Client: Nedbank Capital & the Industrial Development Corporation
Period: 2015
Work
Nedbank Capital and the Industrial Development Corporation mandated 3E to act as Lender’s Technical Advisor for PV projects jointly sponsored by Guma Capital and Tozzi Renewable Energy.
The projects are debt financed and 3E’s duty of care was to the appointed lenders in different phases: Services were provided during the pre-bid, post-bid, post-financial close and post-completion phases. They included:
Pre-bid activities:
- Site visit
- Design verification
- Forecast Energy Sales Independent Review
- Technical Gap Analysis of Contracts
- Grid Connection Review
- Environmental, permitting and authorizations review
Post-bid services (during financial closure):
- Ad-hoc assistance to Lenders
- Design verification
- Forecast Energy Sales Independent Review
- Technical Gap Analysis of Contracts
- Grid Connection Review
- Environmental, permitting and authorizations review
Post-financial close and pre-completion:
- Construction Monitoring
Post-completion (commissioning):
- Third party assistance during provisional acceptance tests
- Third party assistance during final acceptance tests