Construction Financing

Need a new headquarters for your growing company? Need a new bridge for your city? Construction financing can help you get the job done. 
partner story

Whitecap Resources

This Canadian oil & natural gas provider had two goals in mind: to term out a portion of outstanding debt under its borrowing base and diversify its access to long-term capital. They turned to us, and together, we tailor-made a US$175 million multi-currency Pricoa Shelf Facility.
Construction financing describes any type of financing used in the development of buildings, infrastructure, or energy projects. We have three groups that help companies finance construction projects:
  • Energy Finance consists of specialists in upstream (exploration & production), midstream, power, and renewables. The team has helped finance projects for a variety of uses across the energy value chain,  including power generation and electric grid operation and management
  • Infrastructure Finance  specialises in providing long-term, fixed-rate debt for transportation infrastructure projects, like ports, bridges, tunnels, passenger and freight rail, shipping terminals, and parking
  • Credit Tenant Lease Financing provides construction-to-permanent financing as well as funding for sale/leaseback opportunities, capital leases, and acquisitions of single tenant, net leased properties for strong corporate and government tenants
our people

Let's build something great - together.

“As a capital provider, everything we do is meant to generate growth, and it’s always nice to see our partner companies accomplish their growth objectives.”

BRITTANY BRADEN
vice president
Energy & Finance
Typical size
  • US$25 million - US$300+ million
Typical uses
  • New construction
  • Renovation or expansion
  • Property operation and management
  • Infrastructure (roads, bridges, ramps, etc.)
Structural characteristics
  • Investment grade long-term debt
  • Project finance or traditional corporate issuance
  • Maturities of up to 25+ years with custom amortisation schedules
  • Assets may be directly owned or operated through a long-term concession or contract
Issuer benefits
  • Ability to receive capital and complex structures for a wide variety of asset types
  • Capability to fund in local currency and in fixed or floating rate
“Pricoa is one of the leaders in the private placement market, and we felt that they would be good long-term partners that we could work closely with, that understand the oil and gas business, and can appreciate the quality of assets that we have.”
Thanh Kang, Chief Financial Officer, Whitecap Resources
contact us

Hello!

We are excited to meet you and look forward to getting to know you. Please reach out with questions or just to say hi.

Contact us

Someone will get back to you as soon as possible.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
By submitting the form, I acknowledge the entered data will be retained by Pricoa Private Capital. Privacy Policy >
Pricoa Private Capital (‘PPC’) is a trading name of PGIM, Inc. (‘PGIM’), the principal asset management business of Prudential Financial, Inc. ('PFI'). Pricoa Private Capital registered in Ireland as PGIM Private Capital (Ireland) Limited, Pramerica Drive, Letterkenny Business and Technology Park, Letterkenny, Co Donegal, F92 W8CY, Ireland. Registered in Ireland under company number: 635793. Authorised and Regulated by the Central Bank of Ireland. In the United Kingdom (UK), and various other jurisdictions in Europe, certain investment activities are undertaken by PGIM Private Capital Limited, authorised and regulated by the Financial Conduct Authority, (registration number 172071). PGIM Private Capital Limited is registered in England No. 1331817. The registered office is Grand Buildings, 1-3 Strand, Trafalgar Square, London WC2N 5HR. PPC, Pricoa, PGIM and the Rock symbol are service marks of PFI and its related entities, registered in many jurisdictions worldwide. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

©2020, Prudential Financial, Inc. and its related entities. Your personal information may be stored and processed in any country where PGIM has facilities or in which we engage service providers and if you provide Personal Information to us you consent to the transfer of that information to countries outside your country of residence, including the United States, which may have different data protection rules than those of your country.