Hatch has performed independent engineering services for a wide variety of power, electric transmission and distribution facilities throughout the world. We understand the need to identify technical risks associated with project costs, performance, operation and environment, and to work with lenders, project sponsors and/or other parties in developing viable solutions to mitigate technical risks.
We typically review and assess:
- Participant qualifications
- Civil, structural, mechanical and electrical design
- Contract terms and conditions
- Agreements and their overall consistency
- Environmental studies and permits
- Capital and operating costs and construction schedules
- Hydrology and reservoir operation
- Energy Generation Projections
- Project pro forma
- Construction management practices
- Startup and performance testing
- Operation and maintenance.
Other related services that we provide in support of our independent engineering review include condition assessment, evaluation of remaining useful life, formulation of capital investment plans and risk assessments and energy market price assessments or reviews. Before equity investors and lenders decide to commit to a project, we perform fatal-flaw analysis. For project sponsors, we provide revenue enhancement and cost reduction strategies. We also work with certified appraisers in appraising the value of power and transmission assets.
