Marcovia Solar PV Acquisition Due Diligence
K&M was hired by a private investor to perform technical and commercial due diligence for the acquisition of a 40.5 MW solar PV facility which was under development. K&M performed a technical evaluation of the facility, which included an analysis of the solar PV technology employed, the panels’ degradation rates and warranties, and an assessment of the EPC contract. K&M’s commercial due diligence covered relevant institutional and regulatory reforms of the power sector, sovereign and off-taker credit risks, and an estimate of the cost of capital for the project.
K&M works as on-call advisors to provide a range of PPP support services to the governments of El Salvador, Honduras, and Guatemala. K&M’s work includes: screening proposed projects, assessing the viability of candidate PPP projects, reviewing or drafting requests for proposals and terms of reference for advisors, developing budgets for advisory services, reviewing deliverables from advisors, advising on PPP policies and regulation (for example, contingent liabilities), and on-the-job and classroom training to build capacity for PPP unit officials.
The objective of this study is to estimate the cost of LNG transported in truck from an existing LNG import terminal in Panama to large energy users in Costa Rica, Nicaragua, El Salvador, Honduras and Guatemala.
K&M developed a cost model to estimate the cost per MMBtu of transporting small amounts of LNG from an LNG Terminal to each of the countries using LNG trucks and trailers, and multimodal transport (by road and sea) in ISO containers. K&M provided recommendations on the optimal option for transporting LNG. The study also reviewed risks related to relevant trade, tax, and environmental regulations that could affect the cost and/or time of transporting the LNG.
The World Bank hired K&M Advisors to develop the governance assessment of the National Electric Energy Company (ENEE). After evaluating the company, K&M created a proposal with recommendations on the appropriate corporate structure in the context of the unbundling of the functions of generation, transmission, and distribution that is taking place in the electric power sector. K&M supported the drafting of a governance assessment of ENEE and supporting capacity building and knowledge sharing activities. K&M drafted a governance assessment report of ENEE and produced an advisory document on how to design and implement the appropriate governance structure of the new unbundled companies. K&M hosted a dissemination event in Honduras to present the main findings of the governance assessment and to share international best practices and experiences in compliance with Honduran regulations. Throughout the contract, K&M provided technical advice to strengthen the governance of the SOE and the electricity sector.