K&M performed technical, market and commercial due diligence for the development of a proposed 130 MW hydro power generation plant and associated transmission lines at the Daule Peripa dam and reservoir near Guayaquil. The existing reservoir is the second largest in South America. The proposed greenfield power station was part of a multipurpose project which included hydroelectric power production, water supply, flood control and agricultural irrigation. The project was structured on a Build-Operate-Transfer (BOT) basis utilizing both a Concession Agreement and a Power Purchase Agreement with a 20 year term. The Ministry of Mines and Energy and regional utility, Comision de Estudios para el Desarrollo de La Cuenca del Rio Guayas (CEDECE), offered co-guarantees. K&M”s work included cost and performance analysis, financial analysis, electricity market analysis, review original design plans, verify electrical output, review hydrology, and review legal and regulatory framework.