First of all, we have a 30-year history of financing these types of projects. As I said, we have the largest project finance team in the country. Anything with respect to these types of greenfield projects in general is done with export credit agencies, often working alongside the private sector. When a sponsor or a group of sponsors gets to the point where they have sufficient equity and they're looking to how to make sure they can execute and go forward, generally they come to Export Development Canada to explore what the financing package could look like.
As part of that discussion, we start to take on our initial due diligence, with our project finance team leading. We look at whether there is sufficient balance between equity and debt. Is there the offtake that we're looking for? There's a whole feasibility due diligence that's undertaken for market feasibility and offtake.
I might let my colleague Guillermo speak a little bit to this, because he has had extensive experience in project financing, both before and mid-market.
That is a dialogue that often starts about a year in advance, before we even get to the point of having financing, to say what needs to be there in terms of offtake and whether there are sufficient investors around the table. Who is interested in coming and partnering alongside us?
Generally speaking, when it is in our country, there's an expectation that EDC would lead that financing. Because we're so well respected globally for our ability to lead and co-lead syndications of project finance like this, there's a lot of willingness to partner with us.
I might turn to Guillermo in case he would want to add something here.