The VOA Bankability Standard
Our Modus Operandi
VOA does not simply introduce projects to investors. We screen, structure, document and prepare selected projects through a disciplined development pathway designed to meet the expectations of serious investors, DFIs, sovereign funds and strategic partners.
Development lifecycle
Nine disciplined stages
01
Originate
02
Screen
03
Structure
04
Prove
05
Partner
06
Prepare Finance
07
Financial Close
08
Deliver
09
Steward
Readiness framework
Project-readiness stages
| Stage | Name | Meaning | Output |
|---|---|---|---|
| 0 | Concept | Vision and opportunity identified | Initial project note |
| 1 | Concept Note | Problem, solution, sponsor, early capital need | Concept note |
| 2 | Pre-Feasibility | Market, site, regulatory and technical pathway under review | Pre-feasibility report |
| 3 | Full Feasibility | Technical, financial, legal and E&S analysis | Feasibility study & financial model |
| 4 | Bankability | Investor-grade documentation and risk allocation | IM, data room, risk matrix |
| 5 | Financial Close | Binding finance and contracts | Executed agreements |
| 6 | Delivery & Operations | Construction, commissioning and operations | Operating asset |
Discipline
What VOA rejects
VOA does not accept projects that lack sponsor transparency, legal clarity, development relevance, credible demand, a regulatory pathway, a preparation budget or reputational integrity.