IFC has retained K&M Advisors to set up and manage a virtual data room (VDR) platform for the Shire Valley Irrigation Project, for which is IFC assisting with the procurement of the O&M contract and negotiation of water purchase agreements with off-takers. K&M is working closely with IFC to set up, manage and monitor activity within the VDR to help facilitate timely communication and information sharing with the bidders.

Mpatamanga, a 350 MW peaking hydropower project on the Shire River, is central to the Government of Malawi’s strategy for expanding the country’s generation capacity. The Government with co-development partner IFC – International Finance Corporation InfraVentures, supported by advisors led by the USAID Southern Africa Energy Program, a Power Africa Initiative, negotiated up-front on applicable commercial principles and developed the project agreements based on recent precedent.
K&M was hired by the IFC to serve as Tender Agent for a procurement process to select a strategic sponsor to build, own, and operate a 350 MW PPP Hydropower project in Malawi through a partnership with the Government-owned generation company. K&M is structuring and managing the tender process including request for proposal documentation, rules and procedures, evaluation methodology, bidder interface, receiving and responding to clarification questions, bid evaluation, and project agreement negotiation support.