14 Comments
 

mama_we_made_it

Why not BIWS. Should it be avoided?

BIWS has a tendency to waffle a lot when not required. 

It's good if you have a baseline understanding of the basics but NOT if you don't know the basics in the first place. 

 
Most Helpful

There’s no single, comprehensive “playbook” for infrastructure because it spans such a wide range of verticals, including energy transition, transportation, digital infrastructure, and O&G midstream. As a result, interviews can feel unpredictable: interviewers often drill into a specific subsector or market dynamic based on their own deal experience.

I personally rely on a few resources to stay current on market structure, capital flows, and sector-specific trends. (1) Infrastructure Investor is expensive, but it’s one of the best sources for understanding fundraising dynamics, LP appetite, valuation trends, and where capital is actually moving. (2) Pivot 180 is especially strong for renewable energy infrastructure modeling. Its modeling tools are the most comprehensive and complex ones. (3) Follow infrastructure funds like ArcLight Capital Partners, Antin Infrastructure Partners, and Stonepeak. Their deal announcements and investor materials often provide concise primers on specific assets and market rationales.

 

The BIWS "Project Finance & Infrastructure Modeling Course" is good if you're looking to get ahead. It goes through different infrastructure assets, debt sizing & sculpting, etc. The course is useful to get a basic understanding of how the modeling is different. Obviously, the specific infrastructure assets are modeled differently and it won't be as applicable to what you will see on the desk most likely. Additionally, the O&G 2.0 course is good if you're going to a team in Houston. 

 

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