K&M Supports Negotiations on Hydropower IPP in Belize
K&M has been contracted by Belize Electricity Limited (BEL) to serve as Financial Advisors on negotiations of a 19 MW run-of-rive hydropower IPP. Our scope of work includes reviewing the project financial model and advising BEL on tariff structuring and risk allocations in the PPA.
K&M’s Managing Director of Technical Services, Lenny Golbin, will be leading the firm’s upcoming work on the 120 MW IPP in Guam. K&M will be sub-contractor to Stanley Consultants engaged to provide engineering and technical services to the Guam Power Authority (GPA). The project consists of a 120 MW plant that will burn ultra-low-sulphur diesel (ULSD) and will later convert to Liquefied Natural Gas (LNG). As K&M’s lead advisor on the project, Mr. Golbin will be providing transaction advisory services, conducting project structuring, organizing the competitive bidding process, and assisting the GPA in negotiations with the selected IPP sponsor to bring the project to financial close.
K&M was the lead advisor to the National Electric Power Company (NEPCO) for the negotiations with ACWA Power on the 485 MW Hussein CCGT IPP. The plant will be built at the site of Jordan’s first thermal power station to replace the old facility with GE 9E turbines running on natural gas as the primary fuel. ACWA and NEPCO signed a 25-year PPA on January 18th, 2016 for the project, which is expected to have a total investment cost of US$460 million.
This is the fifth IPP for which K&M has been the lead transaction advisor in Jordan—the other four are Amman East (370 MW), Al Qatrana (373 MW), IPP4 (241 MW), and IPP3 (573 MW). In total, K&M has helped Jordan to increase its privately-financed generation capacity by 2,042 MW.
More information on the Hussein IPP transaction can be found here: