Nigeria - New 400MW Gas Fired IPP Development

We were engaged to develop a bespoke technical and financial model of a gas-fired generating plant model to:

1. Simulate anticipated revenue from Power Purchase Agreements and to compute required tariff (capacity and energy) to achieve a target regulated return.
2. Analyse the impacts of alternative technical configurations on expected returns (alternative manufacturers, multiple units, open- or closed- cycle).
3. Optimise the existing project model to meet a particular tariff by varying a small number of identified inputs, in a form that can be used for negotiation with NBET.
4. Allow prospective lenders, investors and risk mitigation agencies to analyse the revenue, capex and opex to support any decision to participate in the project.