London desk closes structured facility for a capital-intensive build
Our capital team completed a tailored financing structure for a large-scale processing build, pairing debt tranches with milestone-linked drawdowns.
Projects rarely stall because the engineering is wrong. They stall because the money arrives in the wrong shape at the wrong time. Our London desk closed a structured facility this quarter designed around exactly that risk.
The facility pairs staged debt tranches with milestone-linked drawdowns tied to verified construction progress, assessed by our own technical teams rather than a third-party consultant working from photographs. Cost overruns on early works therefore surface as a financing conversation before they become a schedule failure.
For the sponsor, the outcome is a capital structure that matches the physical build sequence. For lenders, verification comes from a party with operational accountability for the asset.
Capital advisory, asset management, and project financing remain in-house capabilities at Recreo Engineering, deliberately positioned next to the engineering practice rather than outsourced away from it.