Business Details
39 Years
experience
Trusted Engineering & Financial Advisory Services
K&M Advisors is an internationally recognized finance and engineering advisory firm with over 34 years of experience in infrastructure project development. Since 1987, we have advised private investors and governments on power, water, and telecommunications projects valued at over $50 billion globally. Our team combines engineering expertise with financial acumen to deliver feasibility studies, due diligence, transaction advisory, and project development services. We specialize in renewable energy, conventional energy, energy storage, and LNG-to-Power sectors, with a proven track record of structuring 19 IPPs that reached financial closure.Our multidisciplinary approach integrates technical, commercial, and regulatory expertise to create commercially viable projects that balance public interest with investor needs. With offices in Bethesda, MD, and Cartagena, Colombia, we provide localized solutions to global infrastructure challenges.
Services
Feasibility Studies
Due Diligence
Transaction Advisory
Data Centers
Owners Engineer
Lenders Engineer
Policy Reform
Project Development
Energy Storage
LNG-to-Power
Details
- Year established: 1987
Highlights and features
- We have advised on 19 IPPs that reached financial closure
- Our team pioneered partial risk guarantees in IPPs
- We led the first IPPs in 10 countries including Vietnam and Colombia
- We combine engineering expertise with financial and regulatory knowledge
- Our 34-year track record spans power, water, and telecommunications sectors
Services
Feasibility Studies
Our feasibility studies assess technical, financial, and regulatory aspects of infrastructure projects across 90+ countries. We analyze technology options, conduct site assessments, and develop financial models to determine project viability. Our engineers and economists collaborate to create implementation plans that balance commercial interests with public needs.
Due Diligence
We perform comprehensive due diligence using a four-pillar approach covering technical, market, regulatory, and commercial aspects. Our team identifies and mitigates risks for lenders, investors, and governments, having supported $10+ billion in infrastructure financings. We review project agreements and financial models to ensure informed decision-making.
Transaction Advisory
Our transaction advisory services focus on structuring viable project frameworks for financial close. We develop functional specifications, draft project agreements, and manage competitive bidding processes. With experience in 19 landmark IPP transactions, we specialize in creating balanced risk allocation models that satisfy all stakeholders.
LNG-to-Power
We provide end-to-end LNG-to-Power project advisory, from supply chain analysis to power plant development. Our services include LNG supply solution analysis, procurement management, and regulatory compliance support. We help clients implement cleaner energy alternatives to coal and diesel in developing markets worldwide.
Policy Reform
Our policy reform services help governments create competitive energy markets through legislative drafting and regulatory agency design. We develop institutional frameworks that balance investor incentives with consumer protections, supporting private infrastructure development in emerging economies through capacity building and institutional reform.
People
Billy Kappaz
Chairman and CEO
Chairman and CEO of The Dorado Group with decades of experience in infrastructure development and private capital mobilization. Founded K&M in 1987 to pioneer new financial architectures for infrastructure projects.
Alfonso Guzman
President
President with 23+ years of experience in power and LNG projects. Leads strategic development initiatives and provides technical expertise for complex energy infrastructure transactions globally.
Leonid Golbin
Managing Director
35-year power industry veteran specializing in technical services. Oversees engineering teams and provides expert guidance for power plant development and construction projects worldwide.
Derek Martin
Managing Director
24-year transaction services expert who has led development and negotiation of major infrastructure projects. Specializes in structuring complex power purchase agreements and project financing arrangements.
Nils Janson
Managing Director
25+ year economist specializing in policy and regulation. Develops regulatory frameworks and market structures that balance investor interests with public policy objectives in energy sectors.
Questions
What infrastructure sectors does K&M specialize in?
We focus on power generation (renewable and conventional), LNG-to-Power, energy storage, water/wastewater, and telecommunications projects globally.
How does K&M support data center power needs?
We provide self-supply solutions including power generation technology selection, site development, and EPC management for data centers facing grid constraints.
What geographic regions do you serve?
We operate globally with particular expertise in emerging markets across Latin America, Africa, and Southeast Asia.
Can you assist with project financing?
Yes, we offer transaction advisory services including financial modeling, risk mitigation strategies, and lender relations management for infrastructure projects.
How do you handle regulatory challenges?
Our policy experts develop regulatory frameworks and institutional structures that create balanced environments for private infrastructure investment in developing countries.
What makes K&M different from other consultants?
Our unique combination of engineering expertise, financial acumen, and hands-on project development experience across 90+ countries creates unmatched value for clients.
