Infrastructure
Silver Ridge is able to provide a wide range of services connected with Infrastructure projects and concessions. These services can be integrated in a dedicated package to increase efficiency and assure project success in close liaison with all stakeholders.
When defining how to manage your infrastructure asset, many items require a detailed analysis and cannot be overlooked, to avoid increasing the risk of these evolving into complex situations with a significant negative financial impact.
Silver Ridge provides strategic, financial, technical and commercial consulting services with focus in expected investment returns. Our wide vision and multidisciplinary capabilities are key in issue solving and risk and opportunities identification, in all project phases.
Efficient asset management
Project Company Structuring
The Project Company structuring service allows for a conscient and informed asset management decision process throughout the contract / concession lifetime.
Project Companies, also known as Special Purpose Vehicles (SPV) or Special Purpose Companies (SPC) play a crucial role in the success of Infrastructure asset investments. An efficient and professional Project Company management allows to mitigate risks and optimize returns. The best management model choice is adapted to the objectives and requirements of the investor.
Construction Supervision
Construction supervision service allows not only to guarantee the contractual requirements are fulfilled but also to provide technical advisory on the impact of certain changes / decisions during the construction phase.
While brownfield projects generally have a low construction risk associated, this is not the case in greenfield projects, where a more assertive control level is required to avoid significant issues in the operation and maintenance phases.
Project Company Management
Silver Ridge provides Project Company management services that include Construction supervision, Project Company general management, financial services, risk and compliance management, Environment, Social and Governance (ESG) or a fully integrated Project Company management service.
Project Company General Management
Silver Ridge Project Company general management services allow the investor to focus on the most important aspects of the business while we manage their asset.
General management services can include:
Operational management
Subcontractors’ monitoring and control
Participation in meetings representing the Project Company interests
Operational reporting
Company policies’ implementation
Hiring and supervision of human resources and equipment necessary for the operations and maintenance phase
Budget definition and control
Health & Safety regulations application and monitoring
Contract Management
Concession contracts (DBFOM/DBFM or other)
Engineering, Procurement and Construction (EPC) contracts
Credit agreements (Project Finance) with investment banks
Agency agreements with commercial banks
Shareholder agreements
Equity agreements
Others services
Stakeholder Management
Company secretarial services
Insurance procurement
Lifecycle evaluation and planned preventive maintenance plan
Critical issue management (this service will always be provided in close liaison with the Project Company legal advisor and the board of Directors)
Financial Services
Financial services will rely on the project financial structuring and can include:
Supervision of all financial requirements
Accounting services’ hiring
Periodic financial reports
Financial model preparation and control
Budget and forecast elaboration
Financial Statements audits supervision
Liaison with lenders
Risk and compliance management
Risk and compliance management significantly decreases the probability of the Project Company not being fulfilling its contractual obligations and having to deal with unexpected situations without any response plan.
The risks associated with the asset change during the project life and should, therefore, be monitored and checked regularly. One of the main risks, transversal to all project phases, is the Project Company being in default under one of its contractual obligations. This can easily happen due to the significant amount of contractual obligations and the PPP contracts complexity that the Project Company needs to attend.
ESG
Sustainability is on the very top of every investor agenda nowadays. As an environmental and socially aware company, we always aim at providing our management services with these principles in mind, applying them transversally to all projects that we participate in.
We also consider the implementation of the company guiding policies as a vital process to assure coordinated and sustainable governance.
Due Diligence
This service aims at assisting the investor in the asset acquisition or sale process, providing an analysis of the asset current state and the expected construction or maintenance costs. The due diligence service will also allow to identify opportunities and risks, being fundamental in the decision process of any infrastructure asset investor.