Red River Valley Alliance
- Company typePrivate
- Founded2021
- HeadquartersFargo, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Red River Valley Alliance firmographics
Firmographics- Name
- Red River Valley Alliance
- Legal name
- Red River Valley Alliance
- Website
- https://rrvafm.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Red River Valley Alliance industry classification
Industry- Product category
- Flood Protection Infrastructure
- NAICS
- Water and Sewer Line and Related Structures Construction (23711), Highway, Street, and Bridge Construction (23731)
- SIC
- Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Heavy Construction Other Than Bldg Const - Contractors (1600)
- akta.pro primary industry
- Stormwater & Drainage Infrastructure Construction (Sewer, Detention, Outfalls) (IMAFAGAF)
- akta.pro secondary industry
- Culverts, Bridges & Cross-Drainage Structures (Hydraulic Capacity & Rehabilitation) (EUANAEAC)
Keywords
Where Red River Valley Alliance is headquartered
LocationHeadquarters
- HQ city
- Fargo
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Red River Valley Alliance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Availability Payments from MFDA: RRVA was formed by ACCIONA, Shikun & Binui USA, and North American Construction Group to develop, design, construct, operate, and maintain the stormwater diversion channel portion of the Fargo-Moorhead Area Diversion project for 30 years. Once substantial completion is achieved (spring 2027), MFDA will make regular availability payments to the consortium. The P3 delivery model enabled completion for $330 million less and 10 years earlier than traditional design-bid-build.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Red River Valley Alliance product offering
Product offeringCore offering
Red River Valley Alliance develops, designs, constructs, operates, and maintains the Fargo-Moorhead Area Diversion project under a 30-year public-private partnership. The core deliverable is a 30-mile stormwater diversion channel with associated infrastructure including bridges, river aqueducts, drainage inlets, and control structures to provide permanent flood protection for the Fargo-Moorhead-West Fargo metropolitan area. Construction is performed by ASN Constructors with substantial completion expected in spring 2027, after which MFDA will make availability payments to RRVA.
Product overview
Red River Valley Alliance (RRVA) is a public-private partnership responsible for developing, designing, constructing, operating and maintaining the Fargo-Moorhead Area Diversion project. The company's primary offering is the Stormwater Diversion Channel and Associated Infrastructure (SWDCAI) — a single integrated infrastructure system comprising a 30-mile stormwater diversion channel, diversion outlet, two river aqueducts (Maple and Sheyenne Rivers), 19 road and rail bridges, 14 drainage inlets, and 100 utility relocations. RRVA operates under a 30-year contract for operation and maintenance after construction completion. This is not a software product company but rather an infrastructure construction and management consortium.
Differentiator
Problem solved
Functional benefit
Products and services
- Stormwater Diversion Channel and Associated Infrastructure (SWDCAI) A 30-mile stormwater diversion channel (20 feet deep and up to 300 feet across) with associated infrastructure including 19 road and rail bridges, two river aqueducts (Maple and Sheyenne Rivers), 14 drainage inlets, diversion outlet, and 100 utility relocations. Designed to provide permanent flood protection for the Fargo-Moorhead-West Fargo metropolitan area under a 30-year design-build-finance-operate-maintain P3 contract for the Metro Flood Diversion Authority.
- 30-Year Operations and Maintenance Services Long-term operations and maintenance of the stormwater diversion channel and associated infrastructure delivered under a 30-year P3 contract with the Metro Flood Diversion Authority. Service scope covers the diversion channel, 19 road and rail bridges, two river aqueducts, drainage inlets, and control structures once they reach substantial completion in spring 2027.
Quantifiable outcome
- Saves $40 million in flood insurance premiums annually for homeowners and businesses in the protected area.
- +3 more outcomes
Companies that use Red River Valley Alliance
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Red River Valley Alliance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Red River Valley Alliance partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- BNSF RailwaycoreBNSF Railway partnered with RRVA/ASN Constructors for the construction of railroad bridges over the diversion channel. BNSF constructed the track and will own and maintain the railroad bridges. Three railroad bridges were built across the diversion channel on the Prosper and KO subdivision lines. BNSF trains began traversing the new bridges starting October 2025.
- ASN ConstructorscoreASN Constructors is RRVA's construction arm — a joint venture formed specifically for this project. ASN Constructors began work on the $1.5 billion diversion channel in August 2022 and plans to complete it by October 2026. ASN has invested over $80 million in equipment purchased locally, and handles all construction activities including excavation, bridge construction, and roadway work. ASN Constructors handles subcontractor procurement and job opportunities.
- Metro Flood Diversion AuthoritycoreMFDA is the public partner in the P3 and retains ownership of the stormwater diversion channel. MFDA members include Clay County (MN), Cass County (ND), Fargo (ND), Moorhead (MN), and the Cass County Joint Water Resource District. MFDA will make regular availability payments to RRVA upon completion. The project is the first P3 for USACE and the first water management P3 in North America.
- U.S. Army Corps of Engineers (USACE)coreUSACE St. Paul District oversees the Southern Embankment portion of the project (20-mile-long, 20-foot-high earthen dam with three water control structures). USACE accepted this work due to private sector risk and liability concerns. The project is the first USACE P3 and a pilot under USACE's Revolutionize USACE Civil Works initiative.
- ACCIONAcoreOne of three lead members of the public-private partnership that formed RRVA. ACCIONA is an international entity with P3 experience, providing development and financing expertise for the project.
- Shikun & Binui USAcoreOne of three lead members of the public-private partnership that formed RRVA. Shikun & Binui USA brings international P3 and construction expertise to the consortium.
- North American Construction GroupcoreOne of three lead members of the public-private partnership that formed RRVA. North American Construction Group provides construction and infrastructure expertise as part of the consortium.
- River KeepersminorRiver Keepers is a local nonprofit organization that runs the annual Reforest the Red tree planting event. RRVA sponsored and participated in this event in September 2025, planting thousands of trees and shrubs along the Red River in south Fargo to improve riparian zones.
Scale indicators12 records
Recent moves7 records
Expansion highlights3 records
Red River Valley Alliance competitors and assessment
Company assessmentDirect peers
- Plenary Group: Plenary is a North American P3 developer/operator with concessions across transport, health, and water infrastructure. It is directly comparable to RRVA as a specialized social infrastructure P3 sponsor pursuing similar availability-payment structures.
- ACCIONA Infrastructure: ACCIONA is one of the three consortium parents that formed RRVA and provides P3 development and financing expertise. It is directly comparable as a co-developer of the same FM Area Diversion project and as a global water infrastructure P3 operator.
- North American Construction Group: NACG is the second consortium parent of RRVA and provides heavy civil construction expertise on the project via ASN Constructors. It is directly comparable as the executing contractor on the same $1.5B stormwater diversion channel.
- Shikun & Binui USA: Shikun & Binui USA is the third consortium parent of RRVA, contributing international P3 and construction expertise. It is directly comparable as co-developer and co-equity holder in the same Fargo-Moorhead P3.
Broad incumbents
- Cintra (Ferrovial): Cintra is one of the world's largest privately developed transportation P3 operators, managing dozens of toll-road and infrastructure concessions. It is broadly comparable as a long-tenure concession operator monetizing public infrastructure via availability/user payments, though focused on highways rather than flood diversion.
- Brookfield Infrastructure Partners: Brookfield Infrastructure owns and operates utility, transport, and water infrastructure assets globally. It is broadly comparable as an institutional holder of long-duration infrastructure cash flows analogous to RRVA's 30-year availability payments.
- Granite Construction Incorporated: Granite is a major US heavy civil contractor with significant transportation and water infrastructure experience, including P3 joint ventures. It is broadly comparable as a US-based competitor executing large publicly financed civil works projects of similar dollar value to the RRVA channel.
- Fluor Corporation: Fluor is one of the largest global engineering, procurement, construction, and project management firms, active in US water and federal infrastructure markets. It is broadly comparable as a competitor for large federal/municipal P3 EPC contracts, including via its Star America P3 unit.
- Macquarie Asset Management (Infrastructure): Macquarie is the world's largest infrastructure investor, providing equity and asset management for P3 concessions including water and transport assets. It is broadly comparable as a long-term institutional investor/operator of availability-payment infrastructure assets similar to the RRVA channel.
- ACS Group / Iridium: ACS Group, through Iridium and other concession subsidiaries, is a global P3 infrastructure developer with large equity stakes in transport and water concessions. It is broadly comparable to RRVA as a multinational P3 co-developer competing for similar USACE-style mandates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Red River Valley Alliance social profiles
Digital presenceRed River Valley Alliance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Red River Valley Alliance leadership team
Management profileNumber of profiles
Profiles15 records
Red River Valley Alliance subsidiaries and ownership
Company hierarchySubsidiaries1 record
Red River Valley Alliance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Red River Valley Alliance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Red River Valley Alliance
What does Red River Valley Alliance do?
Red River Valley Alliance develops, designs, constructs, operates, and maintains the Fargo-Moorhead Area Diversion project under a 30-year public-private partnership. The core deliverable is a 30-mile stormwater diversion channel with associated infrastructure including bridges, river aqueducts, drainage inlets, and control structures to provide permanent flood protection for the Fargo-Moorhead-West Fargo metropolitan area. Construction is performed by ASN Constructors with substantial completion expected in spring 2027, after which MFDA will make availability payments to RRVA.
Is Red River Valley Alliance a public or private company?
Red River Valley Alliance is a private company. It is classified as corporate owned and is currently operating.
When was Red River Valley Alliance founded?
Red River Valley Alliance was founded in 2021. It employs 11 to 50 people.
Where is Red River Valley Alliance based?
Red River Valley Alliance is headquartered in Fargo, United States, in the North America region.
How does Red River Valley Alliance make money?
One revenue line is on record: availability Payments from MFDA.
Who are Red River Valley Alliance's main competitors?
Direct peers on record are Plenary Group, ACCIONA Infrastructure, North American Construction Group and Shikun & Binui USA. Broad incumbents are Cintra (Ferrovial), Brookfield Infrastructure Partners, Granite Construction Incorporated, Fluor Corporation, Macquarie Asset Management (Infrastructure) and ACS Group / Iridium.
Does Red River Valley Alliance have an API?
No public API is recorded for Red River Valley Alliance.
What industry is Red River Valley Alliance in?
Red River Valley Alliance's product category is Flood Protection Infrastructure. Its primary akta.pro industry code is IMAFAGAF, Stormwater & Drainage Infrastructure Construction (Sewer, Detention, Outfalls), with a secondary code of EUANAEAC, Culverts, Bridges & Cross-Drainage Structures (Hydraulic Capacity & Rehabilitation). Its NAICS code is 23711 and its SIC code is 1623.