Industries · Infrastructure & Energy
Renewables
Solar and other renewables share hydropower's logic on a smaller scale: capital up front, tariffs or offtake agreed in advance and output that depends on conditions. The financing case has to work in the weaker years too.
The questions that decide the numbers
What a renewables business needs answered.
- 01Does the project return enough under lower output?
- 02How are incentives, depreciation and tax treated?
- 03What will a lender need to see?
- 04Is the offtake agreement priced to cover the debt?
Across infrastructure & energy
Long horizons, heavy capital and returns that depend on assumptions nobody can verify for years. Hydropower is the clearest case: a construction period funded by debt, a tariff fixed in advance, and hydrology that determines whether the model holds. The work is the model itself, and the honest range around it, including debt service coverage under the cases the lender is going to ask about rather than only the base case.
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