DULSCO, a state owned labor company from the UAE, participated in a tender process for the EPC and O&M of Dubai’s first waste-to-energy plant. The tender was submitted with the French company CNIM on the basis of a 50/50 joint venture in December 2016. Finadvice expertise meaningfully contributed to improvements of the tender and the understanding of the specifications:
- Finadvice constructed a business plan for the first five years of operation of the plant in accordance with current prices and industry prognosis on price developments. The business plan included an optional extension of five more years of operation
- Various scenarios for safety margins were considered from a financial point of view
- Contractual risk analysis was conducted from a technical and financial perspective to ensure the mitigation of major business risks
- Finadvice’s technical expertise ensured DULSCOs understanding of the industry, technology in general and project in particular
Finadvice acted as financial advisor (DD, business plan) to DULSCO and coordinated the tender process alongside CNIM