The Project

Supreme Energy and consortium partners Engie and Sunitomo are the developers of a 85 MWe double flash geothermal plant. The project is located approx. 125 km to the South East of Padang port on Sumatra island. THORNDON COOK was engaged by Thai Mott MacDonald Ltd to be part of the Lender Technical Advisory (LTA) team reviewing the project for the lenders led by Mizuho Bank from Japan.

Our Role

High level review, prior to financial close, of the drilling and the EPC contracts, as well as the main technical and financial project documents highlighting up front fatal flaws if any, as well as project risks and their mitigations. Review and validation of the technical and financial inputs to the financial model.   

Results

Financial closure reached in 2017; project implementation in progress with an expected commercial operation in 2019

Capabilities

Roles:
due diligence studies, feasibility studies, including economic analysis, lender's engineer roles

Resources:
conceptual engineering, capital and operating costs estimation