K&M was engaged to perform technical and commercial due diligence on the sale and leaseback transaction for the 1,073 coal-fired Merom power generating station located in Sullivan County, Indiana. The station consists of two similar pulverized coal-fired units. Unit 1 began commercial operation in 1981 and Unit 2 – in 1982. The plant has a total gross capacity of approximately 1,073 MW with Unit 1 gross capacity being 543 MW and Unit 2 – 530 MW. K&M’s scope of work included an independent review of: independent technical review report, the appraisal report, service contract term sheet, operating and support agreement, facility lease, and the participation agreement.