PROJECTS / Buchanan Renewables 35 MW Biomass Power Project- Lender Due Diligence
Buchanan Renewables 35 MW Biomass Power Project- Lender Due Diligence
Sub-Saharan AfricaOctober 22, 2020
K&M was engaged by the Overseas Private Investment Corporation (OPIC) to conduct due diligence for a proposed OPIC loan to finance an expansion of the Buchanan Renewables 35 MW biomass project in Liberia. The expansion of the project would add a materials handling facility to increase the efficiency of wood chip processing for export. K&M assessed the technical feasibility of the proposed facility and analyzed the effect of the expansion on the project company’s projected financial performance. K&M visited the project site and assessed the adequacy of the project’s proposed operational, management, and logistics structures, and K&M identified key project risks for OPIC to consider in its lending decision.