K&M Advisors is pleased to announce our engagement as Transaction Advisor for Jordan’s next ~700 MW Combined Cycle Gas Turbine (CCGT) Independent Power Project. This new assignment further strengthens K&M’s long-standing partnership with the National Electric Power Company (NEPCO) and the Government of Jordan in advancing reliable, cost-effective generation infrastructure.

Under this engagement, K&M will provide comprehensive transaction advisory services across all stages of project development and procurement. K&M’s scope includes conducting a detailed site suitability assessment to evaluate multiple location options based on fuel supply access, transmission evacuation capability, water availability, land requirements, environmental factors, geotechnical conditions, and regulatory considerations. K&M will prepare the full set of RFQ and RFP documents, including bankable draft project agreements tailored to international best practices and reflective of Jordan’s regulatory and commercial environment.

As part of the competitive tender process, K&M will manage market outreach, oversee communications with potential sponsors, coordinate bidder meetings, and prepare clarifications and addenda as required. K&M will lead the technical, commercial, legal, and financial evaluation of proposals using a transparent and structured methodology, ensuring fair comparisons and robust tariff assessment. Following bid evaluation, K&M will support NEPCO throughout contract negotiations, revising project agreements to reflect negotiated outcomes, analyzing impacts on risk allocation and tariff levels, and guiding the process through to final agreements and financial close.

This new project represents K&M’s seventh CCGT/IPP transaction in Jordan, marking more than a decade of continuous advisory support to the country’s power sector. Five of these projects have successfully reached financial close and entered commercial operation, demonstrating the effectiveness of K&M’s advisory approach and the strength of Jordan’s IPP procurement framework. The other two are currently under procurement or negotiation. K&M continues to support IPP7, and we are honored to have been awarded IPP8, reaffirming our position as a trusted partner in shaping Jordan’s future generation capacity.

K&M remains committed to delivering advisory solutions that enhance project bankability, attract competitive private investment, and support the long-term reliability and sustainability of Jordan’s power system. We look forward to contributing to another successful IPP that will expand the country’s generation portfolio and deliver enduring economic and sectoral benefits.