EllisDon Expands Business Development to Latin American and U.S. Markets

EllisDon announces the appointment of two Vice Presidents to the Capital team, Jorge Del Solar as the new Vice President, Business Development, Latin America/United States and Bruno Welt as Vice President, Business Development, United States.

Building on the success of EllisDon's exponential growth in the Canadian Public-Private Partnership (PPP) program, these two new appointments signify its expansion into Latin America and the United States. EllisDon targets both regions as growing markets for PPP, alternative financing, and development/construction services that it offers.

“Our portfolio illustrates success in the Canadian markets and leaves us well-positioned for strategic growth,” said Joey Comeau, CEO, EllisDon Capital. “We have been slowly pursuing opportunities in Latin America and the U.S markets, and the time is right to strengthen our global expansion."

Jorge has almost two decades of international infrastructure and PPP market experience. He has a deep and broad understanding of PPPs in different jurisdictions, from an equity and construction perspective, due to his expertise in Latin America, Canada, the US, and Spain.

Jorge has led the proposal and financial close phases of significant PPP infrastructure projects with a combined value north of $12B. Jorge has been part of the leadership team on both the Special Purpose Vehicle (SPV) and the construction company on the Eglinton LRT, one of the largest PPP investments in North America. Jorge’s experience combined with his international knowledge and ability to work with stakeholders and partners will be key in EllisDon's global expansion to the Latin America and US markets.

“The opportunities in the Latin American and U.S Markets open a new chapter of growth for EllisDon,” said Jorge Del Solar, Vice President, Business Development, EllisDon Capital. “I am looking forward to applying my global experience to grow the company in those markets.”

Bruno Welt’s role will focus on EllisDon Capital, expanding its investment pursuits and development opportunities in the US market. He will also promote EllisDon’s integrated services that support projects and partnerships in that country.

With 15 years experience of P3, infrastructure, power, energy, utilities and real estate-related experience, Bruno is joining EllisDon from BMO Capital Markets. Bruno has worked in both the public and private sectors for both buy and sell side organizations across a wide array of roles. Specific experience includes project development, project delivery, investment banking, lending, debt capital markets and financial advisory with a strong focus on developing business and opportunities.

“I have watched EllisDon’s accelerated growth as a construction and services industry leader in Canada,” said Bruno Welt, Vice President, Business Development, EllisDon Capital. “I am excited to join the talent and experience on this team and leverage my expertise and networks to contribute to its success.”

To learn more about EllisDon’s Capital Services team, click here: