Delphos- Premier Financial Advisor in Private Emerging Markets

$20B

Capital Raised

358

Funding Sources

253M

Lives Affected

1874

Clients Served

Years Active

Delphos- your Compass in Emerging Markets

Delphos- Your Compass in Emerging Markets

Established in 1987 in Washington, DC, Delphos has grown into one of the world's premier financial advisory firms, specializing in capital raising and transaction advisory for private emerging markets. With over 38 years of experience, we have built an unparalleled track record in securing competitively-priced capital and delivering expert transaction advisory for corporates, fund managers, developers, SMEs, sovereigns, and entrepreneurs.

As the one-stop-shop for impact-driven projects in emerging markets, Delphos provides comprehensive solutions, including

capital raising
transaction advisory
structured financing solutions
AI-driven proprietary data analytics

Our team thrives in complex environments, bringing creativity, integrity, and expertise to ensure the business, financial, and societal goals are achieved for

project sponsors
private-sector investors
development agencies
local communities

Reach out to us today to unlock the potential of tomorrow.

Our Heritage

PowerGen (Windgen Power USA)

Delphos Secures Equity Raise for PowerGen to Expand Energy Access in Africa

Delphos advised PowerGen on a equity raise from global impact investors, unlocking an additional in concessional funding. The capital supports PowerGen’s scalable renewable energy platform, targeting 120 MW of power solutions, including microgrids and battery storage. This funding advances PowerGen’s mission to provide clean, reliable electricity in Nigeria, Sierra Leone, and the DRC, addressing energy gaps where traditional utilities fall short.

Delphos Financial Advisor MIK (Mongolian Mortgage Corporation LLC)

Largest DFC Financing in Mongolia to date: Delphos secures US$150MM for Mongolian Mortgage Corporation

Mongolia

2025

Up to US$20MM Senior Secured Debt for Mongolia’s Leading Digital Lending Platform, LendMN

Mongolia

2025

Delphos Secures US$7MM Financing for Maxxa to Empower Chilean SMEs

Chile

2025

Delphos Financial Advisor Bogd Bank – Private Placement

Delphos Secures US$100MM Fixed - Rate Notes for Bogd Bank to Boost Green Energy Projects in Mongolia

Mongolia

2025

Delphos Financial Advisor PowerGen (Windgen Power USA)

Delphos Secures Equity Raise for PowerGen to Expand Energy Access in Africa

Kenya, Nigeria, Sierra Leone

2025

Delphos Financial Advisor Feasibility Study of a 900 MW Pumped Storage Hydropower Plant in Thailand

Leading a Feasibility Study for EGAT of the 900 MW Vajiralongkorn Dam Pumped Storage Hydropower Plant

Thailand

2024

Delphos Financial Advisor USAID Clean Power Asia

Advisory on Cross-border Power Trade in Southeast Asia

Viet Nam, Myanmar, Cambodia, Thailand, Laos

2021

Delphos Financial Advisor Feasibility Study of a 25 MW Biomass Power Plant

Leading a Feasibility Study for a 25 MW Biomass Power Plant in Côte d’Ivoire

Côte d'Ivoire

2023

Delphos Financial Advisor MCC and Africa50 Millennium Impact Infrastructure Accelerator

Advised on the Establishment of the Millennium Impact Infrastructure Accelerator (MIIA)

Kenya, Morocco, Zambia

2023

Delphos Financial Advisor Developing Renewable Energy Storage System for the Pacific Island Countries

Advisory to World Bank Group on Renewable Energy Storage Systems for the Pacific Island Countries

Pacific Islands

2022

Delphos Financial Advisor ASEAN Power Grid Advancement Program

Leading the Development of a Roadmap for Multilateral Power Trade in ASEAN

ASEAN

2023

Leading a Feasibility Study of PLN, TNB and SESB for Two Interconnectors between Indonesia and Malaysia

Indonesia, Malaysia

2024

Delphos Financial Advisor Feasibility Study for Enhancing Plastic Recycling Across Asia

Led Feasibility Study for Chemically Recycled Post-Consumer Plastic Waste Facility in Thailand

Thailand

2023

Delphos Financial Advisor Bogd Bank- ADB

US$15MM Senior Debt for On-lending to Women-led MSMEs and Green Projects

Mongolia

2024

US$8MM Senior Debt for On-lending to SMEs and Women-led SMEs

Mongolia

2024

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AWARDS

Delphos- Recognized Excellence in Development Finance

Delphos, a premier financial advisor in developing economies, has been recognized with top industry honors, including the GlobalCapital Asia Awards, IJGlobal Asia Pacific Awards, FinanceAsia Achievement Awards, LatinFinance Project & Infrastructure Finance Awards, and PFI Awards. These achievements highlight Delphos' commitment to delivering innovative financial solutions and fostering sustainable growth from Latin America, Africa to Asia.

Blog Award Finance Asia Achievement Award

Project Finance International (PFI) Awards Delphos with Multiple Wins

Blog Award IJGlobal Asia Pacifics Awards

Global Finance Honors Delphos with Prestigious Sustainable Finance Award

Latest News

Delphos Advises LendMN On Raising An Up To USD 20 Million Senior Secured Debt Facility To Support Financial Inclusion In Mongolia

April 24, 2025

Maxxa, Symbiotics, and Delphos Announce USD 10.6 Million Deal to Support SME Growth in Chile

January 23, 2025

Delphos Advises PowerGen On a Transaction Involving the Establishment of a Transformative Renewable Energy Platform across Africa

January 21, 2025

Delphos Advises on a Landmark USD 150 million Deal for Mongolian Mortgage Corporation – Bolstering Housing Access

January 16, 2025

Bogd Bank Secures US$15MM to Empower Women Entrepreneurs and Green Businesses in Mongolia

September 24, 2024

Delphos Advises Pearl Dairy Farms on USD 35 million Debt Financing for Expansion across East Africa

July 16, 2024

Delphos Advises MPC Energy Solutions on a USD 34 million Non-Recourse Project Financing for the Construction of a 65MWp Solar PV Plant in Guatemala.

June 18, 2024

Delphos Takes a Focus on D.R.Congo’s Critical Mineral Value Chain

November 28, 2023

$125 million loan for Greek Shipyard Rehabilitation

June 13, 2023

Delphos Strongly Believes in Mongolia’s Potential and is Committed to it Surpassing Predicted GDP Growth

June 12, 2023

Future of Capital Raising in Emerging Markets 2026: What Issuers Must Do Differently to Attract Capital

Capital raising in emerging markets now requires stronger structuring, transparent governance, and disciplined execution to attract institutional capital.