Our Team

Areas of Experise

  • Water Resource Economics
  • Water Valuation
  • Financial Analysis
  • Water Asset Transactions
  • Project Management

Education

  • M.B.A., Finance, Arizona State University, 2014
  • B.A., Economics, Colorado College, 2009

Experience

  • Principal, WestWater Research, 2015 – present
  • Senior Associate, WestWater Research, 2014-2015
  • Associate, WestWater Research, 2011- 2014
  • Research Associate, WestWater Research, 2009-2011
  • Intern, WestWater Research, 2008-2009

Matt Payne

Principal

Matt Payne is a Principal with WestWater Research and leads the firm’s Southwest office in Phoenix.  He is dedicated to helping public, private, and non-profit sector clients address economic, financial, and strategic challenges relating to water resources and infrastructure.  His areas of expertise are water resource economics, water asset valuation, water supply planning and implementation, and mergers and acquisitions.  In recent years, Matt has been engaged by Arizona’s largest water provider to lead planning and implementation of the most extensive renewable water acquisition program in the United States.  Under WestWater’s management, the program has executed nearly $100 million in water transactions.  These investments range from rotational fallowing agreements to acquisition and development of reclaimed water.

For private equity and industrial clients, Matt has originated water and wastewater investments, and led due diligence in support of transactions.  He frequently works as a part of multidisciplinary teams, contributing economic and financial analytical capabilities to water resource and integrated utility planning projects.  Recent analyses have included cost-benefit assessments of proposed infrastructure projects and water management strategies, as well as valuation of water rights and infrastructure assets.

Matt holds an M.B.A. from the W.P. Carey School of Business at Arizona State University.  He also earned a degree in economics from Colorado College, where he focused on environmental and natural resource economics, and conducted research in the water resources field.  He specializes in estimating the value of water using econometric techniques.  Matt has published extensively in peer-reviewed and industry journals, and is developing the first-ever price index for water rights in the American West.

Our Team

Matt Payne

Principal

Matt Payne is a Principal with WestWater Research and leads the firm’s Southwest office in Phoenix.  He is dedicated to helping public, private, and non-profit sector clients address economic, financial, and strategic challenges relating to water resources and infrastructure.  His areas of expertise are water resource economics, water asset valuation, water supply planning and implementation, and mergers and acquisitions.  In recent years, Matt has been engaged by Arizona’s largest water provider to lead planning and implementation of the most extensive renewable water acquisition program in the United States.  Under WestWater’s management, the program has executed nearly $100 million in water transactions.  These investments range from rotational fallowing agreements to acquisition and development of reclaimed water.

For private equity and industrial clients, Matt has originated water and wastewater investments, and led due diligence in support of transactions.  He frequently works as a part of multidisciplinary teams, contributing economic and financial analytical capabilities to water resource and integrated utility planning projects.  Recent analyses have included cost-benefit assessments of proposed infrastructure projects and water management strategies, as well as valuation of water rights and infrastructure assets.

Matt holds an M.B.A. from the W.P. Carey School of Business at Arizona State University.  He also earned a degree in economics from Colorado College, where he focused on environmental and natural resource economics, and conducted research in the water resources field.  He specializes in estimating the value of water using econometric techniques.  Matt has published extensively in peer-reviewed and industry journals, and is developing the first-ever price index for water rights in the American West.

Areas of Experise

  • Water Resource Economics
  • Water Valuation
  • Financial Analysis
  • Water Asset Transactions
  • Project Management

Education

  • M.B.A., Finance, Arizona State University, 2014
  • B.A., Economics, Colorado College, 2009

Experience

  • Principal, WestWater Research, 2015 – present
  • Senior Associate, WestWater Research, 2014-2015
  • Associate, WestWater Research, 2011- 2014
  • Research Associate, WestWater Research, 2009-2011
  • Intern, WestWater Research, 2008-2009