How we Helped them?
IFC funding - Sustainable waste management
MCC played a crucial role in enabling Averda to secure funding by delivering:
- Corporate Finance Model Development
- Designed a comprehensive financial model from scratch, forecasting development costs, operational expenses, and cash flow projections for waste management projects.
- Ensured the model provided a clear financial roadmap for new plastics recycling plants and material recovery facilities.
- Funding Requirements and Debt Optimization
- Analyzed capital requirements and identified a $30 million funding need for new projects across Oman, Morocco, and South Africa.
- Structured financial forecasts to optimize debt covenants, ensuring that Averda could service the loan while maintaining financial stability.
- Collaboration with Corporate Development
- Worked closely with Averda’s corporate development team to align the financial model with business expansion plans.
- Ensured that the model met the International Finance Corporation’s (IFC) funding criteria, improving the likelihood of successful procurement.
- Sustainability and Environmental Impact
- Incorporated recycling and reuse strategies into financial planning to align with Averda’s commitment to reducing carbon emissions.
- Provided data-driven insights on how the funding would contribute to long-term environmental sustainability and operational efficiency.
