What Mafic Partners does

Mafic Partners is a New Zealand-based infrastructure and energy advisory firm headquartered in Auckland (Level 21, Vero Tower, 48 Shortland Street), operating as a private limited partnership with approximately 18-20 professionals. The firm is led by Managing Partner Duncan Olde alongside partners Louise Marsden, Tim Walker, and Vincent Bennett, and offers four core service lines: Financial and Commercial Advisory, Capital Arranging (debt and equity raising, including green finance), Project Development (renewable energy and energy efficiency projects), and Asset Acquisition and Divestment advisory for the infrastructure and energy sector. The firm has been involved in all major New Zealand government infrastructure funding and financing initiatives for the last 15 years.

The firm's client base is concentrated among New Zealand government entities (Crown Infrastructure Partners, Auckland Council, Christchurch City Holdings, NZ Transport Agency, Watercare), infrastructure and energy developers/owners (Aquila Capital, NX2 Limited Partnership, Meridian, Genesis, Contact Energy), and large corporates with infrastructure or sustainability mandates (The Warehouse Group, Amber Infrastructure). Notable transaction mandates include raising approximately $450M under the Infrastructure Funding and Financing Act 2020 for the Wellington Moa Point Sludge Minimisation Facility, ~$250M in project financing for the Aquila and Far North Solar Farms, debt advisory on the Pūhoi to Warkworth PPP refinancing, the strategic review of CCHL's Lyttelton Port and Orion assets with KPMG, and a solar procurement strategy for The Warehouse Group.

Mafic operates a sales-led, relationship-driven go-to-market model in a single domestic (New Zealand) geography, with no disclosed pricing, no proprietary technology, and no external funding. Revenue is generated through professional advisory fees on a per-engagement, negotiated basis, with deal-related retainers for capital arranging and project financing. The firm is privately held with no disclosed parent, no subsidiaries, and no awards or patents listed; value is delivered almost entirely through senior practitioner expertise and long-standing relationships with government, debt and equity investors in the NZ infrastructure market.

Name

Mafic Partners

Legal name

Mafic Partners Limited

Website

https://mafic.co.nz

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Mafic Partners is a New Zealand infrastructure and energy advisory firm that delivers financial advisory, capital arranging, project development, and asset transaction services to government entities, infrastructure developers, and corporate clients across NZ.

Ownership category

akta.pro rank

Product category

Infrastructure & Energy Advisory Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282), Loan Brokers (6163)

akta.pro primary industry

Strategic Partnerships, Alliances & JVs Advisory (BPAHADAI)

akta.pro secondary industries

Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory (BPAJANAL), Infrastructure & Public Works (Transport, Social, PPP) (FSABACAI)

Keywords

• Infrastructure advisory
• Project financing advisory
• Capital arranging services
• Energy advisory
• Asset acquisition advisory

Headquarters

HQ city

Auckland

HQ country

New Zealand

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Advisory Services: Professional advisory fees for financial and commercial advisory, capital arranging, project development, and asset acquisition/divestment services for infrastructure and energy projects in New Zealand.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Mafic Partners is an infrastructure and energy advisory firm delivering financial and commercial advisory, capital arranging, project development, and asset acquisition and divestment services for major New Zealand infrastructure and energy projects. The firm provides tailored engagement-based advisory to government entities, infrastructure developers, and corporate clients, supported by deep analytical and financial modelling capability. Services cover the full transaction lifecycle from structuring and negotiation through to capital raising, refinancing, and strategic portfolio reviews.

Product overview

Mafic Partners is an infrastructure and energy advisory firm offering four core service lines: Financial and Commercial Advisory, Capital Arranging, Project Development, and Asset Acquisition and Divestment. These services are delivered through tailored project engagements including CCHL Investment Evaluation, Amber Infrastructure Advisory, The Warehouse Group Solar program, Aquila & Far North Solar Farms Project Financing, Wellington Sludge Minimisation funding, and Pūhoi to Warkworth PPP Refinancing.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial and Commercial Advisory
• Capital Arranging
• Project Development
• Asset Acquisition and Divestment
• CCHL Investment Evaluation
• Amber Infrastructure Advisory
• The Warehouse Group Solar
• Aquila & Far North Solar Farms Project Financing
• Wellington Sludge Minimisation Funding
• Pūhoi to Warkworth PPP Refinancing

Quantifiable outcome

• ~$450m raised under IFFA for Wellington City Council
• +2 more outcomes

Named customers9 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 and minor.

• KPMGcoreImplementation/ SI/ Consulting PartnerMafic partnered with KPMG to conduct a strategic review of Christchurch City Holdings Limited (CCHL) portfolio assets, with Mafic responsible for strategic review of Lyttelton Port and Orion assets.
• Aquila CapitalcoreStrategic or Co-development PartnerMafic acts for Aquila Capital in relation to project financing of New Zealand solar projects, including development of a 1GW solar pipeline.
• Far North Solar FarmscoreStrategic or Co-development PartnerMafic provides project financing advisory for Far North Solar Farms alongside Aquila Capital for multiple solar projects.
• Amber InfrastructurecoreStrategic or Co-development PartnerMafic managed Amber Infrastructure's response to acquisition of operating social infrastructure assets portfolio, leading valuation workstream and bid submissions.
• Crown Infrastructure PartnerscoreStrategic or Co-development PartnerCIP mandated Mafic for various infrastructure funding and financing initiatives, including Wellington sludge minimisation facility funding.
• NX2 Limited PartnershipcoreStrategic or Co-development PartnerMafic acted as Debt Advisor to NX2 for refinancing the Pūhoi to Warkworth PPP senior debt facilities.
• The Warehouse GroupcoreStrategic or Co-development PartnerMafic has worked with The Warehouse Group since 2020 to develop solar procurement strategy including rooftop PPA and grid supply agreements.
• Christchurch City Holdings LimitedcoreStrategic or Co-development PartnerMafic partnered with KPMG to conduct strategic review of CCHL portfolio assets including Lyttelton Port and Orion.
• AberdeenminorOthersInfrastructure sector partner listed on website.
• AccionaminorOthersInfrastructure sector partner listed on website.
• ACCminorOthersGovernment sector partner/client.
• AMP CapitalminorOthersInfrastructure investment sector partner.
• Auckland CouncilminorOthersLocal government sector partner.
• Contact EnergyminorOthersEnergy sector partner listed on website.
• GenesisminorOthersEnergy sector partner listed on website.
• MeridianminorOthersEnergy sector partner listed on website.
• KiwiRailminorOthersInfrastructure sector partner listed on website.
• Kiwi PropertyminorOthersProperty sector partner listed on website.
• NZ Transport AgencyminorOthersGovernment infrastructure agency partner.
• WatercareminorOthersWater infrastructure utility partner.
• MorrisonminorOthersProfessional services partner listed on website.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Others

• Bell Gully: Leading NZ commercial law firm with deep infrastructure, energy, and PPP practices. Adjacent participant rather than direct competitor — frequently engaged alongside Mafic-style financial advisors on NZ infrastructure financings.

Broad incumbents

• Deloitte New Zealand: Big 4 firm providing corporate finance advisory and infrastructure consulting in NZ. Competes on infrastructure and energy advisory mandates and offers broader services beyond Mafic's specialist focus.
• Lazard: Global independent advisory firm with a strong infrastructure and energy M&A practice. Comparable for cross-border and large-cap infrastructure M&A mandates, though Mafic serves a more regionally focused, NZ-specific deal set.
• Bain & Company: Global strategy consultancy with dedicated infrastructure and energy practices advising on commercial advisory and capital strategy. Comparable on advisory content and analytical depth for major infrastructure clients, though operating at much larger scale.
• PwC New Zealand: Big 4 advisory firm with infrastructure, energy, and government practices. Competes for the same PPP, IFFA, and corporate-renewables mandates as Mafic, with greater scale and brand recognition but less specialist focus.
• EY New Zealand: Big 4 firm with infrastructure advisory and transaction support across NZ. Competes for government, transport, and energy mandates; broader portfolio but overlapping capability on M&A and capital-raising engagements.
• KPMG New Zealand: Big 4 firm with a significant infrastructure and government advisory practice in NZ; competes for large public-sector mandates and has partnered with Mafic on CCHL — broad incumbent with deeper bench but less boutique specialization.

Direct peers

• Cameron Partners: New Zealand boutique corporate advisory firm offering M&A, capital raising, and strategic advisory. Closest direct competitor in the NZ mid-market advisory space where Mafic operates, with overlapping public-sector and infrastructure mandates.
• Jarden: New Zealand-headquartered investment and advisory business with deep coverage of capital markets, M&A, and infrastructure-related transactions. Directly comparable as a NZ-based full-service advisory peer pursuing similar infrastructure and energy mandates.
• Castalia Advisors: Infrastructure-focused advisory firm with NZ/Australian heritage covering project finance, PPPs, and economic regulation. Closest international pure-play infrastructure advisory peer in terms of mandate type, customer base, and analytical approach.

Market position

Strengths1 record

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mafic-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 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 Mafic Partners