EDC — Structured and Project Finance
Last Update: January 24, 2025
Canada
Financing for large-scale international infrastructure projects
EDC — Structured and Project Finance at a glance
Eligible Funding
- No Condition
Timeline
- Open Date : July 9, 2024
Financing Type
Loans and Capital investments
Eligible Industries
- Mining, quarrying, and oil and gas extraction
- Utilities
- Construction
- Manufacturing
Grant Providers
- Export Development Canada (EDC)
- Government of Canada
Status
Open
Overview of the EDC — Structured and Project Finance program
Get financing for challenging projects, with solutions specifically designed for limited-use financing of long-term capital-intensive projects. Get step-by-step advice, market insights and expertise across a range of sectors.
Financing terms and conditions
Structured and Project Finance is designed to facilitate limited recourse financing for large, long-term projects with significant infrastructure and capital demands. This program aims to support ventures that promise substantial economic returns and benefits for Canada, focusing on high-revenue ventures involved in international exports.
- Limited recourse financing tailored to support capital-intensive projects.
- Designed for projects with substantial revenue forecasts exceeding $50 million.
- Targeted at projects with international export components and substantial economic impact within Canada.
Eligible projects & activities
Structured and Project Finance supports large-scale global projects that require significant investments. Eligible activities are focused on sectors that involve export activities and deliver economic benefits to Canada.
- Financing of long-term capital-intensive projects exceeding $50 million in revenue generation.
- Export-focused projects in the extractive industries with global reach.
- Infrastructure development projects that require structured and limited recourse financing.
- Power and utility sector projects aimed at expanding global operations.
- Industrial projects with a demonstrated contribution to Canadian economic growth.
Examples of admissible projects:
$ 75,000,000
Development of a solar power plant for clean energy production
$ 63,750,000
Construction of a biofuel production plant to support sustainable energy
$ 60,000,000
Upgrading water infrastructure to support sustainable growth
$ 90,000,000
Construction of a wind farm to generate renewable energy
$ 150,000,000
Establishing an electric vehicle manufacturing plant
$ 100,000,000
Development of a hydroelectric power plant to supply clean energy
Eligibility criteria of the EDC — Structured and Project Finance program
Eligibility for the Structured and Project Finance grant is determined by the specific financial and operational scope of the project.
- The project must generate revenues of over $50 million.
- The applicant must have export activities outside of Canada.
- The project must require structured financing for execution.
- The project must be large-scale and within the extractive, power, utilities, infrastructure, or industrial sector.
- The project must demonstrate clear economic benefits to Canada.
Who is eligible?
- Companies with projects generating revenues over $50 million - Companies with export activities outside of Canada - Companies needing structured financing for large-scale global projects in specific sectors - Companies whose projects demonstrate economic benefits to Canada
Eligible expenses
This grant is tailored for large-scale economic activities that significantly contribute to Canada's economic growth through international collaborations and ventures. Eligible projects are generally within capital-intensive industries that require structured financial solutions.
- Development and construction of major infrastructure projects, such as roads, bridges, and rail systems.
- Large-scale power generation projects, including natural gas, hydroelectric, and renewable energy plants.
- Industrial projects in sectors like mining and oil, which require extensive infrastructure and operational investments.
- Export-driven manufacturing facilities that serve global markets.
- Utilities projects aimed at enhancing energy distribution and water supply systems.
Eligibility criteria of the EDC — Structured and Project Finance program
- Project revenues must exceed $50 million - Export activities outside of Canada are required - Need for structured financing for large-scale global projects in specified sectors - Economic benefits to Canada must be clearly demonstrated
How to apply to the EDC — Structured and Project Finance program
1
Initial Inquiry and Consultation
- Contact the grant provider to schedule a consultation.
- Discuss your project's eligibility and funding needs.
2
Detailed Project Proposal Preparation
- Prepare a comprehensive project proposal highlighting objectives, projected revenues, and economic benefits to Canada.
- Include a detailed financial plan illustrating the need for structured financing.
3
Documentation and Compilation
- Collect and organize all necessary documents like financial statements and export activity reports.
- Ensure all documents align with the application requirements outlined by the grant provider.
4
Official Application Submission
- Submit the completed proposal and documents to the grant provider through their specified submission process.
- Follow any specific guidance provided during the initial consultation.
5
Receive and Acknowledge Confirmation
- Wait for an acknowledgment from the grant provider confirming receipt of your application.
- Retain any confirmation email or letter for your records.
Additional information
- Applicants should provide a detailed business case outlining the economic benefits of the project to Canada. - Projects must align with the specific sectors mentioned: extractive, power, utilities, infrastructure, or industrial. - Export activities outside of Canada are a key requirement for eligibility. - Revenue generation of over $50 million from the project is necessary. - Limited recourse financing structure is a fundamental aspect of the program. - Reach out for more information on the program criteria and application process.
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