Transaction overview
Foresight Energy Infrastructure Partners (“FEIP”, “the Fund”), a private fund managed by Foresight Group LLP, has secured a €80m NAV facility from RBS International to support the ongoing investment programme of the Fund.
The transaction was led by Centrus representatives Barney Harris, Jack Joel and Lauren McLoughlin, with Ashurst acting as legal adviser to the borrower and Travers Smith representing the lender.
Centrus’ role and added value
Centrus acted as exclusive financial advisor to FEIP, playing a central role in the structuring and execution of the transaction. Their involvement ensured the facility was tailored to FEIP’s requirements and allowed the Fund to realise its objectives. Key areas of support included:
- Managing engagement with lenders and coordinating the lender due diligence process
- Negotiating and refining the commercial terms of the facility
- Structuring the facility to include a scalable accordion feature
- Aligning the facility with FEIP’s cash flow profile
Centrus’ expertise enabled FEIP to secure a flexible, efficient capital solution to support the current operations and future development of the Fund.
“We are pleased to have secured this financing package, which will support both the growth of FEIP and the continued success of its portfolio. Our thanks go to Centrus for their expert advice and to RBS International UK for their confidence in backing our strategy.”
Ben Williams, Investment Director – Foresight
“Centrus is delighted to have acted as financial advisor to Foresight to arrange this competitive financing package from RBS International UK, supporting FEIP’s current operations and future developments of the underlying portfolio.”
Barney Harris, Assistant Director, Debt Advisory – Centrus
For more information, please contact Barney Harris Assiatant Director, Debt Advisory