ADC was approached by an international Company to conduct an evaluation on a 1040 MW Combined Cycle Gas Turbine station (CCGT), in the Middle East. As part of this evaluation process, ADC had to compile a comprehensive Due Diligence report and investment model of the power station’s business, that would comply with the requirements of international financing.
This due diligence process included the ADC team doing an in-depth site evaluation of the Power Station.
ADC expect to finalise international finance syndication for the purchase of the power station in the second half of 2017.