Advisory

Independent counsel, across the capital stack.

For the institutions evaluating deals and the sponsors building them — practitioner-grade advisory on APAC digital infrastructure transactions. Research-first. Conflict-free. Transaction-ready.

Our Position

We work at the intersection of credit committees and the assets themselves — where physical risk, capital structure, and covenant design meet. We do not intermediate, broker, or place capital. Our work is to help principals make better decisions on infrastructure that matters.

Independence
No placement fees, no origination incentives.
Research-first
Every mandate inherits a continuously maintained sector thesis.
Practitioner-grade
Modelling and documentation at credit-committee standard.

I

For Capital Providers

Independent credit assessment.

We stress-test complex digital infrastructure exposures before capital is committed — validating physical risk layers, pressure-testing borrower resilience, and designing covenants that remain effective through the full asset lifecycle.

Who we work with

  • Corporate Banks
  • Private Credit
  • PE & Infra Funds

What we deliver

  • Deal screening and risk framework
  • Covenant design and protection package
  • Independent credit opinion
  • Physical risk layer validation

II

For Infrastructure Sponsors

Bankability and capital structuring.

We reverse-engineer institutional credit committee requirements so your project becomes financeable. We optimise PPAs and MLAs, model debt capacity, and structure the financing mix to secure the lowest weighted average cost of capital.

Who we work with

  • Data Centre Developers
  • TowerCos
  • IPPs

What we deliver

  • Debt capacity modelling
  • Financing mix optimisation
  • PPA / MLA bankability review
  • Term sheet structuring

Principal AI provides independent research and advisory. We do not solicit deposits, place securities, or receive transaction-contingent fees. All engagements are scoped under a written mandate. Jurisdictional availability may vary.