Stirling Infrastructure raises capital for project sponsors. The firm provides a comprehensive corporate finance function to finance infrastructure projects.
Stirling Infrastructure raises equity for infrastructure projects. This includes equity capital raises on direct investments and for co-investments.
The firm’s analysts spend time researching and understanding the investment proposals and appraise the opportunities for an equity capital raise. All investments presented to the firm are benchmarked against a range of infrastructure KPI metrics. Our sector analysts determine, on an objective basis, how and whether the investment is expected to perform against comparable transactions and funds. Once the analysts have formed an opinion on the investment proposal, this analysis is presented to the firm’s Investment Board.
The Investment Board consists of infrastructure executives who have substantive experience in reviewing such investments by sector and geography. After the Investment Board meets to discuss the proposal, they will either:
The Investment Board accepts mandates that will meet the investment criteria of institutional investors. The Investment Board is satisfied that if a mandate is accepted, Stirling Infrastructure, the firm, is confident that it will achieve a successful capital raise.
Stirling Infrastructure facilitates both debt raises and refinancing arrangements for infrastructure assets. This may relate to project finance or to operating assets. As a specialist infrastructure financier, Stirling Infrastructure can finance projects with debt from local, national, and international banks, and private debt funds. The firm uses its relationships from prior transactions to bring cooperative lenders together so that the provision of structured debt is delivered quickly and at competitive rates.
The cost of capital, tenor, and conditions that the facility will be lent on, can be altered depending on the lender’s appetite towards risk in the specific country, subsector, borrower’s experience, borrower’s balance sheet, or forecasted cash flows, among other factors.
What makes Stirling Infrastructure unique is the market knowledge the firm has and the relationships it maintains with mainstream and specialist infrastructure lenders ‑ some of which are not commonly known in the market. The firm does not have a specified restriction on any jurisdiction. Stirling Infrastructure has expertise in:
The transactions team reviews the debt requirement and supports the client in preparing the business case appropriately before it is presented to the selected, appropriate lenders. The transactions team manages the entire process in consultation with the client.
Co-investments can be an effective way for investors to allocate into infrastructure projects. Co-investments have several benefits, which include:
Stirling Infrastructure has the expertise to originate, conduct due diligence, and appraise and present co-investment opportunities to project sponsors that have been approved by our Investment Board. Only projects presented by project sponsors, which can convey a co-investment demonstrating bankability, are approved by the Investment Board.