Entities acting in the energy sector may operate under different economic conditions and with distinct categories of assets. This means the necessity of individually shaping the sources of financing its activities. To this end:
- we establish the capacity and readiness of the financing conditions for the entity by the shareholders and/or owners; financial institutions and commercial creditors,
- we define the target structure of ownership financing (via own funds and owner’s loan) and liabilities financing,
- in the event that the proportion of funding of the entity by liabilities is considered excessive, we recommend a source for refinancing the excessive part of liabilities.
Entities that as a result of significant and adverse changes in the energy sector have accumulated extremely high level of liabilities usually require especially deep and fundamental changes in financing. These liabilities in many cases exceed the value of the assets, and their effective restructuring determines whether the activity of the entity will continue in its present form, or whether a restructuring of ownership will be necessary.