was founded to bridge the gap between
engineering technology and project development.
K&M is an internationally recognized finance and engineering advisory firm. Since its creation in 1987, K&M has advised private investors and governments on the development of power, water and telecommunications projects valued at over US$50 billion.
K&M is different from conventional advisory firms. K&M knows how to transform a project idea into an operational asset that has a positive developmental impact. K&M’s experience emerged from its work developing and acquiring power plants, in which K&M successfully invested its own capital. K&M’s advice is based on its exposure to and successful resolution of dilemmas similar to those faced by its clients. K&M understands why and how to design enabling policies and regulations such that these are effective at supporting the public interest, and at mobilizing private capital to develop sustainable infrastructure projects.
K&M has pioneered the use of Independent Power Producers (IPP). K&M advised on the feasibility, engineering, and procurement of the first IPPs in Pakistan, Jordan, Vietnam, Colombia and other countries. K&M established the internationally recognized standards of two project structures: Build-Own-Operate (BOO) and Build-Operate-Transfer (BOT) and popularized the use of credit enhancement mechanisms, such as partial risk guarantees, for improving the bankability of IPPs in emerging markets.
K&M is a wholly owned subsidiary of The Dorado Group LLC—a privately held company that specializes in the development, investment and ownership of clean and reliable power generation projects. Dorado Partners LLC offers full development and asset management services, primarily in the energy and infrastructure sectors. The Dorado Group also invests venture capital directly in businesses and projects that need early stage capital and have a business plan management team.