About Us

Energy and Infrastructure Project Finance

Founded in 2005, Greengate is an independent financial advisory firm that specializes in complex project, corporate, and hybrid debt financings for energy and infrastructure projects around the globe. Over two decades, the firm has built a reputation as one of one of world’s premier independent financial advisors.

We advise developers and sponsors, financial institutions, governments, and institutional investors on the financing of infrastructure projects globally, including some of the largest and most complex project financings. To date, Greengate has advised on over $450 billion in infrastructure assets across more than 60 countries.

WHAT WE DO

A successful transaction requires a financing structure and risk profile that is consistent with both the lender’s credit standards and the sponsor’s commercial and financial objectives – a combination that must be achieved in a dynamic context involving complex assets, contractual arrangements, governmental objectives and markets. Our experience advising clients on all sides of transactions provides us with the insight, creativity and practical experience to effectively achieve our client’s objectives within this context.

Greengate applies its expertise to restructuring and value recovery of distressed project debt. We support lender syndicates and distressed borrowers in navigating default scenarios. Our support includes:

Debt Restructuring: Advising on loan renegotiations, refinancing options, and capital structure adjustments to improve project sustainability.
Cash Flow Optimization: Analyzing liquidity constraints and developing strategies to improve cash flow management.
Risk Management: Identifying key financial and operational risks affecting project performance and developing mitigation strategies.
Stakeholder Coordination: Facilitating discussions among sponsors, lenders, and government entities to align interests and reach viable restructuring agreements.
Exit Strategies: Evaluating options such as asset sales, refinancing, or recapitalization to maximize recovery value for stakeholders.
Crisis Management: Assisting in navigating legal, regulatory, and financial challenges to stabilize distressed projects.

Greengate works with state-owned companies and public sector entities to assess the financial and economic viability of strategically significant infrastructure projects. Our support includes:

Feasibility Analysis: Evaluating project costs, revenues, and financial sustainability to support investment decisions.
Financial Modeling: Developing dynamic models to analyze funding structures, cash flows, and risk exposure.
Risk Assessment: Identifying key financial and operational risks and advising on mitigation strategies.
Funding Strategy: Supporting governments in securing financing from export credit agencies, multilateral institutions, capital markets, and private sector partners.
Transaction Structuring: Advising on structuring deals to ensure long-term viability, including negotiation of key project agreements such as offtake, EPC, and other commercial contracts.

Greengate supports financing institutions, including commercial lenders and government financing agencies, in evaluating and negotiating large project finance transactions. We have a strong track record working with export credit agencies, multilateral banks, and public sector lenders. Our support includes:

Due Diligence: Conducting in-depth financial reviews to validate project feasibility and identify potential risks.
Financial Modeling: Developing and using detailed, dynamic models to analyze project cash flows, debt service coverage, and financial returns under various scenarios.
Risk Mitigation: Advising on strategies to address market, credit, and operational risks.
Debt Structuring: Designing optimal debt packages, including senior and subordinated debt, repayment schedules, and covenant frameworks.
Sensitivity Analysis: Evaluating project resilience by modeling the impact of variables such as interest rate changes, construction cost overruns, or revenue shortfalls.
Negotiations and Documentation: Supporting lenders in negotiating loan terms, security packages, and credit agreements to ensure alignment with market conditions and regulatory standards.
Monitoring: Assisting with post-financial-close monitoring, compliance reporting, and performance evaluation to safeguard the lender’s interests throughout the project lifecycle.

Greengate works with project developers and sponsors to formulate a bankable commercial structure and financing plan, and assist in negotiating and executing the optimal capital structure. Our support includes:

Financial Structuring: Designing tailored capital structures to optimize risk allocation and project bankability.
Equity and Debt Procurement: Assisting in securing equity investments and debt financing from institutional investors, government credit programs, export credit agencies, and multilateral organizations.
Financial Modeling: Developing robust financial models to assess project returns, optimize financing terms, and support investment decisions.
Risk Assessment: Identifying and mitigating financial, contractual, and market risks that could impact project viability.
Bid Strategy & Negotiation: Advising sponsors on competitive bidding strategies and negotiating key financial and commercial terms.
Transaction Execution: Managing financial close processes, coordinating due diligence, and supporting documentation to facilitate timely execution.

RECENT NEWS

FPSO Amirante Tamandaré

Export Credit Agencies

Brazil

Client

Location

February 2025 Floating production, storage and offloading unit (FPSO) Amirante Tamandaré completed its continuous production test and is operating under charter to Petrobras. FPSO Amirante Tamandaré is the largest oil producing unit in Brazil, with a capacity of 225,000 barrels of oil and 12 million cubic meters of gas per day.

Greengate advised a consortium of four export credit agencies financing the project.

Chesapeake Bay Bridge-Tunnel

US DOT TIFIA

Virginia, USA

Client

Location

January 2025 Boring of the mile-long Parallel Thimble Shoal Tunnel, part of the Chesapeake Bay Bridge-Tunnel, was completed.

Greengate advised the US Department of Transportation TIFIA program on the financing of this project.

Amiral

Export Credit Agencies

Saudi Arabia

Client

Location

February 2025 The Amiral petrochemical project, an expansion of the existing SATORP refinery, has been awarded Middle East & Africa Petrochemical Deal of the Year for 2024 by Project Finance International.

Greengate advised three export credit agencies on the financing of this $11 billion project, sponsored by Saudi Aramco and TotalEnergies.

Plug Power

US Department of Energy

Multiple US states

Client

Location

January 2025 The US Department of Energy closed on a $1.66 billion loan guarantee to finance construction of up to six facilities producing clean hydrogen using Plug Power's electrolyzer technology.

Greengate advised DOE on financing this project and will continue to support DOE in post-closing activities.

AWARDS & RECOGNITION

Greengate has successfully closed some of the largest and most complex project financings globally, including several first-of-a-kind transactions. Many of our high-profile deals have earned “Deal of the Year” awards from leading publications including IJGlobal, Project Finance International, and others.

Project Finance International consistently ranks Greengate among the top global advisory firms in closing project finance transactions, as reflected in the tables below.