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Infrastructure

Infrastructure Valuation

Roads, highways, airports, and large infrastructure assets valued through PPA, impairment testing, and strategic valuation engagements.

$5B+

Infrastructure valued

40+

Major projects

100%

Audit-ready

The Challenge

Why infrastructure is complex

Infrastructure assets have unique characteristics that require specialized valuation approaches.

Long Asset Lives

Infrastructure assets have 30-50+ year useful lives, requiring sophisticated long-term cash flow modeling and terminal value considerations.

Complex Concession Structures

Public-private partnerships, toll agreements, and regulatory frameworks create unique valuation challenges.

Traffic & Usage Forecasting

Revenue depends on demand projections that can vary significantly based on economic conditions and competing infrastructure.

Regulatory & Political Risk

Government policies, rate regulations, and political changes can materially impact asset values.

Our Approach

Infrastructure-specific methodology

We combine engineering analysis with financial modeling to capture the full value of infrastructure assets.

1

Asset Condition Assessment

We evaluate the physical condition, remaining useful life, and capital expenditure requirements of infrastructure assets.

  • Engineering condition reports
  • Deferred maintenance analysis
  • Capital improvement planning
  • Asset replacement scheduling
2

Revenue & Traffic Analysis

Detailed modeling of demand drivers, usage patterns, and revenue sustainability.

  • Historical traffic trends
  • Demand elasticity modeling
  • Competing infrastructure impact
  • Economic sensitivity analysis
3

Concession & Contract Review

Analysis of operating agreements, regulatory frameworks, and contractual protections.

  • Concession term analysis
  • Rate adjustment mechanisms
  • Termination provisions
  • Extension option valuation
4

Risk-Adjusted DCF

Long-duration cash flow modeling with appropriate risk adjustments for infrastructure assets.

  • Multi-decade projections
  • Inflation and rate indexation
  • Political risk assessment
  • Terminal value considerations
Use Cases

When you need infrastructure valuation

Purchase Price Allocation

PPA for infrastructure acquisitions under ASC 805

Impairment Testing

Annual and triggered impairment assessments

Project Finance

Valuation support for infrastructure financing

Privatization Transactions

Fair value for public-to-private transfers

Concession Renewals

Valuation for contract renegotiations

Portfolio Optimization

Asset-level valuation for strategic decisions

Have an infrastructure asset to value?

Let's discuss your infrastructure valuation needs and timeline.