Resources, Energy & Infra :

From debt raising to financial modelling to transaction support – we understand Resources, Energy & Infra.

Whether the mandate is a $2billion financing for a mining co., or a 7 month valuation exercise for a rail project, the common element is that we “dig deep” to understand the project. We work from our clients office (or mine-site) : we sit next to the mine team, or the port team, or the infrastructure team. We go to site and we ask questions – we want to understand the key drivers and also the red flags .  Our detailed understanding then provides a strong foundation to achieve optimal outcomes for our clients.

We learn more about our clients projects in the field than behind a desk:

  • 2018-2019, Marine Infrastructure / Debt Advisory : Metro Mining Ltd: Rock Financial Advisory secured a $47m loan from Northern Australia Infrastructure Facility (NAIF) to purchase a new shiploader.
  • 2016-2018, Rail & Port Infrastructure & Energy (thermal coal) / Project Finance: 2 years at Adani Australia, working on the largest coal mine & rail project in Australia. Rock Financial Advisory was engaged to assist in procuring NAIF financing of $900m. This ranged from financial modelling build and ownership (across the three sub assets of mine, above rail, and below rail) to BFS review (all 38 chapters), to liaising with NAIF and answering all their DD. Over two years also involved in other aspects such as being the point person dealing with ECA re funding of A$1.2 billion for the 382km railway.
  • 2018, Renewables / Project Finance: worked on the financing of Adani‘s two solar projects in Australia: created financial models, wrote pitchbooks and met with lenders.
  • 2014-2015, Resources / Valuations: engaged by BMA (BHP Mitsubishi Alliance) conducting valuations on their coking coal mines in Bowen Basin, Australia
  • 2014: Resources / Corporate Finance: Provided training to Glencore staff at their global HQ in Baar, Switzerland in Corporate Finance and Valuations.
  • 2013-2014, Resources / Valuations: Created valuation models for TerraCom Limited (ASX: TER) (was Guildford Coal) re their Mongolian coal mines (working in both Brisbane & Mongolia).
  • 2012-2019, Gold Resources: created valuation models for Evolution Mining across all 5 gold mines and also created a company-wide valuation model.
  • 2011-2012: Port Infrastructure & Resources / Project Finance: Engaged by Aquila Resources working on WICET coal terminal application, and financial modelling and project financing of their Bowen Basin coking coal mines ( Eagle Downs, Washpool, Isaac Plains)
  • 2011-2012, Property Infrastructure / Bid Modelling : Created the financial model for the (winning) bid for construction of the largest hospital in Western Australia, (Fiona Stanley hospital in Perth), for client Serco plc.
  • 2009-2010, Rail Infrastructure / Bid Modelling: Created the financial model for the (proposed) Sydney Metro Underground train bid, for client Serco plc.
  • 2009, Resources / Financial Modelling : Audited and rebuilt a valuation model for Resource Generation’s coal mine in South Africa.
  • To view more details of assignments, please visit this page.

    In addition to the above, the team at Rock Financial Advisory have > 60 years combined experience working in the Project Finance departments of major Australian and Global Investment banks, across Mining, Energy & Infrastructure – thus bring a wide knowledge base  to our assignments. Please see a list of some of these projects at Debt Advisory & Project Finance

     

Energy

  • Loy Yang
  • Hazelwood
  • Yallourn
  • Callide C
  • Millmerran
  • BHP’s power assets
  • Citipower
  • Powernet
  • Kogan Creek
  • Collinsville
  • Oakey Creek
  • Wambo
  • Bengalla
  • Taranaki (NZ)

Infrastructure

  • Dampier to Bunbury Natural Gas pipeline
  • Dukes gas pipeline assets in Australia
  • Dalrymple Bay coal terminal
  • Goldfield gas pipeline
  • Privatisation of Victoria’s gas distribution/retail assets: Westar/Kinetik Energy

Resources

  • Lihir Gold (PNG)
  • Minera Alumbrera copper and gold mine in Argentina
  • 7 coal mines in Qld owned by Mitsubishi Development

Industry

  • Dyno Nobel’s Australian ammonium nitrate plant
  • BHP/Incitec’s acquisition of Southern Fertilisers