Freese and Nichols Adds Richard Campbell to Help Cities Across the South Finance Water-Related Projects

Freese and Nichols has added Financial Services Director Richard Campbell to lead our work in helping municipal clients across the South and Southeast develop funding strategies for their water-related infrastructure projects.

With national experience leading projects involving water, wastewater, reclaimed water, stormwater, electric and natural gas utilities, Richard understands cities’ fiscal challenges — along with their options for maximizing financial resources.

His 31 years of industry experience cover the full range of utility finance issues, including:

  • Wholesale and retail ratemaking
  • Revenue bond financial feasibility reports
  • Impact fees
  • Capital financing analyses
  • Economic feasibility studies
  • Strategic and business planning
  • Valuation studies for acquisitions and mergers (including condemnation proceedings)

Richard’s role will expand on the work of Freese and Nichols Funding Specialist Mark Evans, who has helped multiple Texas cities secure loans and grants through state and federal sources to fund water infrastructure projects.

“Though cities across the country face declining revenues because of the pandemic, they still need to continue planning for and meeting their water needs,” Freese and Nichols Vice President Richard Weatherly said. “With his skills and insights, Richard can help us provide comprehensive guidance so our clients can develop sound strategies to pay for crucial capital investments to serve their residents.”

Richard serves on the American Water Works Association’s National Rates and Charges Committee and the Finance, Accounting and Management Committee. He received his bachelor’s degree in Electrical Engineering from the University of Central Florida and is a U.S. Navy veteran and graduate of the Navy’s Nuclear Power School.

Join Richard and Trey Shanks, who leads our Asset Management initiative, for a free webinar, “Financial Planning for your Infrastructure Investments,” on Nov. 18 at 10-11 a.m. (Central)Register here.

Course Description: 

You’ve done the hard work of developing your infrastructure needs and figuring out which capital projects are most important. But the next step is often overlooked, and it’s critical: determining what your organization and customers can reasonably afford. We’ll show you how to financially model your system and use those results to develop a true, feasible infrastructure program.