K&M was retained to perform technical, commercial and market due diligence for the asset purchase and cross-border lease transaction of the 781 MW (combined capacity) Sellrain-Silz pumped storage hydro power project. The project consists of the Kuhtai and Silz power stations, the Finstertal and Langental reservoirs, and related dam and support facilities. The project is located in Stubaier Alps in northern Austria and is among the highest dam of this type in the world. The power plants entered commercial operation in 1977 and 1981, respectively. Water is first processed at the Kuehtai facility, then passes through the Silz facility. K&M’s scope of work included review and comment on engineering due diligence report, financial appraisal report and assumptions, service contract and lease agreement, power purchase agreement, pool of qualified bidders, and energy market study.