CAPITAL GOVERNANCE
How it works Who it is for Glossary Request a walkthrough
Shared obligations register

One honest picture of a project's obligations.

Capital Governance is the shared record of what a financing owes and to whom. What is due, when it is due, and what closes it, held in one place for the developer, the funders and the facility agent. Everyone works from the same truth instead of trading spreadsheets.

Request a walkthrough See how it works

Today these obligations live in spreadsheets and email.

On infrastructure and climate financings, every party keeps its own version of what is outstanding, and the versions drift apart. A condition one side counts as met is still open on another list. Drawdowns wait while people work out who has done what, and when a funder asks for the state of play, someone rebuilds a status pack by hand. Capital Governance replaces that with one register every party can trust.

What it does

One register, and each side gets the view it needs.

Every condition, covenant and reporting duty in one place, with each party seeing its own scope of the same records. Nothing is duplicated, and nothing is hidden from the people who are entitled to see it.

Developer
See what stands between you and the next drawdown, and give funders a straight answer without building a status pack each time.
Funder or lender
Read the real health of a financing across all its obligations, for the deals you fund and the ones you are weighing, without chasing the developer.
Technical adviser
Set out what you need from the developer and track it where they already work, instead of over email threads.
What it tracks

Every obligation in a project financing, in one register.

Conditions precedent, covenants, environmental and social commitments, drawdown conditions and reporting duties, held as one auditable record. For lenders and investors it is risk control: capital releases against conditions that are demonstrably met, and the state of a financing is provable at any moment rather than reconstructed after the fact.

Conditions precedent
The conditions to satisfy before first drawdown and before each subsequent tranche. Track every CP, what closes it, and who has signed off, so funds release against a complete list rather than a best guess.
Covenants and undertakings
Financial, information and affirmative covenants across the facility agreement. See what is owed, when it falls due, and whether it has been satisfied, without rebuilding it from email.
Environmental and social
Environmental and social action plan (ESAP) items, E&S covenants and lender safeguard requirements, each tracked to closure with its supporting evidence attached.
Tranches and drawdowns
Each tranche's drawdown conditions and reconciliation in one place. The developer sees what stands between them and the next drawdown; the lender sees whether it is genuinely met.
Reporting obligations
Periodic reporting, compliance certificates and deliverables owed to funders, with due dates and a clear record of what was submitted and accepted.
Evidence and audit trail
Every obligation carries the commentary, confirmation and formal documents behind it, so the financing is auditable at any point and nothing rests on memory.
Why now

The money going into infrastructure has outgrown the tools that govern it.

More money is moving into infrastructure through blended and climate finance, and the reporting that comes with it keeps growing. The obligations attached to that money are still handled by hand. Getting them wrong slows every drawdown and makes the health of a portfolio harder to prove.

Request a walkthrough

See it on a real financing.

Fifteen minutes is enough to walk the register and the overview. Leave a few details and a request goes straight to the team.

Requests go straight to the team. Prefer to write directly? Email info@capgovern.com.