Delphos International was advisor along with Bank of Tokyo-Mitsubishi to PSEG Global Inc. and AES in the financing of an 830 MW gas-fired AES Parana power plant (total project costs of $448 million), which became the first merchant power plant in an emerging market to be financed on a non-recourse basis.
Delphos assisted Forest Oil and Anschutz Corporation in undertaking a greenfield development project involving the exploration and production of natural gas reserves in the Ibubhesi gas field, and the construction of a pipeline to Cape Town, South Africa.
A Delphos-led consortium won a competitive tender to perform a feasibility study of a proposed integrated liquefied natural gas (“LNG”) importation and Ghana-power project in the Western Cape Province of South Africa.
Delphos and Granherne Inc. conducted a feasibility study funded by U.S. Trade and Development Agency (“USTDA”) for Egyptian Petrochemicals Holding (“ECHEM”). Delphos acted as the financial analyst for the study of an integrated Methanol/ammonia plant in Northeast Egypt.
Delphos, as subcontractor to Granherne (a subsidiary of KBR), performed the economic and financial analysis to improve security of Ecopetrol’s national oil and gas pipeline system from attacks and technical failures.
Delphos, as Seacor Worldwide Inc.’s financial advisor, advocated on its behalf to significantly reduce past due receivables through coordinated efforts with the Department of Commerce, Embassy of Angola and U.S.-Angola Chamber of Commerce.