Star Energy Geothermal Due Diligence

- ClientBCPG Public Company Limited
- Date2017
- Project ValueUS$250,000
Thorndon Cook Staff- Roger Hudson
- John Bottomley
- Grant Morris
- Chris Taylor
- Claude Bannwarth
- Peter Tearne
- Brian Leonard
- Charles Zhang
- Luc Poloni
The Project
Detailed Due Diligence investigations of almost 1,000MW of geothermal power plant assets in Philippines and Indonesia.
Our Role
- Red flag assessment of all significant project risks and recommended mitigation
- Resource geoscientific review including stored heat and size (MW) assessments for each resource.
- Well assessments including future make up well and work over requirements and cost projections.
- Steam field and power plant condition assessment.
- Power plant performance review, both historical and projected.
- Feasibility review of the addition of two further 60MW units at Wayang Windu and another unit at Darajat.
- Historical and projected CAPEX and OPEX
- Preparation of all technical and cost information for input into the financial model.
Results
BCPG were successful in acquiring a significant shareholding in Star Energy.
Capabilities
Disciplines:
process design, mechanical engineering, electrical engineering, civil and structural engineering, control and instrumentation
Role:
due diligence studies
Resource:
capital and operating costs estimation
Advice:
asset evaluation and valuation, plant condition and performance assessment, asset management planning and support, project and corporate risk