Taylor-DeJongh (TDJ) is an independent investment banking firm providing strategic, project finance and M&A advisory services for oil & gas, conventional and renewable power, industrial and infrastructure clients globally. For over 30 years, the firm has successfully advised on the development and structuring of US$250 billion worth of debt and equity investments in more than 100 countries. TDJ is globally respected for its expertise in project finance advisory and is consistently ranked among the top global financial institutions for energy finance advisory. The firm’s principals bring extensive experience in corporate finance, capital raising, recapitalizations and M&A transactions to clients’ energy and infrastructure businesses worldwide.
SERVICES
Corporate & Project Finance Advisory
Taylor-DeJongh has been advising both private and public entities on the financing of major capital investment projects throughout the world for almost 30 years. The firm has proven experience in structuring complex international energy and infrastructure project financings from the earliest stages of feasibility to capital structuring, and financial negotiations all the way through to financial closing.
TDJ has internationally recognized expertise in:
-Evaluating, developing and structuring energy and infrastructure investments.
-Managing lender groups for complex, multi-source, capital-intensive projects involving commercial banks, ECAs and official agencies.
-Knowing the financing appetite of bank and capital markets, including private placements with institutional investors and investments funds.
-Assessing public and private sources of risk insurance and credit enhancements.
M&A
Taylor-DeJongh acts as a buy-side and sell-side advisor in mergers and acquisitions, and company and project valuations, predominantly in the energy sector. These services include: strategic acquisition advisory, assistance in negotiating the financing terms, comprehensive due diligence and organizing supplemental capital (debt or third party equity, if required) in support of transactions.
The firm’s strategic partner in Dubai, Univest Capital, has outstanding capability in raising third party equity for supplemental capital in MBOs, leveraged buyouts or growth capital situations. The combined capabilities of TDJ and Univest provide for efficient and discrete financing execution for capital placements or M&A.
Taylor-DeJongh differentiates itself by bringing both experienced sector specialists and its extensive project finance know how for the management of M&A transactions. This expertise allows a faster and better understanding of the client’s needs and facilitates the successful execution of the deal. In addition, Taylor-DeJongh is also very efficient in organizing acquisition finance on behalf of its clients.
Strategic Advisory
Taylor-DeJongh’s senior team averages more than 25 years in the energy and infrastructure sectors. Their careers have spanned several economic cycles. Their perspectives and fundamental understanding of the industry provide the basis for sound strategic advice that is good “for the long haul.”
TDJ has a 360° view of transaction issues. The firm has advised developers, lenders, governments and contractors on energy and infrastructure investment projects. The firm understands risks from all points of view. This expertise helps identify strategic goals and expedites the negotiating process, whether in an M&A transaction, capital placement or project investment.
As a fully independent advisor, with a history of innovation in financial structuring, TDJ is in a strong position to advise and assist its clients in accomplishing their objectives. With in-depth industry knowledge and indisputable structuring expertise, TDJ provides tailored strategic advice for companies or investors seeking to expand or diversify their positions in the energy sector. The firm’s focus on efficient transactional execution sets it apart from more theoretical approaches to strategic advice.
Consulting
Taylor-DeJongh provides financial modeling, due diligence and bankability analysis services to project sponsors, developers and government entities. The firm works with these clients, usually in partnership with consulting, engineering and legal firms, on the upfront analysis and planning for the development of major capital projects, mostly in the emerging markets. Another way that TDJ distinguishes itself from other institutions is its willingness to participate in feasibility studies for projects.
The firm also has a practice group that advises U.S. government loan guarantee programs and lenders providing an independent overview and analysis of the project’s financial structure. For example, TDJ has acted as the financial advisor to U.S. Ex-Im Bank for more than 17 years. The firm’s long and deep relationship with U.S. Ex-Im Bank and other official agencies, including the World Bank Group and Inter-American Development Bank, provides clients with a thorough and efficient understanding of how their projects may benefit from such agencies.
TDJ also acts as a financial advisor to the U.S. Department of Transportation, Federal Highway Administration’s TIFIA Credit Assistance program and to the U.S. Department of Energy’s Loan Guarantee program. In addition, the firm can assist project developers and sponsors in applying for U.S. DOT and U.S. DOE credit assistance and loan guarantees. TDJ provides bankability analysis, financial model review and project due diligence services to prepare projects for the application process.
SECTORS
Taylor-DeJongh has almost 30 years of experience in advising both private and public entities on financing major capital investment projects. TDJ has successfully advised clients on corporate finance, capital raising, recapitalizations and M&A transactions throughout the world in a variety of sectors:
Oil & Gas
The oil & gas practice has been at the heart of Taylor-DeJongh’s activities since the inception of the firm. The firm’s areas of activity span from advising on the acquisition and divestiture of upstream properties through to raising finance for capital intensive projects anywhere in the energy value chain.
The team has extensive experience in advising on the structuring, development and financing of oil & gas projects across the entire value chain. TDJ has advised on more than 100 projects, including:
-25 LNG Liquefaction and Regasification Projects
-38 Petrochemical Projects
-20 Refineries
-37 Oil & Gas Pipelines
The firm’s transaction experience spans the globe, with an emphasis in the emerging markets. Its clients include E&P companies, supermajors and independents, as well as lenders, contractors and governments.
Conventional Power
Taylor-DeJongh is a world leader in providing advisory services in the power sector to both corporate and government clients. Advisory services include project financing, structured financing, mergers & acquisitions, capital restructuring, feasibility assessments, strategic options evaluation and other corporate, strategic and financial advice.
Since 1994, the firm has advised on over 240 power projects in more than 60 countries, including generation, transmission and distribution. Over the past 30 years, Taylor-DeJongh has accumulated extensive experience in this sector, covering gas, coal and liquid-fired plants, as well as renewable and nuclear power. Furthermore, Taylor-DeJongh’s ability to find innovative solutions to financing “firsts” has often been demonstrated and rewarded, having successfully advised on seven power projects that were the first IPPs in the host country.
Industry expertise is critical to understanding clients’ needs and the firm has well-experienced talent to serve its global clients in the power sector. The firm and its principals have been active in the power sector for decades, and are not only adept at navigating the intricacies of financing large power projects in developed and emerging markets, but have found solutions to feedstock supply problems and have in-depth experience with various power technologies.
Renewable Energy
Taylor-DeJongh has expertise across a broad spectrum of alternative technologies and renewable energy projects. The firm has evaluated and advised on dozens of projects, including wind, solar, fuel cells, geothermal and hydropower.
To better serve clients in providing advisory services for the development, structuring and financing (both debt and equity) of renewable energy and environmental projects and companies globally, Taylor-DeJongh and Financière de Champlain (FDC) have entered into a cooperation agreement that covers the entire renewable energy and environmental infrastructure sectors. TDJ brings to this partnership its expertise in project development, structuring and financing, and FDC adds its expertise in sustainable technologies, company management and the regulatory systems, particularly in the renewable energy sector.
TDJ covers the entire value chain of these sectors and provides advice on the financial structure that will best suit the sector’s requirements and clients’ needs, and so that clients fully benefit from tax incentives and governmental initiatives.
Transportation
Taylor-DeJongh has advised on the financing for major transportation projects, including airports, ports and roads. As financiers, the firm focuses on the fundamental business arrangements of a transaction to assure that all parties have identified and allocated risks throughout the transaction and that such arrangements are reflected in the project financial structure. The firm provides financial planning and analysis for large-scale transportation infrastructure projects, assists clients in structuring complex finance transactions and advises on the financing and implementing of public-private partnerships.
Metals & Mining
Taylor-DeJongh serves the metals and mining industry globally. TDJ’s strong expertise in the sector, extensive knowledge of the key players and understanding of the market dynamics enable the firm to provide innovative solutions to its clients.
TDJ has advised on 22 metals & mining projects in 16 countries, including the Aluminium Bahrain Smelting Project, which was named Deal of the Year in 2003.
Water & Wastewater
Taylor-DeJongh has significant experience in providing advisory services in the water & wastewater sector to both corporate and government clients. Advisory services include project financing, mergers & acquisitions, privatization, feasibility assessments, strategic options evaluation and other corporate, strategic and financial advice.
The firm has acquired notable experience in the water and wastewater sector and has advised on the financial structuring and financing of water projects in 20 countries, including Egypt, Bahrain, Kuwait, Oman, Saudi Arabia, Lebanon, U.A.E., China, India, Philippines and Thailand.
In addition to assisting firms with structuring and financing greenfield projects, the firm has been involved in a number of utility projects that have involved privatizations, including for water and wastewater systems. These have included complex structures and financing negotiations in a number of countries including Egypt, Oman, Saudi Arabia and Colombia. TDJ has also advised on water desalinization projects as an advisor to sponsors in the U.A.E., Bahrain and Namibia.
