Santiago Solar PV Project & El Campesino 600 MW LNG to Power Project
Latin America and the CaribbeanOctober 22, 2020
K&M was engaged by EIG Partners to provide technical and commercial due diligence services for EIG’s proposed investment in a 100 MW solar PV project north of Santiago, Chile. The project is designed to connect to a private transmission line to provide an optimal interconnection and low risk in Chile’s nodal pricing system. K&M reviewed all major project agreements (EPC, PPA, and others) and analyzed supply, demand, and spot prices the Chilean electricity market. K&M also evaluated the site’s solar resource assessments, the proposed PV panel technology, and the project’s expected power generation profile.
K&M was engaged by EIG Partners to provide technical and commercial due diligence services for EIG’s proposed investment in a 600 MW LNG to Power project in Chile. The project consists of a Floating Storage and Regasification Unit (FSRU), onshore gas receiving terminal, and a 600 MW combined cycle power plant using advanced Siemens “H” series gas turbines. The project would supply gas to the power plant and to industrial and other off-takers connected to the gas pipeline network. K&M advised EIG on all aspects of the project, including its technical design and feasibility, commercial structure, economic competitiveness, and its construction and operational risks. K&M’s due diligence includes a review of all major project agreements (EPC, PPAs, Gas Purchase Agreement, FSRU Lease, and others) and an analysis of the Chilean electricity market. K&M also supported EIG by providing inputs to the project financial model as needed.