Alternative Financing Structures, Including Public-Private Partnerships, Can Help Utilities Close Funding Gaps

OVERLAND PARK, Kan., Feb. 02, 2016 -- infraManagement Group (iMG), a Black & Veatch company, announced today that Francesca McCann, an expert in innovative financing structures and investment for the water industry, has been named iMG’s director of business development. iMG provides infrastructure management solutions to the water industry.

The water industry is under increasing pressure to manage its critical infrastructure with limited resources.  McCann’s work in developing public-private partnerships (P3s) will advance iMG’s goal of helping cities and water utilities overcome financing obstacles.

McCann was President of Global Water Strategies and CEO of Abengoa Water USA before coming to iMG. In 2014, she led Abengoa Water’s industry leading development of the Vista Ridge pipeline project. The project employs public-private partnership financing to bring water to supply-strained San Antonio, Texas.

“We understand the stress placed on utilities as they manage critical assets and sustain the effective delivery and treatment of water,” said Cindy Wallis-Lage, president of Black & Veatch’s global water business. “Francesca’s strengths in capital planning and alternative funding will drive solutions for our clients.”

McCann began her water career as a Wall Street analyst and has been a respected thought leader in the U.S. water sector for more than a decade. She is involved in federal policy initiatives aimed at supporting the P3 model in water and teaches MBA “The Future of Water” classes at The Wharton School at the University of Pennsylvania and the Kogod School of Business at American University.

“The P3 model is one of the leading trends in the U.S. water industry today and iMG is ahead of the curve,” McCann said. “Growth of innovative financing structures will help expand the sector and bring much-needed solutions for the public sector.”

Editor’s notes:

• A photo of McCann can be found here.
  
  

About Black & Veatch 
Black & Veatch is an employee-owned, global leader in building critical human infrastructure in Energy, Water, Telecommunications and Government Services. Since 1915, we have helped our clients improve the lives of people in over 100 countries through consulting, engineering, construction, operations and program management. Our revenues in 2014 were US$3 billion. Follow us on www.bv.com and in social media.

About infraManagement Group

The infraManagement Group (iMG) is a Black & Veatch company that provides sustainable asset management solutions for water infrastructure. We specialize in partnerships that provide the best value‐for‐money benefits to our clients and their stakeholders. Additional company information is available at www.inframanagementgroup.com.

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