Corporate & Investment

Structured & project finance

Funding assets on the cash flows they will generate

Overview

Limited-recourse funding for infrastructure, energy and large industrial projects, where the asset repays the debt rather than the sponsor’s balance sheet.

We lead, underwrite and syndicate, and we work alongside tax equity investors, federal loan programs and export credit agencies on projects that need patient capital.

Why HBI

Covered by people who know your sector

Our corporate and investment bank is organized by sector and staffed regionally. The people pricing your risk follow your industry every day, with research, sales and structuring on one desk.

We lend, advise and make markets, and we test each against the others before proposing a structure. Where those roles could conflict we say so, and you choose which one we take.

What you get

Everything that is included

The full list, not the highlights. If something is not here, it is not included.

Features

  • Greenfield and brownfield project finance
  • Independent power producer and renewable energy funding
  • Data center, fiber and digital infrastructure finance
  • Public-private partnership and concession funding
  • Export credit agency-backed facilities
  • Underwriting and syndication to bank and institutional investors

What you need to qualify

  • Project with contracted or highly predictable cash flows
  • Typically above $100 million in total project cost
  • Completed feasibility study and independent technical review
  • Sponsors with relevant development and operating track record
Not sure you qualify?Speak to a banker before applying. A conversation costs nothing and does not touch your credit report.
How it works

Three steps, start to finish

What happens, in what order, and roughly how long each part takes.

Feasibility review

We review the feasibility study, contracts and financial model, and tell you where the structure will not hold.

Due diligence

Independent technical, legal, environmental, social and insurance advisers report to lenders.

Financial close

Documentation, conditions precedent and first drawdown. Allow nine to eighteen months from mandate for a greenfield project.

Good to know

How we look after you

Three commitments that apply to every corporate & investment product, this one included.

Documentation runs in parallel

ISDA, facility and custody documentation is negotiated alongside credit approval rather than after it, which typically saves several weeks.

Conflicts are disclosed, not managed quietly

Every mandate passes group-wide conflict clearance before engagement. Where we hold more than one role, each is set out in the mandate letter.

One coverage banker

A single senior banker is accountable for the relationship across lending, markets, advisory and transaction banking.

Questions

Questions clients actually ask

If yours is not here, a banker will answer it directly.

Lenders look primarily to the project’s cash flows and assets, not the sponsor’s wider balance sheet. Sponsors still provide support for specific risks, such as completion.

Nine to eighteen months for a greenfield project. Brownfield refinancing can close in four to six months.

Occasionally, through a development facility for sponsors with a track record. Most early-stage development is equity-funded.

Contracted revenue of adequate tenor, a creditworthy offtaker, a fixed-price construction contract with a capable contractor, and sponsors who can fund cost overruns.

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Corporate & Investment

Ready to take this further?

Apply online in about ten minutes, or ask a banker to call you at a time that suits.