The Federal Center for Project Finance (FCPF) - VEB PPP Center Overview

The Federal Center for Project Finance (FCPF) was established in 1995. FCPF is 100% subsidiary of the Russian National Development Bank (Vnesheconombank).

One of the company’s goals is to help advance the PPP market in Russia. Given the role of the Vnesheconombank as a national development institution, the FCPF is well positioned to serve as a national leader in PPP practice.

FCPF is a professional services company that provides investment advisory and project preparation funding (including PPP) by using knowledge and experience of the private sector.

FCPF areas of expertise:

Project Development Finance

  • Financing of project preparation through the following instruments:
    • Equity financing
    • Project preparation investment funds

Project Development Activities

  • Independent project investment analysis
  • Management of project development activities, including:
    • PPP project structuring
    • Strategic analysis
    • Feasibility studies (FS)
    • Design specifications and estimates
    • Commercial and regulatory support
  • Facilitation of project finance arrangements:
    • Debt financing (through VEB and other banks)
    • Equity fundraising

Project Development Support

  • Economic advisory
  • PPP implementation frameworks
  • Best practices
  • Public communications

Project Portfolio

FCPF team has over 20 years of industry experience in investment advisory services on PPP projects. FCPF manages a portfolio of early stage projects in wide range of infrastructure sub-industries including:

Transport: roads and bridges, public transport, railways, high-speed trains, ports, airports

Health Care Infrastructure: high-tech hospitals and clinics, telemedicine

Energy: generation facilities, grids, district heat supply, energy-saving technologies, renewable energy

Industrial Projects: Industrial infrastructure, mechanical plants, microelectronics, and others

Information Technologies: IT infrastructure, e-Government solutions