Public Utilities and Public-Private Partnerships (PPPs)

Corpora Consulting supports governments in reforming public utilities and structuring public-private partnerships that improve service delivery, strengthen financial sustainability, and mobilize private investment—while preserving public ownership and accountability. Our work focuses on practical, implementable models suited to utilities and infrastructure sectors operating under monopoly or quasi-monopoly conditions, particularly water, sanitation, energy, and bulk services.

Rather than applying one-size-fits-all privatization approaches, Corpora Consulting helps governments select and design appropriate reform modalities that balance public control, operational efficiency, and long-term viability.

One such modality is capitalization, an innovative alternative to privatization. Through capitalization, governments retain ownership of strategic assets while partnering with private investors who contribute equity and management expertise for a defined period. Fixed public assets are contributed to a newly created entity, while private partners inject capital in cash and assume operational responsibility. This structure allows utilities to access working capital and investment financing without transferring asset ownership, supporting expansion, service improvements, and commercial discipline.

Corpora Consulting also supports corporatization, enabling government-owned service providers to operate under market-based conditions while remaining publicly owned. Corporatization involves legal transformation into commercially oriented entities governed by clear performance targets, professional management, and financial accountability. Properly designed corporatization improves efficiency, productivity, and cost recovery, while reinforcing public oversight and policy alignment.

In addition, Corpora Consulting assists governments in establishing mixed capital companies, where public authorities partner with private investors, employees, or customers under clearly defined ownership and governance arrangements. These entities operate according to private-sector management principles, with independence calibrated to the level of public ownership. Strong governance frameworks ensure transparency, accountability, and operational autonomy.

Across all PPP and utility reform engagements, Corpora Consulting prioritizes governance, performance incentives, and risk allocation—helping governments modernize public services while safeguarding public interest and long-term development objectives.