Preview · Selected figures and case studies are being finalized
Capital Advisory & Valuation · Bogotá & Berlin

Financial clarity makes the decision possible

Modelling and valuation built to be read, questioned, and defended — for Latin America’s infrastructure and Europe’s energy transition.

See case studies →
$2.4bnTransacted
15+Years
6Markets
4Languages
Indicativefinal figures being confirmed
CFA Charterholder
15+ years advisory
Conflict-free — no products
Senior-only execution
4 languages
Colombia · Chile · Peru · Germany · Spain
How we work

Advisory structured
around your transaction

Three moments. One mandate. From first conversation to financial close — no handoffs, no junior associates.

01
Diagnose

We begin by understanding the transaction structure, stakeholder map, and where clarity is missing. Most mandates fail before the model opens.

02
Structure

Financial models, risk allocation frameworks, concession terms, and bankability assessments — built for the specific counterparty, not a template library.

03
Close

We stay through negotiation, due diligence, and lender conversations. Advisory without implementation is just advice.

A different kind of advisory

Infrastructure finance has always rewarded complexity. More assumptions, more tabs, more junior hours — the model grew until nobody in the room could challenge it. That era is ending. At VCA, AI removes the friction between thinking and modelling — so what used to take weeks takes days, what took days takes hours, and every assumption is documented in plain language from the first draft.

"The model was never the problem.
Clarity was — and now speed is on our side too."

48hr
First model draft
2–3×
Iterations to sign-off
100%
Assumptions documented
Indicativebenchmarks being finalized See it in practice →
Practice Areas

Three disciplines.
One clarity standard.

No products. No junior associates. Every mandate handled directly by someone who has closed transactions on both sides of the table.

Infrastructure Concessions
From procurement design to financial close

We advise governments and sponsors on structuring bankable concession frameworks — toll roads, ports, energy infrastructure — that attract private capital and survive regulatory scrutiny.

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ColombiaChilePeruGermanySpain
Structured Finance
Debt architecture for complex projects

Project finance structuring, DSCR modelling, waterfall design, and lender negotiation for infrastructure and renewable energy transactions.

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RenewablesProject FinanceMulti-lender
Litigation & Expert Support
Financial clarity in contested transactions

Expert financial modelling and testimony for arbitration, regulatory disputes, and renegotiation proceedings. ICSID, ICC, and domestic tribunals.

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ICSIDICCExpert Witness
Julian Vargas Julian Vargas
About

Julian Vargas, CFA

Fifteen years advising governments, infrastructure funds, and private companies across Latin America and Europe. Colombian by origin, based in Berlin. Fluent in Spanish, English, German, and French.

Before founding VCA, I led financial structuring mandates for toll road concessions in Colombia and Peru, renewable energy project finance in Chile and Germany, and expert witness assignments in international arbitration proceedings.

CFA The rigour came before the mandate.
15+Years
4Languages
6Markets
$2.4bnTransacted
Indicativefinal figures being confirmed
Get in touch

Every mandate begins
with a direct conversation.

No intake forms. No junior associates. If you are working on an infrastructure transaction, a concession structure, or a financial dispute — write directly.