Project Finance

Long-tenor capital for Europe's largest projects

Non-recourse and limited-recourse project finance from €20M to €500M+, underwritten on contracted cashflows for infrastructure, renewables and industrial assets.

Speak with an advisor
€20M to €500M+
Ticket range
Up to 20 yrs
Tenor
85%
Max LTC
European infrastructure project with wind turbines and cranes at sunrise
Overview

Bankable structures for complex, asset-heavy projects

Apex's project finance team underwrites long-life European assets on the strength of contracted cashflows. We work with developers, sponsors and EPC contractors from feasibility through to operational refinancing.

  • Greenfield and brownfield projects
  • PPA, PPP and concession-backed deals
  • Construction and term debt facilities
  • Mezzanine and equity bridge structures
  • Multi-tranche / multi-currency
  • ECA and EIB co-financing experience

Eligibility at a glance

  • Investment-grade or equivalent offtake / counterparty
  • Validated financial model with sensitivity analysis
  • Executed land rights and permits (or clear path)
  • EPC contractor with relevant track record
  • Minimum 15% sponsor equity commitment
Large European infrastructure project site at dusk with cranes
In focus

Project Finance, engineered for ambitious operators

Every project finance mandate is led by a senior Apex banker and structured around your sector, jurisdiction and timeline, not a generic product sheet. Open a tailored enquiry form in seconds and our team will respond within one business day.

  • Greenfield and brownfield projects
  • PPA, PPP and concession-backed deals
  • Construction and term debt facilities
  • Mezzanine and equity bridge structures
Why Apex

Built for serious capital decisions

Institutional rigour with the speed and clarity European businesses expect.

Renewables expertise

Solar, onshore/offshore wind, BESS, hydrogen and biogas.

Industrial assets

Process plants, data centres, gigafactories and recycling.

Transport & logistics

Ports, rail, EV charging networks and last-mile hubs.

Pan-European

Active across all EU jurisdictions plus UK and Western Balkans.

Construction risk

Wrapped and unwrapped EPC underwriting capability.

ESG aligned

EU Taxonomy and Green Loan Principles compliant.

Process

From enquiry to drawdown

A transparent, milestone-driven funding journey.

  1. 1

    Sponsor briefing

    Project overview, sponsorship & ESG screening.

  2. 2

    Bankability review

    Model audit, contract review and risk allocation analysis.

  3. 3

    Mandate & DD

    Term sheet, technical/legal/insurance DD coordination.

  4. 4

    Financial close

    Documentation, conditions precedent and first drawdown.

Use cases

How our clients deploy this capital

Solar PV portfolios

Subsidy-free PPA-backed solar parks and rooftop aggregations.

Wind farms

Onshore and offshore developments across Northern and Southern Europe.

Battery storage

Stand-alone and co-located BESS with merchant + capacity revenues.

EV infrastructure

Charging networks with utility, fleet and retail offtakes.

Data centres

Hyperscale and edge developments with hyperscaler offtakes.

Transport assets

Concession-backed ports, logistics terminals and rail.

Sectors

Industries we serve

Specialised underwriting across the sectors driving European growth.

Solar PV

Utility-scale and distributed solar across Iberia, Italy and Greece.

Wind

Onshore and offshore wind in Northern and Western Europe.

Battery Storage

Stand-alone and hybrid BESS with merchant + capacity revenues.

Hydrogen & Biogas

Green H2 electrolysers, biogas and renewable fuels.

Data Centres

Hyperscale and edge with hyperscaler offtakes.

Transport & Mobility

Rail, ports, EV charging and intermodal logistics.

Industrial Plants

Recycling, gigafactories and process plants.

Water & Environment

Desalination, wastewater and circular-economy assets.

Regions

Active across European markets

Local legal counsel, valuation partners and dedicated coverage in every jurisdiction.

Iberia

Subsidy-free solar and merchant wind portfolios.

Italy

Repowering, agrivoltaics and BESS pipelines.

Greece

Solar PV, wind and grid-scale storage.

France

CRE-tendered renewables and concession assets.

Germany

Industrial CAPEX, hydrogen and data centres.

UK

Offshore wind, BESS and transport infrastructure.

Nordics

Onshore wind, green industrial and data centres.

Balkans

Greenfield renewables and grid connections.

Indicative tiers

Facility sizes and indicative pricing

Indicative only, final pricing is risk-based and confirmed at term-sheet stage.

Construction debt
€20M to €150M
EURIBOR + 2.5 to 4% • 18 to 36mo tenor
  • Mini-perm structures
  • Up to 80% LTC
  • Drawn during build
  • Refinanced at COD
Most popular
Long-term term debt
€50M to €500M+
EURIBOR + 1.75 to 3% • 10 to 20yr tenor
  • Non-recourse to sponsor
  • Up to 85% gearing
  • Multi-tranche capable
  • ECA/EIB co-financing
Mezzanine / Holdco
€10M to €100M
9 to 13% blended
  • Subordinated to senior
  • Equity bridge structures
  • Holdco leverage
  • Strategic flexibility
Market context

The European project finance landscape

Live indicators from the Apex desk, updated every quarter to reflect actual deal flow, not headline forecasts.

+18%
European deal volume YoY
€460B
Active EU non-bank capital
48 hrs
Median indicative-term time
30+
Countries actively funded
Comparison

Apex vs traditional lenders

How our project finance process compares to a typical high-street bank.

Apex Euro Capital

  • Indicative terms in 48 to 72 hours
  • Senior partner on every mandate, no junior hand-offs
  • Bespoke structures across debt, equity and hybrid capital
  • Cross-border capability in 30+ European jurisdictions
  • Dedicated portal for documents, KYC and status tracking
  • ESG and MiCA-aligned frameworks built in

Traditional bank

  • Term sheets in 6 to 12 weeks
  • Relationship handed off to junior underwriters
  • Standardised products with limited flexibility
  • Domestic focus with restricted cross-border capacity
  • Manual document collection over email
  • Slower adoption of ESG and digital-asset frameworks
Client outcomes

Measurable results, not marketing claims

Aggregate performance across project finance mandates completed in the last 24 months.

96%
On-time capital release

Deals close on the timeline agreed in the term sheet.

1.8×
Average post-funding growth

Median 24-month revenue uplift for borrowers who deployed our capital.

9.4 / 10
Client satisfaction score

Post-close NPS from Apex borrowers, sponsors and investors.

“Our 240MW solar portfolio reached financial close on schedule thanks to Apex's structuring team. They handled a complex multi-jurisdictional security package end-to-end.”

Diego Romero
Head of Finance, IPP, Iberia
FAQ

Questions, answered

Most frequent questions about project finance at Apex.

Project Finance

Ready to apply?

Launch the tailored project finance application form. It takes around 3 minutes. A senior Apex advisor will respond within one business day.

  • Confidential, bank-grade encryption
  • GDPR & AML/KYC compliant
  • Indicative term sheet within 48 to 72 hours
Eligibility

Check in sixty seconds whether we can fund you

We publish our criteria openly so you never waste weeks on a process that was never going to close.

  • Registered business in the EU, EEA, UK or Switzerland
  • Twelve months or more of trading history, or a bankable project sponsor
  • Minimum funding requirement of €100,000
  • Last two years of filed accounts, or a full project financial model
  • Clean beneficial-ownership and sanctions position
  • A defined use of proceeds and repayment or exit route
Trust and compliance

Regulated discipline behind every euro

Capital is only useful if it is raised properly. Our compliance framework is built for institutional counterparties and audited borrowers alike.

EU regulatory alignment

Mandates structured in line with EU financial services rules and local market practice in every jurisdiction we fund.

AML and KYC by design

Risk-based onboarding, sanctions screening and beneficial-ownership verification on every counterparty.

GDPR-grade data handling

Encrypted document exchange through the client portal, with data stored and processed inside the EU.

Independent oversight

Investment and credit committees sign off separately from origination, so pricing stays objective.

Ready to discuss your funding requirements?

Our advisory team responds to qualified enquiries within one business day.