Building on the firm’s extensive experience in the areas of regulatory economics, financial policy, modelling and strategy, we are ideally placed to help clients navigate through the different phases of often complex transactions. Our advisory services span concept development, feasibility assessment, procurement strategy, transacting and post-contract review.
We advise in transactions arising from capital markets, mergers and acquisitions, infrastructure investments and operational decisions to help our clients to reduce risk and improve the outcome of any transaction. This includes funding and financing assessments that identify and prioritise sources of funding, as well as designing interventions to remove market failures and improve project bankability.
Further information about our specialist finance & transaction advisory experience is available from the links on this page.
Finance & transaction advisory News & insights
Development & climate finance: is just looking at the quantum of finance sufficient?
This Viewpoint Note reports on innovative methods to scale up the financing capacity of the multilateral development banks and explores some of the new proposals, emanating from the Global South.
Vacancy for a Senior Consultant: financial economics / regulatory finance
CEPA is seeking an exceptional individual to join its London office as a Senior Consultant, supporting the firm's work in financial economics and regulatory finance.
£573 million transfer of Triton Knoll offshore wind farm transmission link completed
Ofgem has announced its confirmation to grant an offshore transmission licence to ETEPCO (a consortium of Equitix Ltd & TEPCO Power Grid Inc).
Transfer of Hornsea Two offshore wind farm transmission link
CEPA, as part of Smith Square Partners Consortium, acts as financial adviser to Ofgem on the £1.14bn completed transfer of Hornsea Two offshore wind farm transmission link from Ørsted to Diamond Transmission Partners.
Reputation acknowledged by ranking recognition
CEPA thanks those clients, industry leaders, associates and future economists for the feedback they provided to Consultancy.uk, resulting in the firm’s high-level, 2023 ranking as one of the “Top Economics consulting firms in the UK”.
LSE students present findings about biodiversity policy
We are pleased to have supported another cohort of students undertaking the Capstone Course at the London School of Economics (LSE).
CEPA has again been recognised as one of the UK’s leading management consultants
We are grateful for the continued positive feedback from the market, which has led to CEPA retaining its position in the Financial Times' ratings.
Vacancy for an economic consultant: water and transport
CEPA is looking for an outstanding person to join our London office as a Consultant or Senior Consultant to support our work in water and transport.
CEPA recognised as one of the UK’s leading management consultants
Following another year of providing high-quality advice to our clients across our core sectors, we are grateful for the positive feedback from the market, which has led to CEPA’s inclusion in the Financial Times’ independent ratings report.
CEPA collaborates to advise about the selection of offshore transmission owners (OFTOs)
Continuing our co-operation with other specialist advisors in a consortium, we are pleased to provide further expert financial and economic advice to Ofgem under a new four-year contract for offshore electricity transmission assets.
New infrastructure investment approach to benefit millions across the Pacific region
A guide for institutional investors about co-investment options in infrastructure, developed by CEPA Australia, has been published.
Final report on New Zealand’s 2020/21 base milk price calculation published
The Commerce Commission in New Zealand has published its final report following the review of Fonterra’s 2020/21 base milk price calculation.
CEPA Australia advise on asset beta and specific risk premium
We have supported the Commerce Commission, New Zealand with their regular review of the base milk price calculation.
Australian Energy Regulator considers the links between the risk-free rate & market risk premium
The AER asked us to advise on the approach to estimating the Market Risk Premium (MRP) for the 2022 review of the Rate of Return Instrument. Specifically, we were asked whether there is a relationship between the risk-free rate (RfR) and MRP.
The new Build Back Better (B3W) initiative
In light of the recent announcements from the G7 regarding the B3W initiative, we have prepared a briefing note that focuses on how G7 countries can mobilise private finance for infrastructure in lower and middle income countries.
A new approach to the financing of public infrastructure
A major impact of COVID-19 has been a significant increase in the amount of borrowing by the UK government. This will likely have reduced the fiscal headroom available to the government to deliver its desire to ‘level up’ through an expansive infrastructure programme.
African Development Bank (AfDB) launches report to support investment into the African energy sector
AfDB and the Sustainable Energy Fund for Africa commissioned a consortium led by CEPA, to assess the availability of local currency finance for sustainable energy projects and the obstacles developers face in tapping into local financial and capital markets.
Consortium appointed to advise on the auction of offshore electricity transmission assets
CEPA appointed as part of Smith Square Partners consortium to advise Ofgem on the TR7 auction of offshore electricity transmission assets.
CEPA director presents his network charging vision to key energy stakeholders
Speaking at DCUSA Ltd’s 2020 Strategy Day, Patrick Taylor set out his views about the future of electricity charging in GB.
Gatsby Africa asks CEPA about development finance
We were pleased to work with Gatsby Africa to consider how development finance can enable growth and transformation of agriculture.
CEPA’s expansion continues across its offices
Increasing demand for CEPA's support and advice drives a growth in consulting team numbers.
Global Infrastructure Hub publishes guidance on infrastructure banks
Guidance has been published to assist governments interested in establishing, or reforming, a national infrastructure bank or a similar financing facility.
A guidance tool for National Infrastructure Banks and related facilities
We developed a reference tool which examined areas where National Infrastructure Banks could play a catalytic role.
Mobilising finance for infrastructure in Sub-Saharan Africa & South Asia
Our research for DFID highlighted the need for public institutions to create bankable infrastructure projects to unlock funds available from the private sector.
Financing UK infrastructure
Our review of private financing for infrastructure contributed to the national infrastructure debate on what role the public and private sectors should have in developing...
Strategic support to the Private Infrastructure Development Group
We advised the Private Infrastructure Development Group (PIDG) to focus on addressing project development constraints and facilitate local currency finance under its new Five-Year Strategic Plan.
Authorised Push Payment scams
Working with the industry and the regulator to summarise responses to a draft code.
Senior hire to meet demand from energy companies and regulators worldwide
CEPA today welcomes Gary Keane as a director to the consulting firm’s London headquarters.
Airport capacity strategy
CEPA’s contribution to this study on delivering the future airport capacity requirements in Ireland for the Irish Department of Transport, Tourism and Sport set out the decisions Ireland has to make - and the timing - to come to a good decision on the future capacity requirements of Dublin Airport.
Expert advice on cost of capital issues in the telecoms sector
We provided expert advice to Ofcom on cost of capital issues in the telecoms sector.
Alternative approaches for setting the cost of debt
CEPA were commissioned by two UK economic regulators to look at alternative approaches that could be used in regulatory determinations for the cost of debt allowance.
Estimating a shadow value of water
CEPA were appointed by the EBRD to support them in developing estimates of an economic value of water, reflecting the full social costs of water...
Financing the Universal Postal Service
We have helped Ofcom (and previously Postcomm) think through how best to ensure that Royal Mail is able to deliver the Universal Service in a financially sustainable manner.
Thames Tideway Tunnel & the cost of capital
In 2015, Ofwat awarded the licence for the Thames Tideway Tunnel. As part of the announcement, Ofwat stated the cost of capital that will apply during the construction period of the project (the 'bid WACC') would be 2.497%.
Financial and economic analysis of Morocco’s water leakage reduction objective
CEPA was hired by the World Bank to review Morocco's submission to the United Nations Framework Convention on Climate Change.
Review of financial models for Postcomm
Postcomm asked CEPA to review two of its financial models, to improve their robustness and confidence in their results. One of the models was to be published, making it particularly important that the model was well-designed and reliable.