Infrasia Capital

What Infrasia Capital does

Infrasia Capital Ltd is a London-headquartered boutique advisory firm founded in 2023 by Odilbek Isakov, a former Deputy Minister of Finance of Uzbekistan and 12-year HSBC veteran, and Nodir Nuritdinov, a former head of the PPP Development Agency under the Uzbek Ministry of Finance. The firm provides strategic advisory, project and corporate finance, and end-to-end Public-Private Partnership (PPP) structuring services for infrastructure projects in Uzbekistan and other Central Asian and frontier markets. Sector coverage spans education (schools and pre-schools), healthcare facilities, student accommodations, water and irrigation infrastructure (pumping stations), transport (motorways, tunnels, bridges, airports), and utilities (district heating, water treatment, solid waste management). The firm positions itself as the gateway for international infrastructure sponsors, lenders, and multilateral institutions to access Uzbekistan's PPP pipeline, with service delivery grounded in the founders' authorship of Uzbekistan's PPP legal framework (the 2019 PPP Law, Cabinet of Ministers Resolutions 259 and 509, and the Capital Markets Law) and their USD 12.5bn+ cumulative transactional track record.

Infrasia Capital is not a technology company. It does not develop or sell software products, platforms, or APIs; its deliverable is bespoke advisory and project-finance advisory engagements. The firm's primary "product" is its deal team — four named core consultants (CEO, COO, Chief Consultant, Lead Consultant) plus three additional staff — and the institutional relationships that flow from the founders' prior ministerial careers. All eight or more named IFI and bank relationships (EBRD, ADB, IFC, AIIB, AFD, Citi, JP Morgan, ICBC, MUFG, Standard Chartered) and infrastructure-sponsor relationships (Meridiam, Veolia, Bouygues, EDF, Rönesans, Metito, Sojitz, ÇALIK, Alarko, ERG, Kanimed) function as both distribution channels and partnership stack.

The business model is project-based professional services. Revenue is generated through advisory fees — typically retainers and/or success-based transaction fees — on individual PPP mandates, with pricing negotiated on a project-by-project basis and not publicly disclosed. The go-to-market is relationship-driven rather than product-led: the firm originates mandates through direct engagement with government ministries, IFI-led investor missions (e.g., the EBRD-facilitated Turkey-Uzbekistan investor mission), PPP roundtables co-organised with the Ministry of Economy and Finance and IFC, and thought-leadership participation at events such as the EBRD Annual Meeting, AIIB Annual Meeting, Global Water Summit, DZ Bank Pre-COP Summit, and EUROUZ Annual Business Meetings. Geographic reach today is concentrated on Uzbekistan, with the firm's website signalling intent to extend into additional frontier markets in Central Asia.

Name

Infrasia Capital

Legal name

Infrasia Capital Ltd

Website

https://infrasia.co.uk

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Infrasia Capital is a London-based boutique advisory firm founded in 2023 that structures and originates Public-Private Partnership (PPP) infrastructure mandates in Uzbekistan and frontier markets, advising government ministries, multilateral lenders, and international infrastructure sponsors.

Ownership category

akta.pro rank

Product category

Infrastructure Advisory Services

NAICS

Executive, Legislative, and Other General Government Support (9211), Public Finance Activities (92113)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Infrastructure & Project Finance Advisory (BPAHADAO)

akta.pro secondary industries

Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory (BPAJANAL), Project Finance Capital Raising Intermediation (FSAEALAJ), Infrastructure & Public Works (Transport, Social, PPP) (FSABACAI)

Keywords

• PPP advisory services
• Infrastructure project finance
• Strategic advisory
• Frontier market advisory
• Project structuring

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Advisory and Consulting Fees: Infrasia Capital generates revenue through advisory fees charged for its PPP project origination, structuring, and strategic advisory services. The firm advises infrastructure project sponsors on structuring bankable PPP projects, navigating regulatory frameworks, and coordinating with government counterparts. Revenue appears to be project-based consulting/professional services, typical of advisory boutiques.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Infrasia Capital is a boutique advisory firm that originates and leads Public-Private Partnership (PPP) infrastructure projects in Uzbekistan and frontier markets. Its core services cover strategic advisory on infrastructure investments, end-to-end PPP advisory (structuring, preparation, procurement, transaction execution), and corporate finance support, delivered to private sector infrastructure sponsors, government ministries, and international financial institutions. Sector-specific mandates span schools and pre-schools, healthcare facilities, student accommodations, pumping stations, transport infrastructure (motorways, tunnels, bridges, airports), and urban utilities (district heating, water treatment, solid waste management).

Product overview

Infrasia Capital is an advisory firm providing strategic advisory, infrastructure investments, PPP advisory, and corporate finance services for Uzbekistan and frontier markets. The firm operates as a unified advisory practice rather than a software platform, offering sector-specific services across education (schools & pre-schools), healthcare facilities, student accommodations, pumping stations, transport infrastructure, and utilities. The company does not offer software products or modules but rather professional advisory services led by former government officials with expertise in regulatory frameworks and project finance.

Differentiator

Problem solved

Functional benefit

Products and services

• Strategic Advisory Services
• PPP Advisory Services
• Schools & Pre-Schools Infrastructure Advisory
• Healthcare Facilities Infrastructure Advisory
• Student Accommodations Advisory
• Pumping Stations Advisory
• Transport Infrastructure Advisory
• Utilities Infrastructure Advisory

Quantifiable outcome

• Over USD 12.5bn in transactional track record for the firm's principals
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

21 partnerships are on record, tiered core.

• Ministry of Economy and Finance of the Republic of UzbekistancoreOthersThe Ministry of Economy and Finance is the primary government counterpart for PPP policy and project development. Infrasia Capital's Founders previously held senior roles in this ministry and continue to work closely with it on PPP project structuring.
• Ministry of Health of the Republic of UzbekistancoreOthersThe Ministry of Health is a key government partner for healthcare PPP projects. Infrasia Capital has facilitated meetings between the Ministry and infrastructure sponsors including Sojitz and Rönesans.
• Ministry of Water Resources of the Republic of UzbekistancoreOthersThe Ministry of Water Resources is a key government partner for water infrastructure and pumping station PPP projects.
• Ministry of Construction and Housing and Communal Services of the Republic of UzbekistancoreOthersListed as a Government Partner on Infrasia Capital's website, working on utility and infrastructure PPP projects.
• Ministry of Transportation of the Republic of UzbekistancoreOthersThe Ministry of Transportation is a key government partner for transport infrastructure PPP projects (motorways, tunnels, bridges, airports). Infrasia Capital facilitated meetings between the Ministry and Sojitz/Rönesans.
• Ministry of Higher Education, Science and Innovation of the Republic of UzbekistancoreOthersGovernment partner for student accommodation PPP projects and higher education infrastructure.
• Ministry of Preschool and School Education of the Republic of UzbekistancoreOthersGovernment partner for schools and pre-schools PPP projects under Uzbekistan's Strategy-2030 (target of 100 school PPP agreements per year from 2024).
• Tashkent City MunicipalitycoreOthersTashkent City Municipality is listed as a Government Partner for municipal infrastructure PPP projects.
• The Committee for RoadscoreOthersListed as a Government Partner for road infrastructure PPP projects.
• National Agency for Social ProtectioncoreOthersListed as a Government Partner for social infrastructure PPP projects.
• MeridiamcoreStrategic or Co-development PartnerMeridiam is a leading global infrastructure fund and Sponsor Partner of Infrasia Capital. The firm participated in the EBRD Annual Meeting panel alongside Meridiam's CEO Thierry Deau and is active in Uzbekistan's PPP market.
• Metito Utilities LimitedcoreStrategic or Co-development PartnerMetito is a global utilities infrastructure developer listed as a Sponsor Partner of Infrasia Capital. Metito participated in the Uzbekistan PPP Roundtable alongside Infrasia Capital.
• Rönesans HoldingcoreStrategic or Co-development PartnerRönesans is a major Turkish construction and infrastructure group and Sponsor Partner of Infrasia Capital. Rönesans participated alongside Sojitz and Infrasia Capital in meetings with four Uzbek ministries on potential PPP projects. Rönesans has experience with the largest PPP in Turkey (İstanbul Başakşehir Integrated Health Campus with 2,682 beds).
• VeoliacoreStrategic or Co-development PartnerVeolia is a global environmental services company and Sponsor Partner of Infrasia Capital. Veolia's Central and Eastern Europe Director participated in the Uzbekistan PPP Roundtable discussion.
• BouyguescoreStrategic or Co-development PartnerBouygues is a major French construction and infrastructure group listed as a Sponsor Partner of Infrasia Capital.
• EDF EnergycoreStrategic or Co-development PartnerEDF Energy is listed as a Sponsor Partner of Infrasia Capital, indicating involvement in energy infrastructure PPP projects in Uzbekistan.
• ÇALIK HoldingcoreStrategic or Co-development PartnerÇALIK Holding is a Turkish conglomerate and Sponsor Partner of Infrasia Capital, engaged in infrastructure projects including those discussed during the Turkey-Uzbekistan investor mission facilitated by Infrasia Capital and EBRD.
• Kanimed HealthcarecoreStrategic or Co-development PartnerKanimed Healthcare is listed as a Sponsor Partner of Infrasia Capital, indicating involvement in healthcare PPP projects.
• Alarko HoldingcoreStrategic or Co-development PartnerAlarko Holding is a Turkish conglomerate listed as a Sponsor Partner of Infrasia Capital, engaged in infrastructure projects discussed during the Turkey-Uzbekistan investor mission.
• ERG GroupcoreStrategic or Co-development PartnerERG Group is listed as a Sponsor Partner of Infrasia Capital.
• EUROUZ (Europe-Uzbekistan Association for Economic Cooperation)coreGTM or Marketing PartnerInfrasia Capital joined EUROUZ as a member in January 2025. EUROUZ organizes the annual Europe-Uzbekistan Business Meetings and provides a networking platform connecting European companies and investors with Uzbekistan. Infrasia Capital's CEO participated as a panellist at EUROUZ's 2023 Annual Business Meetings in Brussels.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/infrasia-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Infrasia Capital