Project development

Prothea has a successful track record of developing high-quality portfolios across global jurisdiction, providing financial and technical support in all phases of development utilizing a proven value driven approach balancing expenditure and risk appropriately. We undertake detailed financial modelling to determine a project or portfolio’s commercial and financial viability and determine whether the asset will generate long-term returns and most critically, if it meets the necessary funding criteria.

Prothea has advised on a number of development transaction involving capital raise, JV agreements and M&A. Moreover, it has a deep sectorial expertise have supported the development, and the exit, of several development platforms, including among others Esco Pacific (escopacific.com.au, now part of OX2) and with Limes Renewable Energy (limes-re.com), a global developer with a successful track record of more than 800MWp exited across several jurisdictions.

Corporate Finance and M&A Advisory services

As an independent advisor, with decades of cumulative experience in M&A and Corporate Finance, Prothea has a proven track record in providing full support for sell side and buy side transactions in the renewable energy and infrastructure sectors. We offer a high quality, dedicated, customized and trusted assistance to our clients from origination, due diligence, the day-to-day management of the transaction process through to the structuring and arranging of funding and managing final completion. In-depth knowledge and understanding of markets in conjunction with wide experience of all the elements of transaction has resulted in strong reputation of the quality and integrity of our advice.

Debt and equity capital raising

Prothea is dedicated to providing market relevant, practicable and efficient debt financing and equity placement strategies and execution services that best meet the cost, flexibility and risk objectives of our clients. Leveraging on strong relationship with financial institutions, equity investors and deep knowledge of the debt capital markets and investors risk profile, we are able to efficiently interface with lenders and equity partners, implement innovative financing structure and ensuring the best and most balanced terms and conditions for the clients.

Financial restructurings

In a difficult economic environment, a heavily indebted company can no longer meet its financial commitments. The seriousness of the situation may range from a simple breach of covenants to an urgent need for an immediate injection of capital and require an independent assessment of the situation. Prothea focus on both the big picture and the smallest detail in order to identify the company's short and medium-term needs. Together with the client we develop and execute restructuring plans advising on every aspect of the process, from strategic direction to liquidity management to business plan development. Working through complex constituency relationships, we help rebuild credibility and reassure creditors that the company is taking steps to face its problems head-on as efficiently and effectively as possible.

Asset management

The firm combines financial advisory with deep sectorial understanding having supported the development of some leading renewable companies:

  • Altenia (alteniaenergy.it), an EPC, IPC and O&M of medium and high voltage infrastructure and photovoltaic plants, in which Terna acquired a majority stake in 2021;
  • Symbiosis (b-symbiosis.it), an EPC and O&M platform dedicated to biogas, biomethane and cogeneration;
  • Advised and provided continue asset managent support for their renewable energy operations in Italy to players such as AcomeA (acomea.org), Helios fund (heliosfund.com) and IAM Capital (iamcapital.com)