Infrastructural projects are the ones that make history. They change the landscape – often physically – and they change the world. When you take on a project of this scale and complexity you need to know what you are doing. The market for infrastructure is exciting. Opportunities are coming, and you need to know how to take them.
When it comes to the financial, tax and accounting elements of your complex infrastructure project, PwC offers everything you need. Our expertise ranges from financial modelling to debt advisory, and the structuring of projects from a tax and accounting perspective. Our team of world-class individuals with in-depth expertise assist both public authorities and private clients, allowing us to get a clear and thorough perspective of the project from both sides. It’s our ability to grasp the priorities and constraints from both the public and private point of view that really helps us bring added value to the deal. In addition, the team also has experience in model reviews, refinancing and dispute analysis.
It’s the huge range and depth of our service that makes PwC your one-stop shop for all your financial needs, and lets you operate in the confidence that throughout the full life-cycle of a project, we are with you every step of the way.
All across the globe, we work with our clients, financing, managing and delivering large-scale infrastructure projects. From the initial planning to the successful conclusion of a project, we have access to expertise in engineering and technology, as well as in global and local finance, both private and public.
The new wave of PPPs is exciting, partly because the world will be dealing with infrastructural projects that have never been seen before. But when it comes to delivering on large and complex infrastructural schemes, we know what we’re doing because we have done it.
In 2016, the consortium Hortus Conclusus (comprising civil engineering company Jan de Nul and multi-technical installation company EEG) asked us to act as financial advisor as they bid for the contract for a new prison in Antwerp. This project was brought to market by Regie der Gebouwen that manages the federal government buildings in the province of Antwerp. It’s a hugely important and complex project for the city.
We helped the consortium to prepare the bid, attract funding and structure the project from a tax point of view. In September 2021, the consortium signed the contract with Regie der Gebouwen. We continue to support the consortium towards the financial close scheduled for September 2022.
We are also currently acting as financial and tax advisor to SOFICO (Walloon infrastructure financing company) as part of Plan Lumière 4, the drive to design, finance, modernise, manage, and maintain the public lighting equipment for the Walloon region’s structural network. SOFICO chose PwC Belgium as their financial adviser in 2012 because they knew they could trust us to bring a large-scale public project to the market.
We assisted in bringing the project to the market with the financial aspects well-structured, and focused on obtaining the highest quality at the lowest possible price for the development of this important infrastructure. In 2017, the design, build, finance, maintain (DBFM) project was launched in the market, and at the beginning of 2019, the contract was signed. We’re delighted to continue our involvement in this exciting and ambitious project by assisting SOFICO throughout the construction phase, and providing ongoing support with financial aspects related to the project.
We are particularly proud of our work on these projects - but these are just two of the complex and ambitious schemes we have played a part in. We are working with a range of organisations, companies, and authorities - such as the city of Antwerp, Regie der Gebouwen, Letec, De Lijn, the Belgian Offshore Platform, Denys, Suez, Parkwind, and more to ensure the sound delivery of PPPs and large-scale infrastructure projects.
If you have the ambition, we have the know-how.