Case Study

Valuation of a peak power generation portfolio for purchase price allocation purposes

Brief

Given Singapore-based Sembcorp Industry’s £216million acquisition of UK Power Reserve, a valuation was required of over 250 gas and diesel generator Sets, across 32 sites within the UK, equating to over 1000MW of power capacity.

Work

A detailed analysis of the UK peak power market was performed. Given the different types of generator sets within the portfolio, extensive research was completed into the demand for a range of manufacturers and output capacities.

Outcome

A thorough and detailed valuation report was supplied to our client. The report was rigorously tested through a top four accountancy audit review.

Testimonial

Sembcorp Industries (Sembcorp) has today reached an agreement to acquire the business and assets of Solihull-based UK Power Reserve (UKPR), the UK’s largest flexible distributed energy generator for £216 million. The deal gives Sembcorp an additional capacity of over 1,000 megawatts (MW) in the UK, where it currently supplies energy, centralised utilities and services to industrial firms on Teesside. UKPR’s highly flexible distributed energy generating assets are spread across 32 locations in England and Wales and comprise 533 MW in operation with a further 480 MW in construction and development expected to come online by 2019.

Insights

News & Case Studies