Further Financial Advisors Airport Capacity

The Department is working jointly with HM Treasury (HMT) to develop advice on possible delivery implications of shortlisted options for new airport capacity. To support this process, the joint team is looking to secure advisory support from a framework provider who can provide specialist market insight and external validation for the core team on appetite of private capital investors and conditions necessary to secure investment on this scale.

Advisers will be expected to provide specialist market insight into likely structuring and market issues associated with financing all shortlisted options for delivering new airport capacity based on their direct transaction experience, including engagement with credit rating agencies on financing structures for complex infrastructure projects, buy/sell side mandates for large airport transactions and/or debt raising for UK regulated utilities.

This work will take the form of a discrete mandate to provide advice on the financial deliverability and viability of all shortlisted options in the Airport Commission’s final report, in the run up to the Secretary of State’s response, and thereafter, to the Airport Commission’s recommendations.