Lessons Learned from E&S Consultants in Project Financing

In this IPFA interview, we identify the critical topics for successful management of environmental and social (E&S) risks in conversation with Professor Cem Avci, founder of ACE Consulting and Professor of Civil Engineering at Boğaziçi University Istanbul Turkey, and Raimund Vogelsberger, an Environmental Engineer with over 35 years of international consulting experience.

We explore lessons learned from their combined 70+ years of international E&S consulting experience involving services on behalf of both the clients/developers and the lenders. The examples span a range of sectors (e.g., transportation, manufacturing, power/renewables) and across geographies in Eastern Europe/Balkans, Turkey, Africa, and Asia.

We address both positive and negative experiences at different stages of the project financing and discuss how certain decisions could have resulted in overall savings of time/effort during the process.