Financing & Equity Investment
Bechtel plays a role in developing and financing select projects
In addition to building some of the world's modern marvels, Bechtel also plays a role in developing and financing select projects in the markets that we serve. Through Bechtel Enterprises (BEn), we help structure and raise financing from a host of international lenders, including commercial banks, multilateral and bilateral lending institutions, export credit agencies, and capital markets.
- Developing, structuring, and financing projects
- Providing credit support
- Advising on practical risk allocation
In addition, BEn’s experts have particular strengths in initial project development and feasibility analyses, project financing, and asset management.
We made an early-stage investment in three solar-thermal plants developed by BrightSource, Inc. Ivanpah Solar Electric Generating System in California’s Mojave Desert is now in commercial operation.
Bechtel Enterprises created a public-private partnership with the city of Portland, Oregon, and various other public and private entities, and it helped arrange $125 million of financing to extend Portland’s light-rail system to its international airport and to develop 121 acres (49 hectares) of adjacent airport property.
We assisted with the negotiations of and arrangements for a $250 million guaranty instrument relating to financing a motorway in Croatia. This effort enabled the customer to fund the third and last phase of the project.
Together with two UK partners, BEn won a 30-year concession and raised $3.1 billion of initial private financing to upgrade and maintain one-third of the London Underground through a public-private partnership.
We manage Bechtel's investment in Generation mPower LLC to design, license, and build the next generation of nuclear power plants based on Babcock & Wilcox's (B&W’s) mPower™ small-modular-reactor technology.
We helped project sponsors of the Nanhai Petrochemicals Complex in China to close a $400 million multicountry export-credit facility. This facility enabled the project to secure financing from international commercial banks and lower the cost of the project's debt.
Investing in the Future
- BEn implemented state-of-the-art capital expansion programs and operated three airport concession projects in Latin America and the Caribbean with Alterra Partners, a former joint venture of Bechtel Enterprises and Singapore Changi Airport Enterprise.
- Together with Shell and Enka, we arranged $1.5 billion of financing for the Gebze, Adapazari, and Izmir natural-gas-fired power facilities in Turkey, one of the largest private-sector greenfield power project financings ever completed.