Development Investments INDEPENDENT P O W E R PRODUCER ()
INDEPENDENT POWER PRODUCER INDEPENDENT POWER PRODUCER BWSC develops invests in power s which use gas, liquid or dual-fuelled engines or biomass boiler technologies. BWSC assists customers worldwide throughout all or specific phases of a power plant s life cycle. Developer of investor in power plants Turnkey contractor of power plants, power barges, hybrid power plants boiler supplies BWSC takes an active role in establishing the commercial, financial legal arrangements needed to develop, construct operate an plant. Key areas: agreements concession, power purchase, fuel supply EPC O&M agreements /corporate structuring financing Credit agreements collateral security documents Equipment technology selections Permitting, authorisations, licenses Environmental social impact issues Insurance Tax structuring Risk mitigation Technical Support Service, spare parts & training In conjunction with the role, BWSC undertakes the supply construc tion of the complete plant on a turnkey basis provides operation maintenance services for the lifetime of the plant. BWSC is a good fit for us, given their strong technical capabilities, commercial approach complimentary skill set. Furthermore, BWSC is engine-agnostic, ensuring that the technology proposed is fit-for-purpose provides the most cost-efficient solution. African Infrastructure Investment Managers Access to reliable, low-cost energy is essential to achieve sustainable economic growth the opportu nity to develop business society. Utilities industrial consumers increasingly rely on Independent Power Producers their ability to finance, construct operate new, highly efficient generating capacity. This new capacity provides the low-cost power needed by local economies industries through high availability reliability rates. Anders Heine Jensen, CEO BWSC is backed by a renowned shareholder has extensive specialised experience with a proven track record of successful deals. A leading Development Finance Institution 2 3
CURRENT INVESTMENT PROJECTS Kent, UK Tilbury, UK Developers: Estover Energy Plant owners: CIP/PensionDenmark, BWSC CIP/PensionDenmark /BWE Consortium Contract start: August 2016 completion: Expected November 2018 O&M contract: BWSC, 15 + 5 years 27.8 MWe + 6 MWth Virgin wood + Waste wood Developers: Express Energy Plant owners: UKGIB, ESBI, AET, BWSC Rabobank, Investec, EKF /AET Consortium Contract start: March 2015 completion: Expected July 2017 O&M contract: BWSC AET, 20 years 40 MWe Recycled wood Widnes, UK Snetterton, UK Developers: BWSC, Stobart Plant owners: UKGIB, Stobart, BWSC Investec, UKGIB, Gravis, EKF Contract start: November 2014 completion: May 2017 O&M contract: BWSC, 20 years 20.2 MWe + 7.8 MWth Waste wood Developers: Eco2 Plant owners: PensionDenmark, BWSC PensionDenmark /BWE Consortium Contract start: October 2014 completion: April 2017 44.2 MWe Straw up to 50% wood chips BWSC has developed constructed more than 180 power plants in 53 countries has contributed with in 10 s Brigg, UK Lisahally, UK Pacora, Panama Kayes, Mali Rabai, Kenya Sapugaska, Sri Lanka Developers: Eco2 Plant owners: PensionDenmark, BWSC PensionDenmark /BWE Consortium Contract start: November 2013 completion: January 2016 40 MWe Straw up to 20% wood chips Developers: ERE Plant owners: ERE, UKGIB, BWSC Investec, UKGIB, Gravis, EKF Contract start: July 2013 completion: December 2015 15.8 MWe + 6.1 MWth Recycled wood Developers: El Paso, CBPF, BWSC Plant owners: CBPF, Coastal Power Panama Generation, IFU, BWSC KfW Contract start: December 2001 completion: December 2002 O&M contract: BWSC, 14 years 53.5 MWe Developers: BWSC, Redox Plant owners: BWSC, Redox, AIIM, IFU IsDB, ICD, BOAD/EKF, OFID Contract start: June 2017 completion: Expected October 2018 O&M contract: BWSC, 13 years 82 MWe Developers: BWSC, Aldwych Plant owners: BWSC, Aldwych, FMO, IFU DEG, Proparco, EAIF Contract start: October 2008 completion: May 2010 O&M contract: BWSC Aldwych, 20 years 90 MWe Developers: Deutz UK, BWSC Plant owners: Deutz UK, IFC, DEG, CDC, BWSC, IFU, Nissho Iwai, John Keells Holding IFC Contract start: June 1997 completion: June 1998 O&M contract: BWSC Deutz, 10+10 years 51 MWe 4 5
EPCENGINEERING, PROCUREMENT & CONSTRUCTION O&MOPERATION & MAINTENANCE As a turnkey contractor, BWSC takes responsibility for: Plant design engineering management Procurement of equipment materials Testing commissioning Construction schedule guaranteed completion date Performance guarantees for Production Heat Rate Emissions Lube oil consumption Advantages for stakeholders: Equity contribution Tailor-made optimised technical solutions Secure aligned interest with investors Supervision of complex technical tasks Management of interfaces Compensation for late completion Mitigation of technology risks BWSC takes responsibility for: Plant management, operation maintenance Sourcing delivery of spare parts Sourcing delivery of consumables Health safety as highest priority Performance guarantees for Production Heat Rate Emissions Lube oil consumption Advantages for stakeholders: Competitive OPEX Predictable lifetime costs Mitigation of operating risks Continuous optimisation of the plant Sustained asset value through best practice operation maintenance Maximum return on investment (ROI) 6 7
Burmeister & Wain Scinavian Contractor A/S Gydevang 35 DK-3450 Allerød Denmark Phone: +45 4814 0022 Fax: +45 4814 0150 bwsc@bwsc.dk bwsc.com International sales offices BWSC Panama Panama City, Panama Phone: +507 264 2886 BWSC United States Houston, Texas, United States Phone: +1 713 467 5277 FACTS ABOUT BWSC World-leading turnkey EPC contractor service provider for diesel, natural gas biomass baseload power plants for electricity generation thermal energy production More than 180 power plants designed supplied in 53 countries Two decades of experience in operation maintenance of power plants A comprehensive range of power plant support services, from spare parts to complete rehabilitation Training programmes for all aspects of power plant operation maintenance Extensive experience in financing developing of power plant s Headquarters in Denmark widespread international sales support network 900 employees in our main office on power plants around the world 100% subsidiary of Mitsui Engineering & Shipbuilding Co. Ltd., Japan Certified according to ISO 9001 OHSAS 18001 Long-sting AAA rating by Dun & Bradstreet 2016 revenues: EURm 395 Burmeister & Wain Scinavian Contractor A/S 06/2017