We specialise in the power, oil and gas, water and chemicals sectors and advise corporates, governments and financial institutions on finance raising, strategic alliances, privatisations, divestitures and acquisitions. Our services are aimed at assisting clients develop renewable energy projects, participate in the consolidation of the industry and develop new capacity in response to price trends.

Recent projects include the MX Maritza East III independent power producer initiative in Bulgaria, the 1.8 billion refinancing of Southern Water (advice to the Office of Water Services), and the £185 million financing of new electricity and gas infrastructure for the Isle of Man through an Isle of Man Treasury bond issue. Our team comprises of former investment and commercial bankers and project developers who offer extensive experience in international independent power producer projects, and refinancing in the UK water sector based on "whole business securitisation". We work with Deloitte's network of offices in over 130 countries to give exceptional international coverage to our clients with services including advice on:

• Project commercial and financial structuring
• Risk analysis and quantification
• Assessing project viability, financial modelling and sensitivity analysis
• Commercial advice on force majeure and termination arrangements
• Analysis and calibration of formula pricing mechanisms
• Preparation of information memoranda for potential lenders / investors
• Running competitive financing processes
• Termsheet negotiations with potential lenders
• Contractual negotiations
• Structuring and running project refinancing on a competitive basis
• Project restructurings

We are not tied to any provider of finance and will advise on the most appropriate form of finance for each project, including commercial bank, bond, lease, European Investment Bank, export credit, multilateral agency and investment fund financing. If desired, our services can be combined with those of our audit and assurance, tax and consulting colleagues to provide a comprehensive service. 

If you would like to view our credentials or find out more about how we can assist please contact Gordon McKechnie, Corporate Finance Partner.