Projects & Clients

Recent Clients

407 International
Abu Dhabi Investment Authority
American Infrastructure Funds
Assured Guaranty
Australian Government Department of Infrastructure & Transport
Australian Securities & Investments Commission
Baker & McKenzie
Bank of America
Brookfield Asset Management
Bureau of Infrastructure, Transport and Regional Economics (Australia)
Caisse de dépôt et placement du Québec
Canadian Pension Plan Investment Board
Development Bank of Southern Africa
European Bank for Reconstruction and Development
European Investment Bank
European Parliament's Committee on Budgets
European Parliament's Committee on Transport & Tourism
Gautrain Management Agency
Gilbert + Tobin
InfraRed Capital Partners
Macquarie Group
Maurice Blackburn
Midland Expressway Ltd.
Musa Capital
Old Mutual Investment Group SA
OMERS Infrastructure
Ontario Teachers’ Pension Plan
Oregon State Treasury
Piper Alderman
Portuguese Ministry of Finance
Quinn Emanuel Urquhart & Sullivan
South African National Roads Agency Ltd
Standard & Poor’s
Standard & Poor’s Risk Solutions
Talanx Asset Management
Victoria State Department of Transport (Australia)
World Bank
Zachry Corporation
Zolfo Cooper

Recent Projects


183A Toll Road (US)
407 ETR (Canada)
A8 Motorway Ulm - Augsburg (Germany)
A25 (Canada)
A41 Nord, ADELAC (France)
A150, ALBEA (France)
American Roads (US)
Americo Vespucio Oriente (Chile)
Arco Norte (Mexico)
Ascendi Group (Portugal)
Atlantia SpA (Italy)
Auto Estradas Centro (Portugal)
Autopista Central (Chile)
Autopista Vespucio Norte (Chile)
Autoroutes Paris-Rhin-Rhône, APRR (France)
Autoroutes Rhône-Alpes, AREA (France)
BRISA (Portugal)
Brisbane Airport Link (Australia)
Chicago Skyway (US)
Circuito Exterior Mexiquense (Mexico)
CLEM7 (Australia)
Cline Avenue Bridge (US)
Columbia River Crossing (US)
Concessionária Rota das Bandeiras (Brazil)
Concessionária Rota do Oeste (Brazil)
Concessioni Autostradali Venete (Italy)
Corredor Norte (Panama)
D1 (Slovakia)
Dakar - Diamniadio Toll Highway (Senegal)
Downtown Tunnel/Midtown Tunnel/Martin Luther King Freeway Extension (US)
Dushanbe - Uzbekistan Border Road (Tajikistan)
E22 (Latvia)
EastLink (Australia)
East West Link (Australia)
Foothill/Eastern Transportation Corridor (US)
Houbolt Toll Bridge (US)
I-495/Capital Beltway HOT Lanes (US)
I-66 Express Lanes (US)
I-75/I-575 Managed Lanes (US)
I-77 High Occupancy/Toll (HOT) Lanes (US)
IH 635 Managed Lanes (US)
Indiana Toll Road (US)
Kasomeno to Mwenda Toll Road (Democratic Republic of Congo/Zambia)
Lane Cove Tunnel (Australia)
Leon Astorga (Spain)
Linea Amarilla SAC (Peru)
Louisville - Southern Indiana Ohio River Bridges (US)
M6 Toll (UK)
Manor Expressway (US)
Mersey Gateway (UK)
Mid-Bay Bridge & Connector (US)
Monroe Connector (US)
NHAI TOT Bundle 1 (India)
Ningbo Beilun Port Expressway (China)
Northwest Parkway (US)
Pacífico Sur (Mexico)
Pennsylvania Turnpike (US)
Perth Freight Link (Australia)
Pinhal Interior (Portugal)
Pocahontas Parkway (US)
Port Louis Toll Road Project (Mauritius)
Punalur to Ponkunnam (India)
Queensland Motorways (Australia)
Sea-to-Sky Highway (Canada)
SH 288 (US)
SH 99 Grand Parkway (US)
South Norfolk Jordan Bridge (US)
SR-37 (US)
SR-91 Riverside County Express Lanes (US)
Tirana Outer Ring Road (Albania)
Triangle Expressway (US)
Via Expresa Sur (Peru)
Vias Nuevas de Lima (Peru)
WestConnex (Australia)
Western Sydney Orbital (Australia)


Gautrain Phase II (South Africa)
HS1 (UK)
NTV (Italy)
On-line rail ticket retailer (UK)
Passenger rail franchise bid (UK)
Rail freight company (UK)
Rolling stock leasing company (UK)
Tube Lines (UK)

Other Projects

Car park estate valuation (European concessionaire)
Car park estate valuation (UK airport)

Research Studies

State Highway PPPs in India: Lessons from the Early Stages of Project Preparations
World Bank

Ex-Post Evaluation of the Loan Guarantee Instrument for the TEN-T Projects (LGTT)
European Commission’s Directorate General for Mobility and Transport (with Ramboll)

Assessment of Contingent Liabilities Arising from PPP Highway Concessions
Portuguese Directorate General of Treasury & Finance (with Ernst & Young)

Disincentivising Overbidding for Toll Road Concessions
Australian Government Department of Infrastructure & Transport (with Oxera)

Review of Portfolio of Loans to Spanish Toll Road Concessions
International Bank (with Grant Thornton)

Financing Instruments for the EU's Transport Infrastructure
European Parliament's Committee on Transport & Tourism (with CE Delft and TEPR)

Causes of Over-Optimistic Patronage Forecasts for Selected Recent Toll Road Projects
Australian Government Department of Infrastructure & Transport (with GHD)

The Implications of EIB and EBRD Co-Financing for the EU Budget
European Parliament's Committee on Budgets (with the University of Leeds)

Review of Lessons from Completed PPP Projects
European Investment Bank

Project Finance Credit Risk Training Courses
Various banks (Australia, Austria, Germany, Portugal, Sweden & UK)

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