CAPEX Advisors Oy

CAPEX Advisors is an advisory firm specializing in the development and financing of investment projects

We work with all parties of the investment projects we are involved in: private and public sectors, investors and financiers. This approach enables us to build competences from various viewpoints and give the best advice to our clients.

Our team has totally over 40 years and several billion euros of experience in development and procurement of investment projects mainly in social and economic infrastructure.

We assist our clients in the development of an overall best implementation model for the realisation and financing of an investment project. Our way of working combines project characteristics and long term goals with local possibilities in the construction- and financing industries.

• Feasibility Studies and due diligence of service agreement-, PPP- and concession structures

• Financial assessment of a investment projects / PPPs (shadow bid and value-for-money-analysis)

• Project risk assessment and quantification / financing options analysis

• Risk transfer analysis and risk assessment.

• DBM and PPP projects including strategic partnerships.

• Funding and project finance, debt advisory

• Procurement process preparation and support of public sector in the bidding/evaluation process

• Project market dialogue/ marketing and roadshow

• Financial modeling at different stages of project preparation and lifecycle

• City of Espoo, School and day care center PPP project, grantor financial advisor and project leader

• Finnpulp Ltd, Biorefinery project financial modelling and project finance advisory

• Griffin Refineries Ltd, financial modelling and project finance advisory

• City of Tampere, Hiedanranta Aluekehitys Oy real estate development financial advisory

• City of Helsinki, Kielilukio high school design-build-maintain project procurement, Grantor project leader and financial advisor

• City of Helsinki, Stadin ammatti- ja aikuisopisto Myllypuro campus, building sector vocational school design-build-maintain project procurement, Grantor project leader and financial advisor

• City of Lahti, Renkomäki multi-purpose school design-build-maintain project procurement, Grantor project leader and financial advisor

Jon Forssell
Partner
jon.forssell@capexadvisors.fi
+358 50 435 4337

Jon has over 13 years of experience in designing and implementing investment projects and financing models. He has had the opportunity to develop models for financing and service production, risk management, and contract and procurement models in various projects.

Sakari Helanummi
Analyst
sakari.helalummi@capexadvisors.fi
+358 44 262 3520

Sakari Helanummi joined CAPEX Advisors’ team in 2021.

Sakari has graduated from the University of Oulu with a Master’s Degree in Finance. Before joining CAPEX Advisors, Sakari has worked at Neste and Outokumpu, accumulating strong expertise in the industrial field.

Sakari has experience in financial advisory, planning and modelling in infrastructure (e.g., transport & renewable energy), industrial, and real estate transactions. In addition, Sakari has gained experience in development of commercial optimization and risk management models in various real estate and infrastructure projects.

Education: Master of Business Administration, majoring in finance (University of Oulu 2022).

Riku Tolvanen
Managing Partner
riku.tolvanen@capexadvisors.fi
+358 50 577 2653

Riku has almost 20 years of experience in the planning, procurement, financing and project management of both private and public investment projects in and real estate and infrastructure projects

Tuomas Määttä
Partner
tuomas.maatta@capexadvisors.fi
+358 40 717 9748

Tuomas has been working for more than 10 years in the implementation of public and private investment projects and financial advisory services. Tuomas has focused in particular on advising public and private customers in social infrastructure and transport infrastructure and project finance related assignments. In addition to project lead roles, Tuomas has extensive experience in financial modeling of projects.

Pekka Neva
Partner
pekka.neva@capexadvisors.fi
+358 50 376 6062

Pekka joined CAPEX Advisors in 2019. He has over 7 years of experience in investment and financial advisory. Pekka has primarily focused on social infrastructure and real estate sector assignments. Pekka has extensive experience from financial planning and modelling, procurement as well as strategic real estate asset management advisory.

Niklas Rikala
Senior Analyst
niklas.rikala@capexadvisors.fi
+358 50 329 5797

Niklas Rikala joined CAPEX Advisors in 2018. Niklas graduated from the Aalto University School of Business with a Master’s Degree in Economics and Business Administration in 2020 and has also studied Real Estate Finance at one of America’s highest-ranking universities, the University of Michigan.

Before joining CAPEX Advisors Niklas worked at one of Finland’s leading pension insurance companies, Mutual Pension Insurance Company Elo (from 2017).

Niklas specializes in financial modelling and evaluating financing strategies.

Education: Master of Science (MSc) in Economics and Business Administration (2020), major Finance (Aalto University School of Business, Helsinki and University of Michigan Ross School of Business, Ann Arbor, USA).

Kimmo Niemi
Technical Director
kimmo.j.niemi@capexadvisors.fi
+358 40 648 6410

Kimmo joined CAPEX Advisors in 2020. He has an 20 year background in real estate and construction management and advisory. Kimmo is the most experienced technical advisor in social infrastructure partnership projects in Finland, with expertise in building design, construction as well as property management. Kimmo also has extensive experience from strategic real estate management, as a technical consultant as well as a technical director in a Finnish municipality.