Realising the value of intellectual capital
Merchant Banking
The global financial crisis marked a fundamental shift in the need for private capital to fund infrastructure projects, which had traditionally been the domain of governments. Government deficits have never been higher and the banking market is unable to meet current demands. For this reason it is inevitable that private capital will be required, and we are already seeing a marked step up in both the privatisation of existing infrastructure assets and the provision of new projects by the private sector.
As an independent financial advisory firm TLC helps develop and finance infrastructure projects in Asia that can meaningfully improve peoples’ lives, with a special emphasis on emerging markets where there are critical needs in power, utilities, and transportation. We offer flexible financing solutions, industry-leading sector expertise, and an established track record in developing countries.
Our focus is supporting private infrastructure projects with strong development impact whose business models can be replicated elsewhere.
ThomasLloyd Capital (TLC)
is one of the world's leading specialist financial advisors solely dedicated to the infrastructure sector in Asia.
At ThomasLloyd Capital, our infrastructure specialists are encouraged to think innovatively to address individual technical and commercial project challenges. This, combined with our ability to invest our own capital to bridge any remaining time, financial or risk gap, differentiates us from any other financial advisory firm.
Proven Execution Capabilities
Whether we were advising US-based Q-Cells International on the financing, commercial documentation and deal structuring of North America´s largest solar plant, co-developing and financing the first ever utility-scale renewable energy plant in the Philippines or executing the largest M&A transaction in the solar sector in South East Asia to date; each transaction represented at the time an innovative and precedential response to the constantly changing global financial industry.
Over the past decade we have completed more than 30 transactions in the sector, of which some are ranking today among the benchmark transactions in the industry.
Our Clients
TLC is servicing public and private sector clients involved in developing, owning and operating crucial infrastructure in Asia. Our clients include project developers, construction companies, equipment manufacturer, municipalities, utilities and other industry participants.
Our Offering
TLC offers a full suite of advisory and capital raising services including project finance, equity & debt capital markets, M&A, research and principal investments. In addition to advice, TLC has a strong track record of investing alongside our clients to assist with transaction execution - a willingness that demonstrates our belief in the transactions. As a principal we share common interests with our clients.
Selected transactions
San Carlos Biopower_All
USD 161,000,000
Senior Debt Facility with final
maturity up to 18 years provided by
IFC
a member of the World Bank Group
Exclusive Financial Advisor
August 2016
San Carlos Biopower
USD 52,000,000
Construction Finance 20 MW Biomass Plant, Negros, Philippines
Exclusive Financial Advisor
Largest international sponsor finance facility to the biomass sector in the Philippines
December 2015
islaSol
Confidential
Sale of 80 MW Solar Portfolio to PINAI
Exclusive Financial Advisor
Largest M&A transaction in the solar sector in South East Asia
September 2015
San Carlos Solar Energy
Confidential
Sale of San Carlos Solar Energy incl. a 45 MW Solar Portfolio to PINAI and Transfer of 80 MW Solar Portfolio to ISLASOL
Exclusive Financial Advisor
First M&A transaction in renewable energy in the Philippines
June 2015
San Carlos Solar Energy
Confidential
Development and Construction Finance 80 MW Solar Portfolio, Negros, Philippines
Exclusive Financial Advisor
July 2014
San Carlos Solar Energy
PHP 1,500,000,000
Syndicated Loan Facility
Exclusive Financial Advisor
First bank facility for a solar project in the Philippines
June 2014
Montesol
Confidential
Early Stage Co-Development
18 MW Solar Plant, Negros, Philippines
Co-Developer
April 2014
San Carlos Solar Energy
USD 18,000,000
2nd Solar Construction Finance Facility 45 MW Solar Plant, Negros, Philippines
Exclusive Financial Advisor
Largest solar plant in the Philippines
November 2013
San Carlos Solar Energy
USD 27,000,000
1st Construction Finance Facility 45 MW Solar Plant, Negros, Philippines
Exclusive Financial Advisor
First utility-scale renewable energy plant in the Philippines
August 2013
San Carlos Solar Energy
USD 1,300,000
2nd Solar Development Finance Facility 45 MW Solar Plant, Negros, Philippines
Exclusive Financial Advisor
Largest solar plant in the Philippines
August 2013
San Carlos Biopower
San Carlos Solar Energy
USD 1,900,000
1st Development Finance Facility 45 MW Solar Plant, Negros, Philippines
Exclusive Financial Advisor
First utility-scale renewable energy plant in the Philippines
June 2013
San Carlos Biopower
San Carlos Biopower
South Negros Biopower
USD 2,370,000
Development Finance 25 MW Biomass Plant, Negros, Philippines
Exclusive Financial Advisor
August 2012
North Negros Biopower
USD 2,550,000
Development Finance 25 MW Biomass Plant, Negros, Philippines
Exclusive Financial Advisor
August 2012
San Carlos Biopower
USD 3,200,000
Development Finance 20 MW Biomass Plant, Negros, Philippines
Exclusive Financial Advisor
May 2011
Alter NRG
Confidential
Sale of the Company as a whole or in partial divisions
Financial Advisor
March 2010
Bronzeoak UK
Confidential
Corporate and Project Finance
Exclusive Financial Advisor
October 2009
Q-Cells International
Confidential
Project Finance and Deal Structuring 69 MW Solar Plant, Sault Ste. Marie, Ontario, Canada
Financial Advisor
Second largest solar plant in North America, 3rd largest in the world
February 2009
YVM Acquistion Corporation
USD 200,000,000
Management Buy Out
Exclusive Financial Advisor
February 2009
Fisker Automotive
Dinosaur B-B-Que
USD 36,000,000
Common Stock
Exclusive Financial Advisor
June 2008
Encelium Technologies
Fisker Automotive
Fisker Automotive
Fisker Automotive
Fisker Automotive
Biodiesel Industries
Better Biodiesel
Confidential
Common Stock
Sole Placement Agent
April 2007