CAPIOL is led by its managing partners, who have worked together for more than 25 years managing infrastructure and assets, leading construction projects, utilities and infrastructure companies in Europe, America, and Africa. In addition, CAPIOL has a team of Associated professionals, with reputed experience in these sectors.

Executive Team.

Albert Pinadell


Get in touch

Albert has more than 25 years of track record in the infrastructure, construction and utilities industries, as well as an extensive CEO, board level, investment and M&A experience.

Albert spent almost 20 years in Agbar Group (now Suez-Environnement) in various roles, in its subsidiaries, as CEO, Managing Director and Legal Director and, prior founding Capiol, he served for 7 years as CEO in the construction industry. He managed businesses with more than 2.000 employees and managed assets and set deals worth more than 2 Billion Euros. He has experience in infrastructure management and investment in Europe, North America, Latam, Africa and Middle East.

Albert is a registered Lawyer, member of Barcelona Bar Association, he holds a Bachelor of Laws (LLB) as well as a Master in Corporate Law (LLM) and a Master in Business Administration (MBA) by ESADE Business & Law School.

Leonard Carcolé


Get in touch

Leonard has 30 years of experience in infrastructure design, construction, operation and financing. Prior founding CAPIOL, he held the position of CEO of Agbar's Group (Suez-Environnement) branch in Catalonia, as well as CEO of its Environmental Division, taking responsibility over the major investments in infrastructure of the Group, such as the Barcelona desalination plant, cogeneration plants, and some of the world's largest WWTP, in Latam.

Leonard has also been appointed CEO of the Catalan Water Agency, the regulatory, planning and investment body of the Catalan Government, leading the teams who conducted the the privatization of hydraulic assets for 1.5 billion Euros. He has managed assets worth more than € 3.0 billion in Europe, Latam, and North Africa.

Leonard is a Chartered Civil Engineer (M.Sc.Eng.), Registered with the Council of Ingenieros de Caminos, Canales y Puertos of Spain, Master of Transport, Master Level 7 of the European Qualifications Framework (EQF), and PADI (Managerial Abilities Improvement) by IE Business School.

Joaquim Oliveras


Get in touch

Joaquim Oliveras has developed his professional career, for almost thirty years, in the construction, infrastructures and utilities industry. During these years, he held several positions as legal counsel in different companies, being in charge of all legal matters of the companies where he served, risk management, corporate advisory and business development support.

Joaquim Oliveras served for more than 25 years in Agbar Group, a Spanish multiactivity water utility, in different roles and senior positions, either in the parent company and its subsidiaries. He has also been Board Secretary and General Counsel of Heracles Group, the main construction and services group in Andorra, and carried out multiple collaborations with public and private entities, providing legal advisory in Commercial and Public Law.

Joaquim Oliveras is a registered Lawyer, member of the Bar Association of Barcelona; he holds a Bachelor of Laws as well as a Master in Financial Management and a Master in Corporate Finance, both from ESADE Business & Law School.


Rafael Cañero


Get in touch

Rafael has more than 30 years of experience as a manager in the Infrastructure sector, managing and coordinating multidisciplinary teams in the technical, legal, administrative and financial fields.

Very used to the search and achievement of consensus strategies with the various partners of the projects, both Industrial Partners as Public Administrations and Financial Entities.

For more than a decade he has served as Director of Concessions in a major construction company nationwide, forming part of the Executive Committee and the Board of Directors of some of the largest Concessionaire Companies responsible for the construction, management and operation of major state projects of Public-Private Collaboration in the areas of transport, sanitation, desalination, irrigation, singular buildings and renewable energies.

Rafael is a Civil Engineer from the Polytechnic University of Catalonia as well as a Master of Business Administration from ESADE School.

Among its personal track-record in managing infrastructure, public services and distressed assets and companies, CAPIOL’s team possesses a broad range of technical, managerial, financial, and legal skills.

In addition to the core group, as ancillary areas of expertise, we enjoy a large network of relationships around the industry that allows us a broad access in specialized areas of relevant practice in the infrastructure industry.