Case studies
Case study: Aim Thai — from the field to the table
A plantation and a snack factory under one roof — the template for MIG's Agro vertical
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Insights & Media
Insights & Media
Market commentary, white papers, and press from the MIG research desk.
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From the research desk.
Research — financing method
6 papersFinancing AI Data-Centre Power
Non-recourse lending against PPAs and compute offtake: how an integrated gas, power and compute project is structured, secured and taken to the bond market
7 min read
PDF on request
How to discount a transmission line
Valuing availability payments, wheeling tariffs and contracted revenue — and turning the result into a bond
8 min read
PDF on request
Non-recourse lending for power generation
PPA-backed project finance in emerging markets — and where the MIG enhancement sits in the structure
9 min read
PDF on request
Non-recourse lending for transmission lines
Concessions, availability payments and construction risk — lending to the line, not to its owner
8 min read
PDF on request
Sovereign offtakes
Financing infrastructure against state purchase contracts — carrying the sovereign's credit without adding to the sovereign's debt
8 min read
PDF on request
The MIG Enhancement Explained
How a dedicated SPV, verified collateral, a guarantee and an insurance wrap take an emerging-market project to an investment-grade bond
10 min read
PDF on request
Research — AI infrastructure credit
4 papersFloating AI data centres with floating power
The power plant and the data centre on the water, at the same berth, from the same yard: design and financing
7 min read
PDF on request
Floating LNG-to-Power for AI Data Centres
Why the next generation of compute will be built at the shoreline, and why the floating plant is the fastest route to firm power…
6 min read
PDF on request
When the power is late, who pays?
Execution and counterparty risk in AI data-centre credit
29 min read
PDF on request
When the vendor is the lender
Chip-maker backstops, credit support and residual guarantees in AI data-centre credit: what they are worth, and what to ask before relying on them
10 min read
PDF on request
Case studies
3 papers · 3 casesCase study: Aim Thai — from the field to the table
A plantation and a snack factory under one roof — the template for MIG's Agro vertical
4 min read
PDF on request
Case study: Central America — transmission and generation
Transmission lines and power generation financed against their contracts — the origin of MIG's method
6 min read
PDF on request
Case study: distressed portfolio acquisitions
Buying loan and asset portfolios from North American banks at a deep discount — and working them out by hand
5 min read
PDF on request
Blue Sea Power
Athens-based developer of floating storage, regasification and power (FSRP) barges that bring fast, flexible gas-fired power where grids need it, starting with four non-interconnected…
Mediterranean · West Africa
MIG Finance Namibia (Pty) Ltd
Windhoek-based micro-finance company providing fast, affordable funding to small and medium-sized businesses across Namibia. Established in 2019.
Windhoek, Namibia
Transmission concession, Central America
MIG structured the financing; a 40% stake in the project company.
Central America
Commentary
1 paperFloating power for the islands the grid forgot
Hundreds of inhabited islands worldwide are “non-interconnected” — cut off from mainland power grids and dependent on imported diesel that is expensive, polluting, and…
1 min read
MIG on film.
Special Interest Films
Blue Sea Power — documentary
CNN Chile