Michael Ware

Partner

Michael specialises in:

• Corporate Finance
• Financial Modelling

And has sector experience in:

• Energy and Environment

Biography

Current role

Michael is a partner in BDO LLP’s Corporate Finance practice leading our infrastructure and renewables practice. He has experience across a range of sectors including, leisure, social care, waste management, power generation and various forms of renewable energy. He advises on deals ranging from £5m to £100m and to date the team have worked on over £500m of closed renewable energy transaction in the UK and Western Europe.

Experience

Michael Ware commenced his career working with the Audit Commission.  He has now has in excess of 15 years experience working and advising on infrastructure, PFI and renewable energy projects.

Recent transactions include:

• Lead advisor to Waste Recycling Group and HLC on the development of the Wrexham Waste PFI project
• Raised a credit facility of £75m for New Earth Solutions to develop semi-merchant waste facilities processing waste for Dorset and Kent County Councils
• Raised £40m finance for Europlasma to develop gasification and plasma technology for the treatment of municipal waste in France and UK
• Advising Parkwood on the disposal of portfolio of Leisure PFI projects
• Advice to Grosvenor on sale of their portfolio of seven Health PFI projects
• Advised One Housing Group on raising of funding for a property development
• Advised London Borough of Ealing on developing a £60m residential care project.
• Advised London Borough  of  Richmond  PFI developing a £50m residential care project
• Advised Closed Loop Recycling on a £25m fundraising
• Advised Monoworld on a £15m fundraising
• Advised Home Sun on a £20m solar energy project
• Advised AVR on the £120m development of a carbon fibre solar fund raising project in Poland
• Advised Aerothermal on a £12.5m innovative Anerobic Digestion project
• Advised B9 on a £20m Anerobic Digestion project

Michael leads BDO’s financial model development and financial model review practice.

Clients currently include:

• Macquarie
• Royal Bank of Scotland
• Barclays
• ACWA
• VT/Lockheed Martin JV 

Michael regularly writes for Public Finance publication commenting on public policy and financial issues:

It's not easy being green... (Jan 2013)

Public sector innovation: the creation myth (Jan 2013)

Franchise foul-up: the wrong model (Oct 2012)

Knowledge mismanagement (Oct 2012)

Heating subsidies: a slow burner (July 2012)

You can’t buck the market (June 2012)

Southern Discomfort (May 2012)

Bulls, bears and cash cows (May 2012)

Stop reinventing the wheel (Feb 2012)

The generation game (Feb 2012)

The deal dilemma (Dec 2011)

Meet your new best friend, the banker  (Dec 2011)

The Write Stuff  (Nov 2011)

PFI – the end of the affair? (Jul 2011)

Offshore Opportunity (May 2011)

Don’t bury good news (Apr 2011)

Hugh Grant vs government grants  (Mar 2011)

Another brick out of the wall  (Feb 2011)

Power to the people? (Sept 2011)

The Renewable Heat Incentive

Contact Details