Recent Work and Clients

Examples of projects carried out by IBS in the energy section in 2013 include:


Client Origin Client Type Project Content
Asia Utility Our client was negotiating to take a stake in a CCGT being developed by a major Turkish investment group. IBS assisted in the valuation of the asset and also in the financial structuring of its proposal for partnership.
East Europe Trader Our client was interested in establishing a vertically integrated presence in Turkey, starting with gas supply and including investment in existing or new CCGTs. IBS carried out an appraisal of technical and commercial conditions affecting line availability and of gas market conditions. It also forecast the revenues which a new CCGT could expect and worked with Fichnter on ranking investments in different regions.
North America Equity Investor In this project, we were asked to appraise the reports used by the seller in his valuation of a major portfolio of wind assets. We were also commissioned to provide forecasts of the revenue which we believed the project could earn. Our client ended by taking a major equity stake in the assets.
Gulf Utility Working with IHS, IBS assisted this potential investor to review international LNG markets and price perspectives and their implication for LNG supplies to Turkey. The project also involved determining the future prospects of LNG-fuelled CCGTs.
Europe OEM This project was a detailed review of the power market in Turkey and the returns available to different types of CCGT.
Multi-national Oil & Gas Company Our client wished to determine the future potential for gas supplies to Turkey as well as the opportunities for gas trade. Working with the client, we developed scenarios for future demand, by power, industry and residential users, and the price implications of these for gas supply. As with our other studies, this required developing scenarios for liberalisation of gas prices.
Europe Power and Gas Trader The client is active as a gas and oil trader in Turkey and wished to understand the commercial dynamics of the gas market and contract structures.
Europe Utility Here we provided our client with power price forecasts to 2035, as well as a view of liberalisation processes in the gas and electricity markets.
Turkey Developer To assist our client with finalising negotiations with a syndicate of Turkish banks, IBS developed independent revenue forecasts for his $800 million asset.

 

Selected Clients