Involvement of CFI:
Completed financial analysis of business plans; assessed proponents industry background during due diligence; reviewed independent consultants reports; worked directly with project proponents to determine suitable financing and ownership structure, resulting in the formation of a new capital group Peter Kiewit Hydro Investors. Reviewed/confirmed construction budgetary process with engineering firm during course of construction. Status of Project: Construction financing now converted to term financing. Note that project was subsequently purchased by Pacific Northern Gas, which is an energy distribution, supply and service company.