Methodology · Credit-memo composition v1.0

How the credit memo is composed

A per-asset investment brief assembled automatically from the platform's layers — and an explicit account of what it is not. Version v2.137.24

The memo composes existing feed values into the eight-section committee format. It originates nothing: every line is a Sourced or Derived figure already published on the platform, carried through with its three-state badge and a link back to its feed. It assembles evidence with provenance — it is not a credit recommendation, and it is not investment advice.

Universe

The financeability development pipeline — the diligence-grade, pre-FID assets a DFI would plausibly finance. This set is COI-clean (no DRC or Rwanda assets), so the memos carry no Great Lakes COI exposure.

What each section draws on

Section	Source feed
1 Executive summary	synthesis of the sections below — no new facts
2 Transaction overview	`financeability` (capital need, funding status, deal/fiscal structure, offtake) + `bankability` (capex)
3 Sponsor	`financeability` (sponsor, type, ownership)
4 Asset & economics	`bankability` (NPV, cost position, study basis) + `financeability` (stage, commodity class)
5 Financial & debt	`bankability` (NPV, capex); debt/DSCR via the lender's-lens tool
6 Risk	`financeability` (time-to-cashflow) + `downstream` (route-to-market verdict, security)
7 Safeguards	`safeguards` (IFC PS, EP category, ESIA status, quantified score)
8 Mandate fit & context	`financeability` (mandate dimensions, development impact)

Honest Pending states

Pending Debt / DSCR across the whole set: these pre-FID assets carry no annual operating-margin scenario, so a debt-service coverage ratio cannot be sized without inventing a cash-flow profile. The memo says so and points to the debt-sizing tool, where the calculation is populated for producing assets.
Pending Downstream verdict for most assets: the route-to-market layer is its own set and has not assessed every pipeline asset.
Pending Binding mandate eligibility: the mandate lines state where an asset sits inside a DFI family's published scope; exclusion lists and instrument fit remain confirm-with-institution.

Throughout, Pending means not-yet-evidenced, not a negative finding. The diligence that closes these items, the facility structure, and the credit decision are the institution's.

Cross-references: credit-memo generator · debt-sizing tool · DFI screening tools