2 Hour Modelling test for Infrastructure Role

Hi all- I have a 2 hour timed case study and modelling test coming up for an Analyst role at an Infrastructure Private Equity shop. Does anyone have tips on how to prepare?

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Would focus on building a one-statement CF model for an operating asset (toll road, wind farm, tower, etc.) down to Op CF and sculpting the debt. If you really wanna nail it, would also focus on adding some granularity on the tax side (NOL limitation, shareholder loans, etc.). For 2-hours, this seems about right assuming this is for an Infra-only shop. 

 

This is helpful. Do you have any sources where I can find practice models?

 

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