Michael Kappaz founded K&M in 1987 to share his vision for mobilizing private capital to infrastructure projects.

From its inception, K&M set a new precedent in infrastructure development by creating new financial architectures, credit enhancing mechanisms and enabling institutional and legal frameworks. K&M quickly established itself as a leader in IPP development for its own account in addition to private companies and governments around the world.

Some examples of K&M’s trend-setting projects over its 34 years of existence include:

  • Developing and financing the first non-recourse privately financed project in Latin America
  • Leading the first major competitively-bid power project in Sub-Saharan Africa to receive international commercial bank financing
  • Advising the development of the first IPPs in Colombia, Jordan, Vietnam and Pakistan

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