Feb 24, 2023
Green Technology Worth Knowing About for 2023 (and Beyond)
HFO Fired Due Diligence: Kenya Facility
- Client:
- Heavy Fuel Oil facility
- Location:
- Mombasa
- Start Date:
- 2023-03-13
- End Date:
- 2023-03-13
- Share:
Project Description
ADC and an international investor teamed up to conduct a due diligence to acquire a stake in a Heavy Fuel Oil facility in Mombasa, Kenya. The facility had been in operation for 11 years and had a remaining net plant capacity of 75 MW.
The aim of the due diligence was to determine whether the proposed investment would render required returns within the remaining life span of the facility.
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