Whether the capital structure can close.
Assessment is a paid engagement. Any arranging or structuring mandate is separate and follows it.
The constraint, named.
Some projects are economically compelling but cannot yet cross the threshold into deployable institutional capital. An assessment identifies the actual constraint.
It establishes whether a specific capital structure can close, what is preventing it from closing, what the missing capital or evidence must accomplish, and the sequence required to move forward.
It asks:
- Is the asset sufficiently real?
- Is ownership sufficiently clear?
- Is credible capital already interested?
- What exact layer of risk can no existing party hold?
- What would make the opportunity bankable or investable?
- Who has to say yes next?
- What evidence would cause them to do so?
Commission one lens, or all three.
What is actually true about it.
- Ownership and control
- Rights and regulatory standing
- Operating readiness
- Infrastructure dependencies
- Technical evidence
- Strategic significance
What money can support it, and how.
- Existing capital structure
- Debt appetite
- Equity requirements
- Investor mandates
- Financing constraints
- Bankability and ownership implications
Who decides, and against what bar.
- The buyer or investor
- Decision architecture
- The evidence bar
- Objections and internal incentives
- Gating questions
- Conditions for commitment
Assessed against the standard your investor actually applies.
Where the purpose is a raise rather than a single decision, the same work covers the evidence, capital architecture, and decision materials required before entering an institutional process — tested against the standard the intended investor actually applies, not a generic checklist.
A written assessment.
The finding, the reasoning behind it, and the sequence that follows from it, set down in writing so it can be read, circulated, and argued with by the people who have to act on it.
Assessments are commissioned by allocators, lenders, offtakers, boards, and sponsors who can fund the work. Tell us what has to be decided.
Commission an assessment