PROJECTS

Market Analysis and Regulatory Due Diligence on ACWA Bid, Philippines

The problem

The Philippines’ energy market is complex, combining wholesale spot market and long-term power purchase agreement contracts. ACWA Power, a leading international developer, was interested in bidding to acquire AES’ majority holding in the Masinloc power plant, a 600MW coal-fired power station.

How we helped

Castalia performed market analysis and regulatory due diligence on ACWA’s bid. We modelled likely spot and contract prices in the Philippines electricity market under a variety of scenarios and sensitivities. We also identified key risks in both the electricity market and regulatory framework for approval of power supply agreements.

Impact

With the information we provided them ACWA was able to put forward an informed bid. However, they were unsuccessful, outbid by San Miguel, a local established player, who purchased the power plant for US$1.9bn.

The client

Our team

Alex Sundakov

Executive Director

Peter Hoogland

Director

View more Castalia projects

How can we help you?

How can we help you?

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 8075 4654
Suite 3652, Level 36, Gateway
1 Macquarie Place
Sydney NSW 2000
Australia

AUCKLAND
+64 (4) 913 2800
Sinclair House, 3 Glenside Crescent
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (0)1 85 64 10 22
3B Rue Taylor
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-121
Colombia

Thinking for a better world.

PROJECTS NEWS BLOG CONTACT

© Copyright 2019 Castalia. All rights reserved. Terms | Privacy | Credits | Sitemap

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 8075 4654
Suite 3652, Level 36, Gateway
1 Macquarie Place
Sydney NSW 2000
Australia

AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

PROJECTS NEWS BLOG CONTACT

© Copyright 2019 Castalia. All rights reserved.

Terms | Privacy | Credits | Sitemap