Tim Bath is a Managing Director and serves as Head of Solomon Partners’s Infrastructure Advisory Group. He joined the firm in 2016.
A leading advisor to clients across the European and North American infrastructure markets, Mr. Bath has more than 15 years of experience in providing strategic and financial advisory services on some of the sector’s most high-profile and historic projects. With a specialization in transportation infrastructure, his combined transaction value of roughly $30 billion includes advising on buy and sell-side mergers and acquisitions, project and leveraged financings, private placements and restructurings for private equity, infrastructure funds, corporate and municipal clients.
Before joining Solomon Partners, Mr. Bath served as a Managing Director and Head of U.S. Infrastructure Investment Banking at RBC Capital Markets, which he joined in 2005. While at RBC, he assisted in establishing the firm’s U.S. Infrastructure Group and was appointed Group Head in 2011.
Among his marquee transactions, Mr. Bath has represented Canada Pension Plan, Ontario Teachers Pension Plan and Borealis Infrastructure on its $2.9 billion acquisition of the Chicago Skyway Toll Road; the board of SSA Marine on the successful restructuring and recapitalization of $2.1 billion senior secured debt; Porter Aviation on the sale of their ownership interest in the Billy Bishop Toronto City Airport Terminal; a consortium comprising Goldman Sachs Infrastructure Partners and Abertis Infrastructure on their $1.2 billion acquisition of the PR-22 and PR-5 Toll Roads; Highstar Capital on the recapitalization and subsequent sale of Ports America Group — the largest port terminal operator in the United States; Macquarie Infrastructure Partners on their acquisition of a 50% interest in NYK Lines U.S. port terminal operations; Cheung Kong Infrastructure Holdings (CKI) on their $350 million acquisition of Park’N Fly; a consortium comprising KKR Infrastructure and United Water on the structuring and closing of the Bayonne Water PPP Concession; and a consortium comprising Highstar Capital and Groupo Aeroportuario del Sureste (ASUR) on their $700 million acquisition of the Luis Munoz Marin (LMM) Airport in Puerto Rico — the first ever FAA-controlled airport to be privatized in the United States.
Mr. Bath received a bachelor’s degree in Economics and Finance from the University of Nottingham Trent, England.
Solomon Partners served as financial advisor to Energy Capital Partners on the sale of a 40% stake in Terra-Gen, including a 1.6 GW Operating Portfolio and 3+ GW Advanced Development Pipeline to First State Investments
Served as financial advisor to US Wind on a strategic investment by Apollo in the premier US offshore wind developer
Advised Ports America Group on sale of a minority interest
Served as financial advisor to Ares in its sale of a majority interest in Hill Top Energy Center, a 620MW Combined Cycle Project in PJM
Served as financial advisor to Oaktree Capital and its partners on the sale of their interest in the West of Devers HVDC transmission line in California to Axium Infrastructure
Advised Ports America Group on debt refinancing for $1.3 billion
Served as financial advisor to Grupo Argos in its sale of a 50% stake in Compañía de Puertos Asociados S.A.
Served as Refinancing Advisor to Skyway Concession Company on a $230 million note placement