K&M was engaged to provide technical and commercial due diligence for a potential investor in a 380 MW Combined Cycle Gas-fired IPP which will use LNG from a Floating Storage and Regasification Unit (FSRU). K&M’s work included an analysis of the local and regional power markets, an assessment of the project’s dispatch and sales, forecasts of spot market prices, and a detailed review of major contracts, including the Power Purchase Agreement. K&M’s analysis was integrated into the financial model of the project and used for the client’s valuation and acquisition bid.