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Project Financing

Specialized lending of the self-contained investment cycle of a project company - Special Purpose Vehicle (“SPV”), i.e. a company specially created for the realization of a specific investment.

Financing the acquisition or construction of more complex facilities, generally covering larger, for example, electricity power plants, processing plants, oil & gas infrastructure, transportation infrastructure, etc.

The project is developed through a separate financial and legal entity with special investment purpose, different from the core business of the Sponsor with limited or no recourse to Sponsor.

The credit decision is based on future cash flows of the project company.

Project Financing

Promo

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Advantages

  • Flexibility Ring-fencing of the risks to the project company and the respective project.

Whom is it Suitable for?

  • Domestic and international commercial enterprises
  • Public and credit institutions, aiming to extend financing to support large investment project through syndicate/club loan lending

Collateral

Mortgages/pledges on the key project assets, enterprise pledge, pledge on receivables, pledge on shares in Project Company (the SPV) and receivables assignments of the rights arising from the most important project and insurance contracts, pledge of the key project accounts – 1st lien priority is required.

Market appraisal of security items is updated annually.

Insurances should be kept valid for the loan term.


Market Appraisal: List of eligible external evaluators of loan collateral.

Insurance: To receive an individual insurance offer for your business needs, please contact UniCredit Insurance broker.

Frequently Asked Questions

The market appraisal should be  renewed every year. The insurance must be maintained valid for the entire loan period.

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