Amberside Advisors join global management consultancy, Steer

UK-based project finance advisory firm, Amberside Advisors, is delighted to announce their partnership with global management consultancy, Steer. Amberside joins Steer to enhance their financial advisory services and to add sector specialism advice in the renewable energy, transport and infrastructure sectors.

Steer is an employee-owned consultancy with 22 offices across North America, Latin America, UK, Europe and India. Since 1978, the firm has provided pioneering planning, design and advisory services to government and business – with a particular focus on projects that develop cities, infrastructure and transport.

For more than a decade, Amberside has supported the world’s leading developers, funds and public sector organisations to deliver world-changing infrastructure and low carbon projects. From working on projects such as one of the world’s largest greenfield biogas-to-grid sites, through to helping the UK public sector achieve its net zero ambitions via initiatives such as Heat Networks Investment Project (HNIP), Amberside has delivered projects that help to reduce our carbon impact and provide a sustainable infrastructure across the UK.

Amberside have delivered over 1,500 projects with project asset values totalling £14bn+ across 26 sectors and 30+ countries. Furthermore, they have worked on over half of the PFI/PPI projects in the UK and actively supported mandates that have provided over 10GW+ of renewable energy into the UK.

This new acquisition complements Steer’s global business consultancy offering, strengthening their already successful infrastructure finance team. Earlier this year, Steer retained its first-place position in Infradeal’s ‘total transport infrastructure transactions’, having acted as technical advisor for 28 deals that reached financial close in 2021, with a combined transaction value of USD 11.4 billion. This new partnership accelerates Steer’s continued global growth plans, ensuring clients receive an enhanced service offering that provides deep sector experience and intellectual capabilities of both organisations.

Richard Turner, Director Amberside Advisors, commented, “Amberside will continue to provide exceptional financial modelling and advisory services to all our clients in the infrastructure, low carbon and public sector markets, whilst now combining with Steer to offer our services to a global market."

Hugh Jones, CEO at Steer, says “We are delighted that Amberside Advisors are joining Steer, bringing world-class financial advisory expertise that spans energy, transport and low carbon solutions. Through our aligned values, expertise, and unwavering commitment to our clients I have every confidence that, together we will make a powerful impact on behalf of our clients. We look forward to welcoming our new colleagues and growing in partnership”.