Aerial view of a global financial capital
The Capital Behind Enduring Assets

100% Financing of Large Assets & Projects Without Debt

Deep Green Capital arranges 100% equity funding for major projects and strategic assets — long-dated, unleveraged, and structured by accessing the world's largest pools of institutional pension capital, via its Monaco Sponsor Family Office.

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01The Structure

Funding Long-Term, High-Value Assets

Watch ThisA concise four-minute film setting out the complete funding model.

02Structure & Capital

The Funding Structure

We do not invest through a standing fund. For each transaction we incorporate a dedicated, single-purpose company, funded entirely by equity, that acquires or builds the asset and leases it to the sponsor on a long-term basis. The Monaco Fund cornerstones the vehicle; the balance is syndicated by global pension and superannuation funds. Each transaction is ring-fenced, so the performance of one project has no bearing on another.

100%
Equity Funded — Zero Debt
US$100m+
Minimum Transaction Size
10 – 40 yrs
Triple Net Lease Tenor
LARGE PROJECT / ASSET LESSEE SPONSOR Investment-Grade Project Sponsor / Counterparty Lessee 100% OF CAPITAL TRIPLE NET LEASE 10–40 YEARS COUPON PAYMENTS INVESTMENT-GRADE GUARANTOR if Lessee Sponsor is not IG MGPS Lessor Sponsor SPECIAL PURPOSE VEHICLE Project / Asset-Specific INVESTMENT BANKS $ £ € '000,000,000 INVESTMENT BANKS MONACO GLOBAL PENSION SYNDICATE — CO-INVESTORS Monaco Fund (Cornerstone) Pension Fund No 1 Pension Fund No 2 Pension Fund No 3 Superannuation Fund No 4 Superannuation Fund No 5
03The Commercial Mechanism

The Triple Net Lease

i

Structure

The SPV purchases or funds construction of the asset and leases it back to the sponsor for a term of 10 to 40 years.

ii

Operational Control

The sponsor retains full operational control and quiet enjoyment, bearing all outgoings — insurance, maintenance and taxes — under the triple net structure.

iii

The Coupon

A fixed, date-certain lease payment, established at inception and typically indexed to inflation, matching the pension funds' long-term liabilities.

iv

Reversion

A clear pathway to accrue up to 50% beneficial ownership through the term, with the right to reacquire 100% legal title at expiry or earlier on pre-agreed terms.

Reversion — Beneficial Ownership Accrual
01020 30405060 051015 20253035 4045 Beneficial Ownership (%) Lease Term (Years) Illustration Only Beneficial Ownership Accrual Pre-Agreed Guaranteed Full Ownership Reversion
Illustrative straight-line accrual to 50% over a 40-year term; the actual profile, conversion terms and any profit-share are set per transaction and documented at inception. The lessee sponsor retains the right to reacquire 100% legal title at expiry or earlier on pre-agreed terms.
04Investment-Grade Certainty

Secured on Investment-Grade Certainty

We secure pension capital through investment-grade certainty. Every MGPS lease payment must be made, or guaranteed, by an investment-grade sovereign or corporate counterparty — rated at or above the minimums below. Payments are principal-protected, date-certain and non-contingent for the full term of the lease.

BBB−
or above — minimum counterparty rating
Baa3
or above — minimum counterparty rating
05Case Studies

Illustrative Structures

Representative, anonymised transactions showing how the model adapts to new construction and to assets already owned.

Case Study · I

Bioenergy Plant — New Build

European Union · 20-Year Triple Net Lease · 100% Equity Funded
I

Capital Syndicate

Monaco Fund & Pension Co-Investors
  • Monaco Fund as cornerstone
  • Global pension & superannuation funds
  • Long-term, patient equity capital
II

Project SPV

Project-Specific Vehicle · Lessor
  • Newly incorporated for the transaction
  • 100% of construction capital provided
  • Pre-financing costs reimbursed at settlement
III

Bioenergy Plant

Utility-Scale · New Construction
  • Fixed-price, date-certain turnkey EPC
  • Performance bonds & completion guarantees
  • Comprehensive construction insurance
Triple Net Lease · 20 Years · AA Host-Municipality Guarantor
Lease Term
20 Years
Benchmark
Euro Sovereign
Indexation
Annual CPI
Profit Share
50 / 50 Net
Ownership
100% Any Stage
Case Study · II

Hospital — Sale & Leaseback

United States · 25-Year Triple Net Lease · Full Market Value Released
I

Capital Syndicate

Monaco Fund & Pension Co-Investors
  • Monaco Fund as cornerstone
  • Global pension & superannuation funds
  • Long-term, patient equity capital
II

Project SPV

Project-Specific Vehicle · Lessor · 25-Year Leaseback
  • Newly incorporated for the transaction
  • 100% equity · No debt or leverage
  • Acquires hospital at full market value
III

Hospital

Acute Care · Acquired from Group & Instantly Leased Back
  • Operations continue unchanged
  • Same staff, name and clinical leadership
  • No disruption for patients or community
Triple Net Lease · 25 Years · BBB Investment-Grade Lessee (No External Guarantor)
Lease Term
25 Years
Benchmark
US Treasury
Indexation
Annual CPI
Cash Released
Full Value
Ownership
100% Any Stage
06Leadership

Leadership

Paul Brook
Paul Brook
Chief Executive Officer
LinkedIn
Ces Iewago
Ces Iewago FAICD
Executive Vice Chairman
LinkedIn
Simon Birch
Simon Birch
Managing Director
LinkedIn
Fransiska Menik
Fransiska Menik CA
Director
LinkedIn
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Deep Green Capital Limited — a member of the PanEuro Group · London · Worldwide mandate