K&M Advises Lenders on LNG-to-Power Project in Caribbean

K&M was retained by the prospective lenders to a 190 MW combined cycle gas plant in the Caribbean to perform financial model review services. The plant will use gas supplied through a long-term Gas Supply Agreement (GSA) and produced by regasifying Liquefied Natural Gas (LNG) using a Floating Storage and Regasification Unit (FSRU). K&M will ensure reasonableness of the assumptions on technical input variables contained in the financial model, consistency of the financial model with the contractual obligations detailed in the project agreements, propose alternative assumptions to make the financial model consistent with project agreements, and recommend sensitivities for key variables.