Clifford Capital

Clifford Capital’s group CEO Murli Maiya recently discussed the infrastructure debt financing landscape and its scalability with FinanceAsia. He said that the definition of infrastructure has evolved significantly over time as technology progresses and a greater emphasis is placed on sustainable and equitable development. #infrastructure #Asia #debt #financing   https://lnkd.in/gT_YF4K5  

Our Group CEO, Murli Maiya, recently shared with FinanceAsia on how Clifford Capital is scaling the infrastructure debt financing landscape. You can read the full interview here: https://lnkd.in/gT_YF4K5

Clifford Capital is pleased to announce the successful issuance of Bayfront Infrastructure Capital V ("BIC V"), a US$508.3 million infrastructure asset-backed securities (IABS).   BIC V, our fifth and largest public IABS issuance to date, has the highest proportion of eligible green and social assets at 43% of the total portfolio. We are also delighted to partner with GuarantCo again, through their guarantee of the mezzanine Class D notes within the structure.   Find more information here https://lnkd.in/gTuVUPfG   #IABS #infrastructure #renewables #sustainability #Asia #TeamCliffordCapital Nicholas Tan Bryan Woon Joshua Long Hang Vuong Kelly L.

Clifford Capital and Pentagreen Capital today announced a US$30 million green loan collaboration with BECIS - Commercial Industrial Solutions to support bioenergy projects in Southeast Asia and India.   The loan will finance individual decentralised installations across Indonesia, Thailand, Cambodia, the Philippines and India. The bioenergy projects convert agricultural waste and other sustainably sourced feedstock into renewable steam, which is delivered to industrial customers under offtake agreements to reduce their carbon footprints.    As structural arranger, Clifford Capital is delighted to have put together a bespoke financing solution with Pentagreen Capital to get this transaction off the ground. For more details, please visit: https://lnkd.in/gGf3_36y   #sustainablefinance #bioenergy #Asia

Clifford Capital has announced today that Moody's Ratings has upgraded the ratings on the Class B and Class C Notes issued by Bayfront Infrastructure Capital III Pte. Ltd ("BIC III"). BIC III's US$33.4 million Class B Notes have been upgraded to Aaa (sf) from Aa1 (sf), and the US$43.0 million Class C Notes have been upgraded to Baa1 (sf) from Baa2 (sf). BIC III is an Infrastructure Asset Backed Securities (“IABS”) transaction issued in September 2022, originally backed by a US$403 million portfolio of 28 loans to 26 senior project finance and infrastructure loans across Asia Pacific, the Middle East, and South America. Find out more https://lnkd.in/gwDhfEcp #infrastructure #IABS #Ratings

One Minute Q&A with Gaurav Yadav. Q: You recently joined the organisation, what brought you to Clifford Capital? A: Rapid digitalisation globally, coupled with an increasing focus on energy transition, is driving infrastructure investment and the need for long-term debt financing. While banks have traditionally provided the capital, growing demand and capital constraints, are creating a financing gap, particularly in Asia. Clifford Capital plays a critical role in bridging this gap by mobilising institutional capital. The idea of bringing complementary capital to the table and providing innovative financing solutions to our clients in digital and social infrastructure convinced me to join Clifford Capital.    Q: What is digital and social infrastructure? A: Digital infrastructure covers the communications value chain that supports and powers our connected lives, including wired and wireless telecommunications operators, telecommunications towers, terrestrial fibre, data centres, submarine cables, and satellites. Collectively, the sum of these invisible parts supports everything from mobile applications to large AI models.   Social infrastructure directly impacts our lives through areas like healthcare, education, and senior living.   Q: What do you find most interesting about the digital and social infrastructure sectors? A: They are evolving quickly thanks to technology. Each client’s financing requirements are unique based on their growth plans, sub-sector and country. As an infrastructure debt provider, this demands deep industry knowledge and structuring expertise to deliver bespoke and innovative financing solutions. While a challenge, I find these dynamics interesting, as it requires keeping abreast of latest industry trends and having constant dialogue with clients to understand their evolving needs.   Q: What do you find most exciting about your new role? A: I believe that the future belongs to connected economies powered by sustainable infrastructure. Clifford Capital is focused on financing sustainable infrastructure, and being able to support our clients in achieving their growth goals on this front excites me the most.  

It was a team building ‘hole-in-one’ last week as our Client Coverage Group (CCG) and Markets & Investor Services (MIS) colleagues got together for a few games of mini-golf, followed by dinner! #teambuilding #workculture #teamwork

One Minute Q&A with Florence Lee Q: What interested you about Clifford Capital when you joined in 2022? A: I saw Clifford Capital as a pocket-size powerhouse, small but a force to be reckoned with. As opposed to the larger organisations that I had experienced, I was attracted by the opportunity to lead and directly shape the people agenda of this powerhouse. Q: How has the organisation changed since then? A: We are now focused on building scale, expanding capabilities and delivering sustainable returns. We have concurrently stepped up our employee engagement and development focus, as our people are a key enabler in this growth journey. Q: How would you describe the culture of the firm? A: There is a very strong teamwork and collaboration culture. The team is results-oriented, hardworking and constantly pursuing improvements and new opportunities. There is also a huge sense of pride and purpose over our Singapore mandate to support the growth agenda of clients with a nexus to Singapore, through our range of products across the debt capital spectrum. At Clifford Capital, we respect and celebrate the diversity amongst us. 55% of our workforce are women and we make sure to celebrate the different cultural festivals with our employees. Q: What keeps you motivated? A: Balancing and creating values for the organisation, the business and our people. It is an equilibrium, and a hat-trick, that I constantly strive to achieve as a HR leader.

Today, we recognise and appreciate the invaluable contributions of our Admin team. Thank you for your dedication and hard work. Happy Administrative Professionals Day to all of you! #AdminProfessionalsDay #ThankYou

What is the current financing appetite for the #offshore energy sector, and how is this evolving to meet the needs of the global energy transition? This was the central discussion at a panel event at the Marine Money conference in Singapore recently, where Desmond Leow, Director, Maritime Industries, Client Coverage Group focused on the balance currently being struck between financing traditional oil and gas projects and fast-tracking offshore wind projects, and how infrastructure debt providers such as Clifford Capital were filling the gap created by the pulling back of traditional commercial banks. Desmond also shared about the increasing importance of Infrastructure Asset Backed Securities in creating more capacity on the banking front by helping banks recycle capital. Panellists (pictured) also discussed the role of alternative capital providers (such as private equity, private credit and leasing houses) and deal structuring in whether projects make it over the line.