Ensuring Reliable Construction Delivery for Energy Transition Projects

In order to secure non-recourse financing for construction delivery solutions, it is important to recognize fundamental risk allocation principles. While these principles are typically applied in conventional project financing, the energy transition poses unique challenges that need to be addressed.

Energy transition projects involving new or scaled-up technologies may struggle to meet these risk allocation principles, especially while also striving for design optimization and innovation. Finding a balance between these factors can be a complex task.

At our firm, we have worked with clients to rethink traditional construction procurement approaches and develop a tailored turnkey engineering, procurement & construction (EPC) model. This model aims to not only meet the requirements of contractors and attract non-recourse finance, but also to improve the overall chances of successful project delivery.

For a more in-depth look at this topic, you can read the full article [here](https://www.akingump.com/en/insights/articles/securing-bankable-construction-delivery-terms-for-energy-transition-projects?utmsource=email&utmmedium=email&utm_campaign=pet-securing-bankable-construction-delivery-terms-report).