Recruiting/case study tips for Brookfield Infra in London

I've a 2-hour case study with the infra team in London this week and was wondering if anyone could lend a hand with insights on what the case study might involve. It's for a capital markets role; I've been told the focus is "more on how I'd approach financing than modelling", but trying to do DD to prep. Any help greatly appreciated. 

4 Comments
 

Most of these are less about perfect models and more about how you think through the financing a project (renewables, transport, data centre etc) they give you some high-level numbers / structure
ask how you’d finance it (debt/equity mix, instruments, key risks, what lenders would care about, how you’d approach the process)
They usually want to see clear structure thinking
understanding of what makes infra finance different (long-term contracts, construction risk, offtake, etc.)

 

For a capital markets role with Brookfield Infrastructure in London, focusing on financing rather than modeling, here are some key tips and insights based on the most helpful WSO content:

1. Understand Infrastructure Financing Basics

  • Be prepared to discuss debt structuring and financing strategies. For example:
    • Sculpting long-term debt to contracted cash flows with a DSCR (Debt Service Coverage Ratio) of 1.30x.
    • Refinancing construction facilities with long-term debt.
  • Familiarize yourself with gearing ratios (e.g., 70% gearing for construction facilities) and how they impact financing decisions.

2. Case Study Approach

  • Focus on how you approach the problem rather than just the technical details. This includes:
    • Structuring your thought process clearly.
    • Identifying key financing challenges and proposing solutions.
    • Considering sensitivities and risks (e.g., interest rate changes, default risks).
  • If the case involves an operating asset, think about post-tax levered returns and how to back into equity valuation based on return requirements.

3. Key Areas to Prepare

  • Debt Maturity Profiles: Understand when refinancing might be needed and whether it could act as a catalyst.
  • Credit Metrics: Be ready to discuss metrics like ND/EBITDAR, FFO/net debt, and RCF/net debt.
  • Sustainable Debt Levels: Estimate the sustainable level of debt based on cash available for debt service (CADS).

4. Presentation Skills

  • Clearly articulate your recommendations and back them up with logical reasoning.
  • Avoid getting stuck on guiding questions—state your conclusion early and support it throughout.

5. Additional Tips

  • Review Value for Money analysis and P3 shadow bid models if relevant, as these are common in infrastructure financing.
  • Be prepared to discuss macroeconomic drivers and their impact on infrastructure assets, especially in sectors like transportation or renewables.

By focusing on these areas, you'll demonstrate a strong understanding of infrastructure financing and a structured approach to problem-solving. Good luck!

Sources: Distressed publicly traded credit - case study help needed!, Interviewing For Infrastructure Investment Roles, How to prepare for an assessment center?, Q&A - Infrastructure PE & IBD

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Eveniet repellat cupiditate sequi sed soluta autem iste. Tempore sed dolorem totam minima perspiciatis labore molestiae. Placeat voluptatibus et eius voluptates repudiandae et. Labore eius et quia laudantium possimus et voluptate. Voluptas repellat voluptates recusandae et aut ut.

Architecto eum reiciendis provident. Minima necessitatibus omnis placeat ut sapiente et magnam sit. Labore perspiciatis est magni.

vcp
 

Ullam inventore voluptates soluta ducimus velit perspiciatis sint. Est fugiat itaque aliquam. Omnis fugiat vero totam quibusdam animi eos eaque. Qui aut rerum soluta nisi provident quae quidem.

Eos atque omnis omnis aliquid. Quisquam et sed dolore consequuntur animi. Minima et molestias omnis temporibus.

Sit harum accusamus quod amet voluptatem ut fugiat. Voluptatem vel voluptates amet autem. Officia perferendis qui veniam et dolores quia eum. Odit qui enim laborum sit rerum voluptatem modi. Possimus minima nam nulla quasi mollitia. Ex dolorem perferendis et necessitatibus adipisci ut est.

Molestiae laboriosam iusto libero porro consequuntur voluptatum. Recusandae ut enim est est ipsum. Aliquam aut quos sit corporis voluptatem sint. Vitae illo iure vel distinctio dolore. Porro et ullam ea incidunt fuga et consequatur. Earum inventore porro odit et quia. Labore blanditiis accusantium reiciendis accusamus earum sapiente.

[Comment removed by mod team]

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”