PROJECTS / Abwinden-Asten 168 MW Power Station
Abwinden-Asten 168 MW Power Station
Europe and Central AsiaOctober 22, 2020
K&M was retained to perform technical, commercial and market due diligence for the asset purchase and cross-border lease transaction of 168 MW Abwinden-Asten hydro power plant, designed as a run-of-river, located on the Danube River in upper Austria near Linz. The plant is owned by Verbund, and entered commercial operation in 1979 and produces 996 million kWh per year. K&M’s scope of work included: review and comment on engineering due diligence report, power purchase agreement, financial appraisal report, and service contract and lease agreement; review pool of qualified bidders and operators; and conduct energy market study of the European and Austrian electricity market.