Govt projects:
-We don't sponsor PPPs; however, we can fund them once the project is fully ready with a set of highly detailed documents.
-We are the mandated official representative of an institution that owns 30 banks. Our function is underwriter/originator, and we do99% of the work for them. We are not a broker, and capital is in place.
-In a PPP we start talking to the sponsor to make sure they have put the equity(cash) in the project company so they can get the deal fully ready, cover costs of financing, and anything else the comes up.
-The sponsor would introduce the government and the project company principal in the PPP. We don't work in a bid process; they would have to have the PPP contract in place.
-Sponsor would set the itinerary for the meetings with the government and let us have a formal exchange of documents with the project company principal so we can issue an agreement to start the process.
-If the government owns 100% of the project company, we can engage with them directly, so they can borrow directly, complete projects in house, etc.