Energy Consulting for Development Banks and Financial Sponsors
Our experienced consultants, provide unique, in-depth, local markets advice to support your projects and public initiatives. We have substantive experience in Latin America and can be a vital resource and supplement for your in-house analysts.
Electricity markets advisory
Drafting of PPA agreements
Developing clean energy certificate frameworks
Managing RFP processes and contractor selection
Due diligence and third-party background checks
Technical engineering and construction management advisory
Project finance consulting
SOLUTIONS FOR PUBLIC-PRIVATE PARTNERSHIPS
PPPs have several advantages. With them, governments not only meet infrastructure needs, but also generate a high social rate of return and improve well-being.
Advantages of Public Private Partnerships
PPPs excel at providing support functions, such as private companies that can maintain infrastructure for public institutions while reducing costs. Another crucial role of PPPs is to fill in the gaps in public services. That is particularly true in Latin America, where insufficient local tax revenues frequently prevent full public funding. In many of these cases, PPPs provide a practical solution to infrastructure challenges in the region.
Solutions for the Caribbean
There are many relatively small islands in the Caribbean where the scale economies necessary for efficiency in traditional power generation are not possible.
Renewable energy generation facilities can help to create more resilient power grids in part because they do not require such long power lines. Renewable energy equipment, such as solar panels, can often be maintained by residents and contractors.
investments in solar energy
The support for renewable energy in the Caribbean has led to significant progress for renewable energy. Barbados continues to make substantial investments in solar energy. Barbados Light & Power Company (BLPC) built a 10 MW solar plant at Trents in St. Lucy during the last decade and recently announced plans to expand renewable use.
MONITORING AND COMPLIANCE CONSIDERATIONS
PPPs require not only government willingness, but also a solid legal framework. This law establishment is crucial for PPPs since it means political commitment and establishes rights and obligations for all stakeholders, as well as minimal technical standards.
Monitoring and regulation are two important steps when contracting PPP projects. This requires that an independent verifier analyzes whether performance standards have been achieved. Our consultants also ensure transparency and mitigate the risk of fraud in PPP projects.