Track Record
Selected Situations
Illustrative engagements demonstrating our institutional approach. Counterparty names and terms are confidential and shared under NDA.
Confidentiality Notice: The situations below are illustrative of our underwriting and structuring approach. Specific counterparties, financial terms, and project identifiers have been anonymized. Detailed information is available under NDA for qualified institutional counterparties.
Gas-to-Power Platform Transition
Role: Origination + Structuring + Execution Support
Complex regulatory transition requiring alignment of multiple stakeholders across generation, fuel supply, and grid interconnection under evolving Mexican energy policy.
What We Did
- Screened 12+ related opportunities to identify platform potential
- Structured repayment logic around contracted take-or-pay volumes
- Aligned counterparties across fuel supply, generation, and offtake
- Developed governance and reporting cadence for institutional oversight
Risks & Mitigants
Regulatory uncertainty
→ Documented pathway + stakeholder mapping + conditions precedent
Counterparty execution
→ Governance framework + reporting cadence + ring-fencing
FX exposure
→ USD-denominated structure + 3–5 year hedging tenor
Renewable Energy Portfolio Consolidation
Role: Structuring + IC-Ready Packaging
Multiple operational wind and solar assets requiring consolidation into a single institutional-grade vehicle with standardized documentation and reporting.
What We Did
- Evaluated portfolio DSCR under 10,000 Monte Carlo scenarios
- Standardized contractual frameworks across disparate PPAs
- Designed security package with perfected liens and SPV segregation
- Prepared IC-ready materials meeting DFI presentation standards
Risks & Mitigants
Contracted volume variability
→ Take-or-pay provisions with minimum volume guarantees
Asset liquidation uncertainty
→ Independent valuation + recovery waterfall simulation
Interconnection risk
→ Verified CENACE permits + operational track record
Transmission Infrastructure Development
Role: Screening + Diligence
Greenfield transmission project requiring detailed construction risk analysis and regulatory pathway confirmation before institutional presentation.
What We Did
- Conducted pre-FID assessment and risk allocation mapping
- Evaluated EPC contractor track record and completion guarantees
- Assessed regulatory and environmental permit pipeline
- Identified and quantified key risks for IC memo preparation
Risks & Mitigants
Construction completion risk
→ LSTK EPC with performance guarantees + insurance
Sovereign/regulatory override
→ Explicit sovereign immunity waiver + ICC arbitration
Title and documentation gaps
→ Clean documentation package + dual legal opinion
Industrial Infrastructure Credit Platform
Role: Origination + Execution Support
Operational industrial facility requiring refinancing and expansion capital with institutional-grade documentation and cash flow assurance.
What We Did
- Structured senior secured facility with ring-fenced SPV
- Negotiated intercreditor terms and payment waterfall
- Aligned sponsor incentives with institutional governance requirements
- De-risked through DSRA establishment and covenant structure
Risks & Mitigants
Counterparty concentration
→ Diversified offtaker base + credit insurance
Operational disruption
→ Business interruption insurance + O&M contract
Currency mismatch
→ USD-denominated revenue + natural hedge analysis
Distributed Energy Platform
Role: Structuring + Diligence
Portfolio of distributed generation assets requiring aggregation and institutional structuring to meet minimum ticket requirements.
What We Did
- Aggregated multiple small-scale generation assets into single vehicle
- Developed standardized risk framework across heterogeneous assets
- Structured blended finance approach combining equity and credit
- Created monitoring and reporting framework for institutional oversight
Risks & Mitigants
Portfolio correlation risk
→ Geographic and technology diversification analysis
Small-scale operational risk
→ Centralized O&M + performance guarantees
Regulatory fragmentation
→ Jurisdiction-by-jurisdiction permit mapping
Infrastructure Concession Restructuring
Role: Screening + Structuring Advisory
Existing concession with complex stakeholder dynamics requiring restructuring of debt, governance, and contractual framework for institutional acceptance.
What We Did
- Mapped full claim waterfall under Mexican insolvency framework
- Analyzed concession enforceability and termination compensation
- Proposed governance restructuring to meet institutional standards
- Delivered decision-grade memo with clear go/no-go recommendation
Risks & Mitigants
Concession renegotiation risk
→ NPV termination analysis + legal opinion
Political interference
→ Stakeholder engagement plan + ICC arbitration clause
Documentation deficiencies
→ Full documentation remediation roadmap
What We Do Not Do
Explore a Confidential Conversation
Detailed project information, deal terms, and counterparty details are shared exclusively under NDA.
Request Information