David Pennington is a Managing Director in the North American Infrastructure Banking practice at BMO Capital Markets. He has 20 years of investment banking experience, specializing in advising and structuring borrowing platforms for government, project and corporate issuers in the utilities and infrastructure sectors. Over the past 5 years he has led the Canadian P3 practice for the firm and has recently added U.S. P3 concessions to his practice.
David has been involved in a wide range of public and private sector mandates in his time. As an advisor for Government clients, David has been a key advisor to Infrastructure Ontario with assignments including the Windsor-Essex Parkway as well as 6 other social infrastructure projects in health care, transit, justice, and recreation totaling over $5 billion in construction procurement. David is currently advising MDOT/MTA on the Purple Line Light Rail Transit P3 project in Maryland.
As an advisor to private sector bidding consortiums David was the team leader on the Port Mann Bridge project, the RAV Line transit project, the CSEC headquarters procurement, St Joseph’s hospital bid, the 407 East Extension bid, and most recently, leading the teams on winning bids for the Ontario Forensic Services and Coroner’s Complex and the Toronto City Centre Airport Pedestrian Tunnel.
David is a CFA charter holder and holds an Honors Business Administration degree and a Master of Business Administration degree, both from the Ivey School at the University of Western Ontario.