$100+
billion
in Infrastructure Transactions22
Countries
15+
Award-Winning
P3 Projects in OperationPFAL provides a broad range of financial and commercial advisory services, including:
- Affordability and funding gap analysis
- Life cycle cost analysis
- Programming support
- Financial modeling and proforma development
- Long-term capital planning
- Due diligence and credit assessment
- Feasibility studies and business case analysis
- Value for money analysis (to determine optimal delivery method)
- Program and asset management
- Proposal evaluation
- Commercial advisory services in negotiating project agreements with private parties
- Property portfolio analysis and lease/purchase modeling
- Municipal advisory services
- Grant identification and writing
- Risk assessment and quantification associated with different delivery methods
- Procurement advice, structuring, and delivery for alternative delivery projects such as DB and design, build, finance, operate, and maintain long-term concessions.
- Develop financial plans for complex projects
- Source and structure debt and equity financing to support large-scale infrastructure projects
- Expert financial modelling and analysis consistent with international best practice
- Recommend transaction structures to meet project and client requirements
- Secure credit ratings as required
- Provide commercial advisory services for project and procurement documentation
- Due diligence development, including advisor procurement
- Quantitative risk analysis
- Debt capacity analysis
- Assist in selection and management of tax-exempt bond underwriters
- Direct placement of debt with banks and institutional investors
- Apply for and manage credit approval process for TIFIA and RRIF subsidized loans offered by the US Department of Transportation as well as WIFIA subsidized loans offered by the Environmental Protection Agency
- Apply for and manage the application process for in-state volume cap Private Activity Bonds
- Project funding strategy development, including grant and tax credit program identification and applications
- Asset acquisition due diligence and pricing recommendations
- Refinancing
- Restructuring advice
- Asset management
- Closing support
FOR THE PUBLIC SECTOR
Specializing in providing expert, impartial guidance in delivering and financing large-scale infrastructure and real estate projects, we take a holistic approach to solving complex problems with our relevant experience throughout the project lifecycle. We work for governments and universities who want to identify the most efficient way to deliver projects, manage risk, protect ratings, and procure through alternative delivery. We are a registered municipal advisor with the SEC and MSRB.
Planning
- Feasibility assessment
- Funding gap analysis
- Alternative revenue identification
- Optimal delivery method identification
- Business case development
- Optimal financing strategy identification
- Government approval process strategy and support
Analysis
- Financial structuring
- Funding plan development and optimization
- Federal funds and loans applications
- Value for money analysis
Project Management
- Procurement process strategy and support
- Document negotiation and closing
- Financial/commercial oversight during construction
- Restructuring/refinancing support
- Coordinate input from legal, technical, and revenue advisors
- Knowledge transfer and capacity building
FOR THE PRIVATE SECTOR
Our team of advisors, drawn from a wide range of capacities in infrastructure development, acts as an extension of our clients’ core developer team to provide expert, creative, solutions-oriented financial advisory services. Our comprehensive service ensures that we are providing smart, efficient solutions to achieve each project’s unique desired outcome.
Planning
- Financial modeling
- Feasibility assessment
- Funding gap analysis
- Alternative revenue identification
Analysis
- Financial structuring and alternatives analysis
- Funding plan development and optimization
- Federal loans applications and negotiation
- Due diligence management
Fund Raising
- Bid strategy and support
Project Management
- Advisor engagement and management
- Due diligence management
- Ratings process management
- Document negotiation and closing
- Financial/commercial oversight during construction
- Restructuring/refinancing support