Greenfield Strategy
SIC has a diversified strategy in terms of sourcing a greenfield project. We do not shy away from taking early development risk in our core markets.
We work hand in hand with local developers to develop projects to a bankable ready to build stage allowing us to secure non-recourse project finance to construct and operate the assets.
Sourcing / Development
- Identify the opportunity and lead on the ground studies with local developers
- Source to acquire RTB projects
- Build technical and financial solution for the project with engineering or utility firms
Structuring & FC
- Obtain bankable project agreement with off-taker
- Leverage the project with non-recourse financing
- Raise equity from investors (LP) with proper risk profile
- Negotiate turn-key EPC contract
Investment & Construction
- Draw down the equity and debt to build the project
- Monitor financial and accounting aspects as well as contractual relationships of the project to timely reach Commercial Operation
Operation
- Recruit the local team and set up the operation of the project
- Optimize project long-term operating and financial cost
- Though the project lifetime may be 20-25 years, SIC objective is to use 1-3 years to stabilize the operation
Exit
- Reach out to international strategic investors, or yield-seeking funds like pension funds or insurance companies.
- Negotiate sale price, transaction structure as well as sale documents
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