Financing Project financing was required for the development of the 1,878 megawatt (MW) lignite-fired mine mouth power plant, comprising two separate power purchase agreement for each of the Electricity Generating Authority of Thailand and Electricité du Laos. In addition, two concessionary agreements were required to develop a lignite and limestone mine. Also included in the financing were a 67 kilometres (km), 500 kilovolt (kV) overhead powerline to the Thai-Lao border, 5 km and 110 km of 115 kV double circuit powerlines to two Lao substations, two dams to serve as reservoirs for the plant’s water supply, as well as a variety of other supporting infrastructure to accommodate the development. This was the first significant project delivered by primarily Chinese-led engineering, procurement and construction (EPC) contractors for each national electric company. Black & Veatch was hired as an LTA post-financial close and selection of EPC contractors. Taking advantage of loan disbursement milestones, Black & Veatch was able to steer contractors back to a more desired schedule and influence the selection of subcontractors on behalf of the lenders. The project development was complete in 2016. Black & Veatch continues to advise the lenders on how to optimize returns over the life cycle of the power asset. 0 Related Insights How are the Largest U.S. Cities Managing Rising Costs for Water and Sewer Services? According to respondents in the 2018-2019 50 Largest Cities Water & Wastewater Rate Survey, utilities are modifying how they charge for services to address revenue stability and affordability concerns. With Grid Modernization, Utilities Poised For Most Visible Transformation The annual Strategic Directions Report series offers analysis and insights into key issues and trends facing the smart cities and utilities, electric, natural gas, and water utility sectors. Market Strives to Deliver Over Pipeline Challenges As if the persistent low-price environment wasn’t enough, rampant natural gas production in the Appalachian and Permian Basins is ramping up concern that pipeline take-away capacity can’t keep up. This comes as the United States natural gas industry prepares to enter one of its strongest growth periods to date, driven by increasing global demand for low cost natural gas supplies and growing domestic demand for cleaner energy sources. Designing Mines with Water in Mind Climate change, a growing global population and accelerating urbanization are deepening concern over the world’s water security. Southeast Asia’s Journey Toward a Cleaner Energy Future Strong economic growth, low gas prices and environmental goals are transforming natural gas demand in Southeast Asia. Related Project Stories Lifting the Burdens of Capital Improvement Programs For more than 20 years, Black & Veatch worked with the Winston-Salem/Forsyth County Utility Commission to upgrade its wastewater treatment system on a project-by-project basis. There were many short-term wins, but resilience dated master plan made the long-term a bit less clear. The real win, and biggest cost savings, required a different approach. Customer Engagement Leads to Safer Natural Gas Operations for Community Baltimore Gas and Electric (BGE) is serious about their commitment to safe and reliable operations. To bolster their residential natural gas meter protection efforts, BGE partnered with Black & Veatch on an integrated plan to relocate and safeguard meters for more than 16,000 natural gas customers in the Baltimore, Maryland, region. Integrated Waste Management Facility to set new Global Standards Innovative long-term planning and advanced engineering at the upcoming Integrated Waste Management Facility (IWMF) in Singapore will enable the island nation reap the benefits of energy and resource recovery maximisation for years to come. Marine Corps Air Station Miramar Microgrid: From Design and Construction to Operations and Commissioning The energy security microgrid at Marine Corps Air Station Miramar, in San Diego, California will provide resiliency, incorporate renewable energy, and allow operations at mission-critical facilities to continue if the utility power grid is compromised or damaged. Black & Veatch Supports the Ratemaking and Regulatory Activities of its Utility Clients Canadian utility group Fortis Inc. owns a number of gas and electric utilities across North America. Two of these utilities faced ratemaking challenges that were impacting the level of rates paid by certain customers and the utilities’ future financial health.