financing Process
1. Project Review
Assess development status, CAPEX, PPA, sponsor contribution and total financing requirement.
2. Debt Sizing
Determine appropriate facility amount, tenor, repayment profile and lender type.
3. Transaction Preparation
Prepare the financial model and lender-facing financing materials.
4. Lender Placement
Approach suitable project finance banks, DFIs and private-credit providers.
5. Due Diligence
Coordinate lender review across financial, technical, commercial and legal workstreams.
6. Financial Close
Support financing negotiations and execution through satisfaction of lender conditions.
Sponsors operating in relevant markets can also review our project finance advisory in East Africa and solar PV financing structuring and placement services.
Frequently Asked Questions
What is an IPP?
An Independent Power Producer is a private-sector company that develops, owns or operates a power generation asset and sells electricity to an offtaker, often under a Power Purchase Agreement.
Can an IPP obtain non-recourse project finance?
Potentially. Lenders must be satisfied that project cash flows, contracts, security and risk allocation can support repayment without relying primarily on the sponsor's balance sheet.
Do you provide paid IPP project finance advisory?
Yes. Our work is performed under a paid advisory mandate covering agreed services such as bankability assessment, modelling, debt structuring, financing materials, lender placement and execution support.
Does an IPP need a signed PPA before seeking financing?
Not necessarily at the first advisory stage, but lenders generally require a sufficiently advanced and bankable revenue arrangement before moving toward committed project financing.
Do you provide project finance directly?
No. We act as project finance advisers and debt placement professionals. Banks, DFIs, infrastructure lenders and private-credit providers make their own financing decisions.
Submit Your IPP Financing Mandate
Provide the project location, technology, installed capacity, total CAPEX, sponsor equity, PPA status, development stage and required debt amount. If the transaction fits our mandate criteria, we will revert with a paid advisory proposal.
Submit Project Finance RequirementLegal Notice. FG Capital Advisors provides paid financial modelling, transaction preparation, project finance advisory and debt placement services. The firm is not a bank, direct lender or guarantor. Financing remains subject to independent lender underwriting, technical and legal due diligence, KYC and AML review, credit approval and definitive documentation. No financing, pricing, timing or closing outcome is guaranteed.
