EY’s services in project finance, infrastructure and public-private partnerships

Transaction advisory services

Effective strategy for managing your capitalHow organizations manage their capital today will define their competitive position tomorrow. The strategic, economic and social insights of EY empower our clients to make more informed decisions about managing their capital and transactions.

Our Ukrainian TAS team of more than 50 professionals has strong local capabilities and extensive experience in cross-border deals. We offer integrated, objective advisory services which are designed to help our clients evaluate opportunities, make transactions more efficient and achieve strategic goals.

By fully evaluating your Capital Agenda – including strategies to raise, invest, optimize and preserve capital – our teams can help you develop a business strategy for the digital age. We bring together transaction professionals across functional areas, sectors and geographies, along with advanced analytical tools.

Our goal is to help you achieve your best capital performance, deliver value to your stakeholders and achieve your strategic corporate objectives.

Legal servicesEY’s Global Law practice brings together more than 2,100 lawyers in 82 countries. Our dedicated legal team in Ukraine has 27 lawyers working to deliver the best solutions for your business.

We provide a wide range of services to international and Ukrainian clients.

Transaction advisory services

Valuation, modelling and economics

Real estate advisory

Transaction diligence

Transaction tax Operational integration

Restructuring  

Corporate finance and M&A

Project finance & Infrastructure advisory

• Legal support for investment and infrastructure projects in Ukraine, including PPP projects

• Legal assistance with development and implementation of reforms in Ukraine, including legislative support

• Legal structuring of corporate governance

• Legal assistance with new market entry projects in Ukraine

• Drafting agreements and other legal documents

• Advice on corporate, contract, antitrust, financial and other legal matters

• Legal due diligence

• Legal business structuring

• Legal support for M&A transactions

EY’s integrated approach to PPPEY offers end-to-end independent and integrated financial, commercial and legal services for major infrastructure projects. We are:• Integrated. We offer an integrated approach, methodology and services across the entire project

life cycle, from inception, planning and policy, through to development of the asset and the eventual sale.

• Independent. We coordinate talent and experience across a range of stakeholders, while remaining independent, trusted advisors throughout.

• Global. Our wide footprint enables us to tap into resources globally, connecting infrastructure owners and builders with relevant investors and operators.

• Sector Focused. We have proven experience across a number of sectors, including power and utilities, oil and gas, real estate, mining and metals, and telecommunications, as well as the more traditional infrastructure sectors of transport, health care, water, aviation, education, defense and renewable energy.

EY’s competitive differentiation - being the ONE STOP-SHOP for deal preparation and execution coverage

Geography Contacts Services

Local Global HNWI* International corporations

Private equity funds

M&A and debt advisory

Due diligence

Transaction tax

Transaction accounting

advice

People advisory services

Legal services

M&A boutiques

– – – – – – – –Investment

banks – – – – – –

IJ Global – Project Finance & Infrastructure Journal

Global Infrastructure Finance• PPP ranking by value of deals

(financial advisor): №1 in 2016 and №4 in 2017

• PPP ranking by number of deals (financial advisor): №2 in 2016 and №4 in 2017

Leading advisor to hospital projects in EuropeExample: over 35 completed hospital infrastructure projects in Canada, including 12 projects with an individual capital cost of at least $300 million

Corporate INTLGlobal Award for Infrastructure Sector Advisory Firm of the Year, 2017

Partnerships Awards 2015Grand prix award Infrastructure advisory work North West Rail Link, PPP, Australia

PFI AWARDS 2016Americas P3 Deal of the Year: UC Merced

Middle East and Africa Power Deal of the Year: Hassyan

Europe Telecoms Deal of the Year: Calais FTTH

Asia-Pacific Transport Deal of the Year: Canberra LR

* High Net Worth Individuals

Procurement

Pre-Procurement

Financial Optimisation

Raising Finance and Negotiations

Post Financial Close

• Economic Analysis• Strategic Financing Issues• Risk Analysis, Allocation and

Management• Regulatory Planning and

Development

• Pre-feasibility Study / Conceptual Notes

• Contracting and Delivery Model Assessment

• Market Sounding• Financial and Legal

Structuring

• Procurement Strategy & Options Analysis

• Feasibility Study• Sector Interest Assessment• Preparation of Tender and

Bid Documents

• Drafting the Agreement• Shadow Bid Development• Bid Management• Negotiation Strategy

Development

• Model Reviews/Audits• Model Development

(Financial and Operational)• Scenario Testing• Risk Analysis• Tender Support

• Commercial Terms • Financial Capacity Evaluation• Value for Money Assessment• Output Presentation to

Stakeholders

• Corporate Tax Structuring• Capital Allowances• Contingency Management• Structured Leasing• Securitisation & Hedging

• Asset Backed Finance Solutions

• Transaction Accounting Advice

• Negotiation of Commercial and Financial Agreements

• Structure Equity Participation• Debt Finance Sourcing

• Present to Rating Agencies • Propose Debt Term Sheets

and Close Finance

• Cash Flow Management• Debt Source Management• Refinancing Strategy and

Execution

• Equity Exit Strategy/IPO• Corporate Restructuring and

Portfolio Financing

Business Case

Commercial and Economic Advisory

Bid and Financing Strategy

Financial Modelling and Evaluation

Taxation and Accounting

Finance Raising

Asset Value Optimisation

EY’s services for PPP and other infrastructure projects

Our experience in public-private partnership services in UkraineDespite a limited number of PPP projects in Ukraine, our multidisciplinary team has solid experience in supporting such projects in various sectors.

How EY supports a PPP project

Our assistance with implementing the pilot concession project for the “Olvia” seaport

Sectors

Seaports

Airports

Energy infrastructure

Hydrocarbon production

Concessions

Joint activities

Mixed PPP agreements

Production sharing agreements (PSA)

Investment mechanism Engagement stage

Pre-feasibility study / Conceptual note

Feasibility study

Tender documents, including draft PPP agreement

Tender support, preparation of proposals for potential bidders, closing support

Feasibility studyKey tasks: • Participation in the project’s financial

analysis • Preparing the feasibility study (legal,

financial, social issues) as mandated by the legislation

• Legal analysis of the project• Social impact analysis

Status: completed

Concession tender and closing supportKey tasks: • Recommendations on financial and legal

issues during the tender process and closing support

Status: pending

Preparation of tender documentsKey tasks: • Drafting the PPP agreement• Participation in preparation of other

tender documents

Status: in progress

Preliminary feasibility studyKey tasks: • Financial analysis of the project options• Financial modeling• Limited market sounding• Legal and financial analysis of PPP

mechanisms and recommendations on the target transaction

Status: completed

EY contacts

Bogdan YarmolenkoPartner Transaction Advisory Services Leader in UkraineTel: +380 44 490 3059Mobile: +380 67 236 4310Bogdan.Yarmolenko@ua.ey.com

Mykhailo PrykhodkoSenior Executive Transaction Advisory Services Tel: +380 44 499 3369Mobile: +380 67 463 0283Mykhailo.Prykhodko@ua.ey.com

Albert SychPartner Law Leader in UkraineTel: +380 44 499 2011Mobile: +380 67 536 0507Albert.Sych@ua.ey.com

Bogdan MalnevSenior Associate Law PracticeTel: +380 44 499 3356Mobile: +380 67 231 5330Bogdan.Malnev@ua.ey.com

EY | Assurance | Tax | Transactions | Advisory

About EYEY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

For more information about our organization, please visit ey.com.

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