Travis has been part of the Infrastructure Advisory Group in the United States since September 2007. Travis provides advice on PPP and Project Finance transactions on both the public and private side. In particular, he has experience in the water, energy savings / lighting, port, rail, intermodal, social (courthouse) and highway sectors. Travis focuses on commercial structuring of projects and has assisted on all aspects of transactions, including project feasibility, commercial structuring, financial modeling, value for money analysis, and financial closes.
Select Water PPP Experience
■ Aqua America (N/A, Water, Texas, Puerto Rico) – Travis was part of the team advising Aqua America on the potential acquisition of the rights to a water pipeline in Texas. Travis reviewed the financial model of another adviser, suggested changes to the assumptions used in the model, and discussed acquisition structuring options with the client.
■ Consolidated Water (N/A, Water, Arizona/Mexico) – Travis led the financial analysis for the team advising Consolidated Water on a project finance capital raise to fund a desalination plant in Rosarito, Mexico and assisted with the eventual sale of equity in the development company to a private firm.
Additional PPP Experience
■ Michigan Pump Stations – Travis is leading the financial analysis for the Michigan Pump Stations project. The project structure is currently being analyzed by MDOT and a decision on next steps is anticipated for Spring 2016.
■ Michigan Freeway Lighting – Travis led the financial and commercial analysis of the project and was KPMG’s day to day contact for the client. The project reached financial close in August 2015.
■ 36 Project (N/A, Highway, Colorado) – Travis was part of the team advising CHPTE on the U.S. 36 Project in Colorado. Travis was the main financial modeler for the initial feasibility analysis and also assisted with commercial structuring.
■ Long Beach Courthouse ($500m, Courthouse, California) – Travis was part of the team that advised Meridiam on the $500m Long Beach Courthouse Project that reached financial close in December 2010. Travis assisted with model runs and the financial close process.
■ Caltrans Presidio Parkway ($475m, Highway, California) – Travis was part of the bid evaluation team on the Presidio Parkway Project. In this regard, he evaluated one of two submitted bids and helped recommend to the client if the financial model was compliant, and if not, what inaccuracies there were. Travis also assisted with the financial capacity analysis.
■ Florida High-Speed Rail ($2.7bn, Rail, Florida) – Travis was part of the team advising FDOT on the proposed high speed rail project. In this regard, he assisted with financial modeling and project structuring.
■ TxDOT 635 ($2.7bn, Highway, Texas) – Travis was part of the bid evaluation team on the 635 project. He helped evaluate two competing financial models and was mainly responsible for the financial capacity analysis. Travis also assisted the project team leading up to the transaction with financial modeling support and commercial structuring advice.
■ TxDOT I-35E ($2bn, Highway, Texas) – Travis was one of the modelers on the 35E project and worked on the project from 2008 to 2011. Travis participated in numerous meetings, calls, and working groups on how to structure the project and evaluated a number of potential alternatives for project design.