Thorndon Cook Power
Thorndon Cook Power
Thorndon Cook Power
Cahora Bassa Hydroelectric Plant

EDC Geothermal Due Diligence

EDC geothermal assets

The Project

The 6-month assignment included an initial red flag report highlighting all significant project risks from a high level review, and then a second phase where a detailed due diligence was undertaken.

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.
  • Historical and projected CAPEX and OPEX 
  • Preparation of all technical and cost information for input into the financial model.


MIRA were successful in gaining a significant shareholding in EDC.


process design, mechanical engineering, electrical engineering, civil and structural engineering, control and instrumentation

due diligence studies

capital and operating costs estimation

asset evaluation and valuation, plant condition and performance assessment, project and corporate risk

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