NVTA Alternative Funding & TIFIA process, California

Role: Financial Advisor to Napa Valley Transportation Authority

PFAL provided business case analysis, structuring advice, revenue identification, funding, and financing strategies analysis, including securing a rating for NVTA and completing a successful TIFIA loan application under the Build America Bureau’s Rural Projects Initiative. As part of this work for this c.$40m facility, PFAL also considered funding alternatives to help deliver a new electric bus fleet. Alternatives explored include potential collaboration with the City of Napa, asset disposal, joint development opportunities, and financing options.