INFRASTRUCTURE DUE DILIGENCE & COMMERCIAL ADVISORY

Independent evidence before infrastructure capital is committed.

FD Advisory Group helps project sponsors, owners, investors, boards and lenders test the technical, commercial, sustainability and delivery assumptions underpinning physical infrastructure projects and assets.

Our founder-led reviews identify material risks, expose unsupported assumptions and clarify what must be true for a project or asset to deliver its intended outcomes.

THE PROBLEM WE SOLVE

A credible investment case can still rest on weak assumptions.

Major infrastructure decisions often depend on information prepared by multiple advisers, developers, suppliers and delivery partners. Even when the overall opportunity is sound, inconsistencies between technical design, commercial modelling, contractual allocation and operational requirements can materially affect value. Common issues include:

Demand, load or growth assumptions that have not been independently tested
Technical scope that is incomplete or inconsistent with the commercial model
CAPEX, OPEX, lifecycle or replacement costs that are understated
Reliability, availability and operational constraints that are not properly valued
Supplier and developer proposals based on different assumptions
Procurement and contract structures that do not allocate risk effectively
Sustainability, carbon or certification claims that lack a practical delivery pathway
Project risks spread across multiple reports without a consolidated decision view
Limited internal capacity to independently challenge the management case

FD brings technical, commercial, sustainability and delivery evidence together so decision-makers can understand the asset, the assumptions and the conditions required for success.

WHO WE SUPPORT
Infrastructure project sponsors and investors
Asset owners, operators and developers
Boards and investment committees
Lenders and credit teams
Government agencies and authorities
Mining and industrial organisations
Data-centre owners and developers
Management teams preparing or challenging a project case
OUR CAPABILITIES

Reviewed together, not in silos.

Technical and asset due diligence

  • Independent technical review
  • Technology and design assessment
  • Capacity, performance and reliability review
  • Condition and lifecycle considerations
  • Development status and delivery-readiness assessment
  • Grid, utility and supporting-infrastructure review
  • Interface and dependency analysis
  • Independent Owner’s Engineer support

Commercial and contract review

  • Commercial-model review
  • CAPEX, OPEX and lifecycle-cost assessment
  • Contract structure and risk-allocation review
  • EPC, IPP and power-purchase-agreement assessment
  • Procurement strategy and market approach
  • Supplier and developer proposal evaluation
  • Owner’s requirements and scope review
  • Commercial assumptions and sensitivity testing

Sustainability and decarbonisation diligence

  • Sustainability strategy and target review
  • Decarbonisation pathway assessment
  • Green Star and Infrastructure Sustainability requirements
  • Operational and embodied carbon
  • Building-performance and energy-efficiency assumptions
  • Sustainable procurement requirements
  • Rating, evidence and compliance risk
  • Alignment of commitments and delivery plans

Project and business-case challenge

  • Strategic rationale and project fit
  • Assumption and evidence-quality review
  • Base, upside and downside scenarios
  • Risk-adjusted options analysis
  • Schedule and delivery-pathway review
  • Funding and approval-condition assessment
  • Management-case challenge
  • Independent decision recommendations

Procurement and transaction readiness

  • Information and evidence readiness
  • Technical schedules and procurement documentation
  • Data-room review and gap identification
  • Tender and evaluation strategy
  • Clarification and negotiation support
  • Conditions precedent and approval requirements
  • Contract-interface and delivery-risk review
  • Decision and governance documentation

Value protection and delivery priorities

  • Material risk register and mitigations
  • Immediate value-protection priorities
  • Project-development roadmap
  • Procurement and contracting priorities
  • Operational-improvement opportunities
  • Post-decision assurance requirements
  • Governance and reporting recommendations
  • Staged implementation planning
INTEGRATED FOUNDER EXPERTISE

Technical, commercial and sustainability risks reviewed together.

Infrastructure decisions rarely fail for only one reason. Technical design, commercial structure, sustainability requirements, procurement and delivery risk are interconnected. FD’s two founders bring complementary perspectives to each engagement, providing an integrated view of the asset rather than separate reports that leave the client to reconcile conflicting conclusions.

Om Dolasia

Co-Founder & Director | Principal Energy & Infrastructure Adviser

Om leads technical, commercial and infrastructure workstreams. He assesses whether the proposed infrastructure is technically credible, commercially sound and capable of being procured and delivered as intended.

Camila Fonseca Mazzo

Founder & Director | Principal Sustainability Consultant

Camila leads sustainability, certification, building-performance and compliance workstreams, testing whether sustainability commitments are measurable, appropriately scoped and supported by a credible evidence and delivery pathway.

THE FD DECISION PACKAGE

A clear and defensible basis for decision-making.

01
Decision question and strategic fit

What decision is being made, what outcomes are required and how the project or asset supports the organisation’s strategy.

02
Technical and commercial findings

The current position, material gaps and the implications for cost, performance, reliability and delivery.

03
Sustainability and compliance findings

The credibility of sustainability targets, rating pathways, carbon assumptions and evidence requirements.

04
Assumptions and evidence quality

The assumptions driving the case, the evidence supporting them and the level of confidence that can reasonably be placed on each.

05
Scenario and sensitivity analysis

How the outcome changes when key cost, performance, schedule, demand or operating assumptions move.

06
Consolidated risk register

Material technical, commercial, sustainability, contractual and delivery risks, including ownership and proposed mitigation.

07
Approval conditions

The matters that should be resolved, verified or contractually protected before the organisation proceeds.

08
Value-protection priorities

The actions required during the next stage to preserve value, reduce exposure and maintain decision discipline.

DEFINED SCOPE AND LIMITATIONS

FD provides engineering, technical, commercial and sustainability advisory services relating to physical infrastructure projects and assets. FD does not guarantee project performance or investment returns. Unless separately authorised and expressly engaged to do so, FD does not provide financial-product, legal, taxation or accounting advice; deal in financial products; arrange investments; or recommend the acquisition or disposal of securities or other financial products. Clients should obtain appropriately licensed financial, legal, taxation and accounting advice where required.

Testing an infrastructure or project case?

Engaging FD before capital is committed allows material assumptions, evidence gaps and delivery risks to be identified while there is still time to address them.

Request a Diligence Review