The p3point Team is led by President and Founder, Michael Palmieri
Michael is a globally experienced senior finance executive in P3/PPP Infrastructure Projects, including Power, Water, Infrastructure, Transportation, District Energy and Private Equity. He leads p3point's efforts to help our clients develop strategies, evaluate project feasibility, manage their procurements, grow their businesses/markets, originate and close investment opportunities and help find ways to contribute significantly to efficiency, affordability and profits. His experience includes:
- Comprehensive and deep experience in power and water utilities and projects, including renewable (wind, hydro, solar, biomass, WTE, geothermal), conventional (gas, coal), water/wastewater (desal, transport, bottled), transportation (light rail, airports, roads), social infrastructure (government buildings), P3/PPPs and concessions, equity investment, project finance and procurement on over 250 deals totaling over $40 billion in 45 countries, with a passion for and successful track record in origination and deal-making backed with expert structuring and negotiating skills, and a team-building personality and leadership character
- Successfully led and closed private equity investments in 19 companies (15 power, 4 water) in 11 countries totaling $369 million, team member for 9 additional private equity deals for a total of $554 million equity invested at an average 19% IRR and 2.2x cash return in deals totaling over $7 billion of financing
- Raised $625 million of private equity fund capital for 6 different funds
- Structured and closed 16 U.S. public-power and water-utility bond deals totaling $1.25 billion
- Led 21 major infrastructure project procurements totaling $13 billion in new assets, participated in an additional 52 infrastructure procurements totaling an additional $28 billion in new assets for a total of 73 procurements for over $40 billion of new-asset procurements
- Deep long-term U.S. and global relationships with private equity funds, institutional investors, banks, project developers/sponsors, government authorities and advisors (financial, legal, technical, environmental, other specialists) through thousands of contacts