Structuring technical scope, sourcing strategy and the financing route together from the outset.
Explore Our ApproachEPC+F combines turnkey execution with financing structuring. Engineering, capital expenditure (CAPEX), procurement origin, contractual risks and lender expectations are developed within one coordinated process. The objective is a technically executable and financeable project package.
Financing remains subject to ECA, DFI or lender due diligence, credit approval and satisfaction of conditions precedent. This approach is not a financing guarantee or a binding credit offer.
Technical scope, capacity, site and preliminary CAPEX
Revenue model, PPA/off-take or credit support
Eligible sourcing origin and ECA content strategy
Permits, land, environmental and social (E&S) readiness
Risk allocation, lender due diligence and contracts
Alignment of procurement, construction and loan drawdowns
Project development starts by translating an investment need into a defined technical scope. Capacity, site conditions, permits, connection requirements and preliminary capital expenditure are considered together. Feasibility studies and a realistic programme establish the basis for subsequent engineering and financing decisions.
Bankability assessment considers the revenue model, repayment sources, sponsor support and allocation of risks within one framework. The EPC scope, commercial agreements and financial model are aligned. Information gaps are identified for technical, legal, environmental and social due diligence; financing decisions remain subject to the relevant lenders’ assessment.
Export credit agencies (ECAs), development finance institutions (DFIs), banks and project parties have different information and review requirements. Technical scope, procurement plans and financial data are brought into a consistent information package. Questions, document requests and decision milestones are tracked through a coordinated process.
Procurement packages are assessed for origin and export content alongside price and technical compliance. Equipment, services and local costs are identified separately. Potential ECA eligibility is reviewed against the relevant agency’s requirements and the project’s sourcing structure, with the purchasing programme developed alongside that assessment.
Public or sovereign-backed projects and private investments require different financing structures. The borrower or project company, equity contribution, cash flow, contracts and security arrangements are assessed together. The financing plan is linked to capital expenditure, payment milestones and the execution programme. The final structure is established for each transaction.
Initial opportunity screening is followed by scope definition, commercial structuring, feasibility work and lender due diligence. As financial close approaches, responsibilities and target dates are established for contracts, permits, approvals and conditions precedent. Closing preparation is coordinated with the engineering and procurement programme.
Technical, commercial and financing workstreams advance in parallel, with decision-ready outputs at each stage.
Sponsor, country, sector, scale, credit support and initial ECA fit.
Capacity, site, process or grid basis, schedule and preliminary CAPEX.
Commercial model, EPC scope, partners, sourcing content and financing route.
Feasibility, environmental and social impact studies, permits and financial model.
Technical, legal, E&S and credit reviews; contracts, approvals and conditions precedent.
Detailed engineering, procurement, construction, commissioning, training and handover.
The diagram illustrates a coordination framework. Contractual and security arrangements are transaction-specific.
The structure between the implementing agency, public budget support or sovereign guarantee and finance providers is assessed. Repayment sources and risks are established for each transaction.
The company or SPV, corporate support, asset security, PPA/off-take and escrow arrangements are considered together. Cash-flow adequacy forms part of lender due diligence.
| Topic | EPC | EPC + F |
|---|---|---|
| Financing planning | Separate owner workstream | Alongside technical and commercial scope |
| Sourcing strategy | Scope and delivery focused | Origin and ECA eligibility are also assessed |
| Decisions and execution | Separate contracting and finance processes | Shared decision gates and coordinated schedule |
Initial screening provides a starting point for suitability, delivery architecture, financing route and data-gap assessment.
Share your scope, site, capacity and target schedule so we can explore the right delivery approach.
