PFAL acted as the financial advisor to Edgemoor Infrastructure & Real Estate, who was selected as part of a competitive procurement to develop the new airport terminal at the Kansas City International Airport. The project reached financial close in June 2019 and is currently under construction. The $1.5 billion New Terminal will provide a new, modern airport facility that provides for a better passenger experience and quality of service. During the course of our work, PFAL identified $200 million in potential cost savings for the project.