Strategic merger – Corality and Navigator form the Corality Financial Group

In early July Corality and Navigator Project Finance announced a consolidation and formed the Corality Financial Group. Now in the second quarter, I am compelled to share with you how astonishingly well the new powerhouse is performing and the amazing view from the driving seat.

Welcome to Corality Financial Group's first newsletter. I look forward to sharing with you what we have been up to and what's in the pipe. We will also share our views on industry developments and trends – basically, we will discuss all the things that make us tick!

Happy reading,

Nick Crawley,
Managing Director

Corality Financial Group –
the start of a new era

The strategic merger between Navigator Project Finance and Corality is a decisive move to accelerate company growth by offering the industry's most complete set of analytical consulting and training services in combination with commercial and financial advisory.

Nick Crawley of Navigator Project Finance has been appointed Managing Director for Corality Financial Group and Rickard Wärnelid from Corality, Global Head of Business Development.

Read Managing Director Nick Crawley's article, Corality Financial Group - the start of a new era

International expansion – work with us in London, Singapore and Australia

In addition to the clear strategic benefits of combining two highly complementary organisations and service offerings, the merger means greater market share and improved efficiencies. The merger also focuses heavily on international expansion through existing offices in London and Singapore.

Client updates

Finders Resources Indonesia Mining project finance (Wetar) Finders Resources is an Indonesia-focused operator with its two key projects being the Wetar Copper Project (~95% interest and earning) and the Ojolali Gold-Silver Project (72% interest with option to increase to 100%). Corality's role: Mandated financial advisor for the project financing of Wetar.		mybikeRego Australia Retail/wholesale mybikeREGO was set up initially to provide cyclists with a way of ensuring they could be identified swiftly should they be involved in an accident. Their aim now is to also reduce bike crime and increase the probability of having recovered bikes returned to their rightful owners. Corality's role: Strategic decision and valuation modelling.
Dhakar Airport Senegal Airport infrastructure Senegal's new airport is planned to take 30 months to build and have an initial capacity of 3 million passengers a year - almost double the 1.7 million annual traffic handled by the existing airport. Corality's role: Financial model audit for the African Islamic Development Bank AIDB.		Salamander Energy Singapore Energy project finance Salamander Energy is an Asia-focused independent exploration and production company with a number of licences spread throughout Indonesia, Thailand, Vietnam and Lao PDR. Corality's role: Financial model audit for the project finance banks.