Pakistan International Airlines – Privatisation

Buy side advisory to one of the bidders (consortium of Fly Jinnah & Air Arabia) for acquisition of majority stake & management control of PIA. While the transaction remains un-concluded and currently proceeding to a fresh bidding process.

Buy side advisory to one of the bidders

Sustainable Energy and Economic Development (SEED) – Tourism

Mandated for transaction advisory services for the development of three Integrated Tourism Zones in KP under PPP mode. Services include financial modeling, transaction structuring and procurement process. Transaction value is USD 150 million.

Mandated for transaction advisory services for the development

Rehabilitation and Development of Water Distribution System in Sukkur

Transaction advisory services for rehabilitation and development of water distribution system in Sukkur under PPP mode . Scope includes transaction preparation, bid management; and closure.

Transaction advisory services for rehabilitation

NED Science and Technology Park

Appointed by Enertech Parks, a subsidiary of Kuwait Investment Authority, as the transaction advisors for the development of Pakistan’s first fully integrated Science and Technology Park being undertaken by the Government of Sindh under PPP mode.

Appointed by Enertech Parks, a subsidiary

Sky47

Transaction advisory services to Mari Petroleum and Paramount for arrangement of debt of USD 200 million for establishing Tier III Data Centers. Scope included financial feasibility, IM, and raising debt.

Transaction advisory services to Mari Petroleum

Pakistan Services Limited

Financial Advisory to Pearl Continental Hotels, a chain owned, operated and franchised by Pakistan Services Limited. The mandate involves a detailed debt reprofiling of USD 30 million.

Financial Advisory to Pearl Continental Hotels,

Private Office of H.H. Sheikh Ahmed Dalmook Al Maktoum

Advised the Private Office of H.H. Sheikh Ahmed Dalmook Al Maktoum on the valuation of a container terminal at Karachi Port Trust (KPT). Services included the development of a detailed financial model and preparation of a comprehensive valuation report to support the transaction.

Advised the Private Office of H.H. Sheikh Ahmed Dalmook

Helios Power Private Limited – 50 MW Solar PV Project

Engaged to provide tariff true-up services at Commercial Operations Date (COD) for a 50 MW solar PV project in Sukkur, Sindh, developed by Scatec ASA (Norway). The assignment included preparing the COD-stage tariff petition and representing the project before NEPRA to secure final tariff determination.

Engaged to provide tariff true-up services at Commercial Operations Date (COD)

Container and Multi Cargo Bulk Terminal at Karachi Port Trust (KPT) – AD Ports Group

Provided advisory services for arrangement of debt for the expansion capex related to dredging, equipment procurement etc. Scope included transaction structure, fin model and debt arrangement of USD 140 million.

Provided advisory services for arrangement of debt

Water Treatment Plant 4 (Korangi & Landhi) Karachi- Asian Development Bank

Providing financial advisory services to ADB for Water Treatment Plant 4 of Karachi Water and Sewerage Board (KWSB) at Korangi and Landhi on PPP Mode. The transaction includes preparation of financial model and feasibility study.

Providing financial advisory services to ADB for Water

Water Treatment Plant 1 (SITE) Karachi

Providing financial advisory services to ADB for Water Treatment Plant 1 of Karachi Water and Sewerage Board (KWSB) at SITE on PPP Mode. The transaction includes preparation of financial model and feasibility study.

Providing financial advisory services to ADB for Water

Central Business District – Government of Punjab

Bridge Factor is providing ongoing advisory services to CBD Punjab for the development and commercialization of its flagship urban infrastructure projects. The scope of work includes: (i) designing optimal transaction structures aligned with market and regulatory dynamics; (ii) preparing standardized Request for Proposal (RFP) documents, including Joint Venture (JV) and Concession Agreements; and (iii) advising on risk mitigation strategies and defining the processes for effective transaction closure.

Bridge Factor is providing ongoing advisory services to CBD

HNDS Energy Private Limited – 50 MW Solar PV Project

Engaged to provide tariff true-up services at Commercial Operations Date (COD) for a 50 MW solar PV project in Sukkur, Sindh, developed by Scatec ASA (Norway). The assignment included preparing the COD-stage tariff petition and representing the project before NEPRA to secure final tariff determination.

Engaged to provide tariff true-up services at Commercial Operations

Meridian Energy Private Limited – 50 MW Solar PV Project

Engaged to provide tariff true-up services at Commercial Operations Date (COD) for a 50 MW solar PV project in Sukkur, Sindh, developed by Scatec ASA (Norway). The assignment included preparing the COD-stage tariff petition and representing the project before NEPRA to secure final tariff determination.

Engaged to provide tariff true-up services at Commercial Operations

Asscoiated Techologies Limited (ATL) – Telecom Towers

Sell-side advisory for an equity raise to expand ATL's telecom tower portfolio from approximately 1,000 to 2,250 towers. The engagement included conducting a thorough valuation exercise and developing a detailed financial model to support investor discussions and maximize capital raise outcomes.

Sell-side advisory for an equity raise to expand ATL's telecom

Tenaga Generasi Limited (TGL)

Acted as sell-side financial advisor to Dawood Lawrencepur Limited for the divestment of its 75% equity stake in Tenaga Generasi Limited (TGL), a 50 MW operational wind power project. Responsibilities included conducting a comprehensive valuation, preparing marketing materials, managing investor outreach, and overseeing the competitive bidding process through to final negotiations.

Acted as sell-side financial advisor to Dawood Lawrencepur

Abu Dhabi (AD) Ports Group

Provided advisory services to AD Ports Group for the Multipurpose Bulk Cargo Terminal project at Karachi Port Trust (KPT), valued at US$ 155 million. The scope included reviewing the financial model and concession agreement, preparing the financial proposal and transaction structure, and presenting the project to the KPT Board, relevant Ministry, and Cabinet Committee for approval.

Provided advisory services to AD Ports Group for the Multipurpose

Tesla Group

Mandated to raise debt and equity financing for the construction of a 4 GWh annual capacity Battery Energy Storage System (BESS) manufacturing facility in Romania—the first facility of its kind in Europe. Bridge Factor is actively engaging with leading international investors to secure approximately EUR 60 million in equity for the project.

Mandated to raise debt and equity financing for the construction

Paramount Ventures

Development of feasibility of a Tier III data center, identification of equity partners, investor memorandum and closure. The transaction successfully concluded by induction of Mari Energies as majority equity partner.

Development of feasibility of a Tier III data center,

Park One Tower – APCO Group

Arranged financing for “Park One Tower” in F-10 Islamabad, including development of the financial model and successful financial close. Ongoing project monitoring is being conducted.

Arranged financing for “Park One Tower” in F-10

Privatisation Commission – Heavy Electrical Complex

Bridge Factor acted as exclusive sell-side advisor to the Privatization Commission on the divestment of Heavy Electrical Complex (HEC), a 3,000 MVA power transformer manufacturer. Led end-to-end execution including financial and legal due diligence, investor marketing, transaction structuring, and competitive bidding. Delivered a successful outcome with a US$ 8 million sale to IMS Engineering.

Bridge Factor acted as exclusive sell-side advisor

All Pakistan Textile Mills Association (APTMA)

Bridge Factor was engaged to assist APTMA in exploring options to achieve a regionally competitive electricity price for Pakistan's textile sector under the upcoming Competitive Trading Bilateral Contract Market (CTBCM) framework.

Bridge Factor was engaged to assist APTMA in exploring options

Sindh Solar Energy Project – funded by the World Bank

Financial advisor to the Sindh Solar Energy Project, a World Bank-funded initiative to design and implement Pakistan’s first utility-scale (~400 MW) open-competitive auction-based solar PV project in Sindh. Bridge Factor led comprehensive techno-financial feasibility studies, structured and designed the competitive auction mechanism, and supported its successful implementation.

Financial advisor to the Sindh Solar Energy Project, a World Bank-funded

Privatisation Commission – First Women Bank Limited

Mandated to provide advisory services to the Privatization Commission, in collaboration with NBP, for the privatization of First Women Bank Limited. Services include due diligence, valuation, and sale support. The transaction is in an advanced stage under a Government-to-Government (G2G) framework.

Mandated to provide advisory services to the Privatization Commission

Helios Power Private Limited – 50 MW Solar PV Project

Engaged to provide tariff true-up services at Commercial Operations Date (COD) for a 50 MW solar PV project in Sukkur, Sindh, developed by Scatec ASA (Norway). The assignment included preparing the COD-stage tariff petition and representing the project before NEPRA to secure final tariff determination.

Engaged to provide tariff true-up services at Commercial Operations

Metito Group

Mandated by Metito Group to prepare the financial bid and arrange debt financing for the 100 MGD Karachi Hub Water Canal Project, being developed under Public-Private Partnership (PPP) mode in collaboration with the Government of Sindh.

Mandated by Metito Group to prepare the financial bid and arrange debt

HNDS Energy Private Limited – 50 MW Solar PV Project

Advised Scatec ASA (Norway) on its 50 MW solar PV project in Sukkur, Sindh. Scope included transaction structuring, tariff finalization, and negotiation of EPC and O&M contracts. Bridge Factor successfully arranged US$ 25 million in project financing, comprising US$ 12.5 million from FMO (Netherlands) and US$ 12.5 million from a local banking consortium.

Advised Scatec ASA (Norway) on its 50 MW solar PV

Sustainable Energy and Economic Development (SEED) – A UKAID program

As part of the Energy Component of the SEED program, implemented in association with Adam Smith International, Bridge Factor advised the Government of Khyber Pakhtunkhwa (GoKP) on the development of the 496 MW Lower Spat Gah Hydropower Project. Our mandate included supporting the finalization of the Memorandum of Understanding (MoU) and Term Sheet with Korea Hydro & Nuclear Power Company (KHNP) for project development under a Public-Private Partnership (PPP) framework.

As part of the Energy Component of the SEED program

Sustainable Energy and Economic Development (SEED) – Infrastructure – PDA

Mandated for transaction advisory services for the development of high end mixed used project in Peshawar under PPP mode. Services include financial modeling, transaction structuring and procurement process. Transaction value is USD 140 million.

Mandated for transaction advisory services

USAID – Power Sector Improvement Activity (PSIA)

Part of the team implementing USAID’s US$ 23.5 million Power Sector Improvement Activity. Developed a detailed, integrated financial model for Pakistan’s power and gas sectors, featuring dedicated modules for demand-supply projections and tariff analysis. Co-authored a strategic report recommending the transition of industrial captive gas-based generation to grid electricity to improve the financial sustainability of the national power system.

Part of the team implementing USAID’s US$ 23.5 million Power