Positioned as a merchant banking firm that looks to deploy its own capital alongside of transaction sponsors, GPP prefers to become involved in projects during the early development stages.  This allows GPP to work with transaction sponsors to (i) develop optimal project structures sufficient to build, start-up and operate the projects, (ii) identify suitable locations for the projects, (iii) outline government incentives available to support the projects, and (iv) raise early stage development capital to the extent such capital is not already in place. 

After providing a suite of services to its clients during the early development stages of a project, GPP then turns its attention to capital raising.  During the capital raising process, GPP works with equity providers, mezzanine lenders, senior-secured lenders and working capital providers from around the world to build and fill the necessary capital stack.  GPP is known to and respected by a number of the world’s leading capital providers, especially those that have a focus on industrial projects.  This familiarity benefits GPP’s clients greatly.    

A recent example of GPP’s efforts in becoming involved with a project during the early development stage of a project and then continuing through the building and filling of the capital stack was the US$1.6 billion Big River Steel project GPP completed in June 2014.  GPP’s role with the Big River Steel project was expansive in that it included (i) developing the overall project structure, (ii) conducting a ten-state site selection search, (iii) negotiating state, county and local economic incentives, (iv) raising development capital, (v) building and filling the capital stack and (vi) leading the negotiations with the electrical energy, rail service and the primary equipment providers.  In addition, GPP structured a US$175 million receivable and consignment financing for Big River Steel.

Big River Steel

US$1.6 billion

Global Principal Partners structured the transaction and raised US$1.6 billion of debt and equity for this newly formed company.

June 2014

Global Principal Partners

Big River Steel

US$175 million

Global Principal Partners raised US$175 million of receivable & consignment financing for this newly formed company.

June 2014

Global Principal Partners

Copyright © 2009 Global Principal Partners LLC. All Rights Reserved.