Ann: NAIF - Strategic Assessment Phase Approval, page-3

The strategic assessment considerations include:

• The capabilities and track record of the proponent, sponsors, management and consultants.
• That the project involves the development construction or enhancement of infrastructure, in (or that will have significant benefit for) northern Australia.
• The pathways for the project to be fully funded, including availability of equity to support the project, and whether credible co-financiers have been identified.
• That there is a sufficiently developed and viable business case, which enables financial close to occur within a reasonable time.
• Revenue certainty and realistic operating cost forecasts, in support of debt repayment.
• The project’s executability, including strategy to achieve close in a reasonable timeframe.
• An assessment of environmental and social considerations: see Environment and Social Review of Transactions Policy.
• That the project has the potential to meet NAIF’s Public Benefit Guidelines and Indigenous Engagement Strategy guidelines.
• That NAIF funding is needed for the project.