Otay Mesa Power Generation Project Appraisal

ERG was retained by Siemens Financial Services, Inc. (SFS) to perform an “in-place, in-use” appraisal of the Otay Mesa Power Generation Project for financing purposes. The project consists of a conventional “2 on 1″ General Electric 7FA combined-cycle power generation project rated at 596 MW. In conjunction with this engagement, ERG prepared a proforma estimate of the project’s fair market value (FMV) based upon future market considerations for the sale of project output responsive to SFS’s corporate valuation criteria.

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