Turning Opportunity into Reality

Our clients are pursuing strategic initiatives spanning the Americas, including power and transmission, natural resources, transportation, and social and infrastructure finance projects, and they deserve the most experienced, committed support from a global leader and respected authority in project finance.

Astute and proactive stewardship of project finance transactions has earned SMBC industry recognition, including selection as Global Project Finance Bank of the Year by Project Finance International and Americas Project Finance Bank of the Year by IJ Global. We have deep market knowledge and a strong track record in landmark lead-arranger project finance transactions, and our clients depend on our expert guidance in navigating their most complex projects.

Through SMBC Nikko Securities America, Inc., our Project Finance and Corporate Banking teams issue project bonds on behalf of US and non-US companies and privately place the offerings in the US to institutional investors. SMBC Nikko Securities Americas, Inc. is also equipped to underwrite and place US municipal securities, especially in connection with infrastructure-related private activity bonds.

SMBC has emphasized the importance of project finance as a core business. A dedicated and growing team with diverse backgrounds and experience is available to support our clients’ needs in project finance.

Respected Expertise in Power and Renewables

For complex project financing in the power sector, our clients benefit from our proven history as a leading financial advisor in the Americas. SMBC's Power Project Finance team brings together strong technical and modeling experience with expertise in export credit agency financing and capital markets capabilities, operating primarily in the following segments:

  • Conventional power
  • Renewable energy (wind, solar, hydro, geothermal)
  • Transmission and distribution

Limited and Non-Recourse Debt Financings for:

  • Leading corporations in the power industry
  • Strategic independent power producers
  • Private equity firms
  • Project developers

Our Services

  • Financial advisory
  • Debt financial advisory
  • Mandated lead arranger
  • Loans/Letters of credit
  • Construction and acquisition finance
  • Bond and equity underwriter1
  • Equity financial advisory
  • Private placement/Project bonds1
  • Interest rates swap/Foreign exchange2
  • Asset securization1
  • Cross-border M&A1
  • Export credit agency (ECA) coordinator/Advisor
  • Agency services
    • Administrative agent
    • ECA agent
    • Inter-creditor agent
    • Collateral/Security agent
    • Account bank

    1In collaboration with SMBC Nikko Securities Americas, Inc.

    2In collaboration with SMBC Capital Markets, Inc.

    A Long-standing Commitment to Natural Resource Project Financing

    Oil and gas, petrochemicals, mining. Large complex project financings along the natural resource value chain are under the competent care of SMBC’s Natural Resource Project Finance team. We operate in the following segments:

    • Midstream infrastructure, including pipelines, oil and gas storage, and natural gas gathering and processing
    • Offshore (FPSO, FSO, drillships, etc.)
    • LNG liquefaction and regasification
    • Mining
    • Shipping
    • Petrochemicals
    • Agriculture and fertilizers

    Limited and non-recourse debt financings in the US, Canada, and Latin America for:

    • Leading corporations in the natural resource industry
    • Commodity buyers and end-users
    • Private equity fund managers and financial investors
    • Project developers

    Our Services

    • Financial advisory
    • Debt financial advisory
    • Mandated lead arranger
    • Loans/Letter of credit
    • Construction and acquisition finance
    • Bond and equity underwriter1
    • Equity financial advisory1
    • Private placement/Project bonds1
    • Interest rate swap/Foreign exchange2
    • Asset securization1
    • Cross-border M&A1
    • Export credit agency (ECA) coordinator/advisor
    • Agency services
      • Administrative agent
      • ECA agent
      • Intercreditor agent
      • Collateral/security agent
      • Account bank

      1In collaboration with SMBC Nikko Securities Americas, Inc.

      2In collaboration with SMBC Capital Markets, Inc.

      Reliable and Investor-preferred Partner for Public Infrastructure Projects and US Municipal Finance Solutions

      SMBC provides capital market solutions to support the needs of the public sector. The Public & Infrastructure Finance team works with municipal authorities, developers, private investors, and other parties to provide loans and letter-of-credit support for short-term securities and long-dated project bonds. In the municipal finance sector, the Public & Infrastructure Finance team also specializes in liquidity and credit enhancement for short-term variable-rate floating rate securities related to general obligation and revenue-backed municipal debt programs.

      Public & Private Partnership (PPP)

      SMBC is recognized as a consistent, committed credit provider to project finance and municipal clients throughout the Americas. SMBC provides direct loans, including construction, mini-perm, and long-dated amortized funding to PPP projects in the following segments:

      • Essential services infrastructure
      • Government buildings
      • Hospitals
      • Transportation
      • Universities and schools
      • Water and sewer
      • Military base installations and housing

      PPP financings typically involve:

      • Enterprise revenues (airports, parking)
      • Federal or state lease agreements
      • Hybrid availability/volume risk
      • Long-term annual availability payments
      • Milestone payments and/or completion payments
      • Transportation Infrastructure Finance and Innovation Act (TIFIA) federal assistance
      • Volume-based revenues (toll roads, user fees, off-take contracts)

      Our Services (USD,CAD,MXP,BRL):

      • Construction loans
      • Term loans
      • Acquisition bridge loans
      • Project company leverage
      • Mandated lead arranger
      • Private placements/Project bonds1
      • Interest rate swaps2
      • Guaranteed investment contracts (GIC)
      • Agency services
        • Administrative agent
        • Inter-creditor agent
        • Collateral/Security agent
        • Account bank

      1In collaboration with SMBC Nikko Securities Americas, Inc.

      2In collaboration with SMBC Capital Markets, Inc.

      Municipal Finance Solutions in the US

      SMBC provides liquidity, credit enhancement, and funding in support of debt issuance by state and local governments, authorities, and essential service providers to fund general operations and specific public projects, including:

      • Transportation (roads, bridges, light rail)
      • Airports
      • Education
      • Essential services infrastructure
      • Hospitals and other healthcare entities
      • Housing finance agencies
      • Water and sewer

      Debt issued may be in the form of:

      • General obligation (GO) bonds of state and local governments
      • Revenue bonds
      • Special dedicated tax or other revenue bonds
      • Airport and port revenue bonds
      • Appropriations/certificates of participation/municipal leases
      • Electric and gas transmission and generation project bonds
      • Public power bonds
      • Toll road and bridge bonds

      Our Services

      • Direct pay and standby letters of credit
      • Standby liquidity
      • Direct loans (tax-exempt and taxable)
      • Direct lending to municipal issuers and public and private partnership (PPP) project sponsors
      • Direct purchases of municipal debt and municipal indexed floaters (tax-exempt and taxable)
      • Corporate commercial paper
      • Interest-rate hedging solutions1
      • Commodity hedges1
      • Revolving lines of credit
      • Bank deposits and Guaranteed Investment Contracts (GIC) for bond proceeds, construction funds, and reserves

      1In collaboration with SMBC Capital Markets, Inc.