Renewables & Power Experience

Delphos performed financial and market due diligence for the Overseas Private Investment Corporation (“OPIC”) on a proposed $173 million greenfield ethanol production facility in Sao Paulo state, Brazil. The firm assisted OPIC with the due diligence process as OPIC considered a senior debt facility for the project. Specifically, Delphos undertook a review and audit of the pro-forma financial model and a review of financial structure and economics of the project. The project was designed to produce 130 million liters of ethanol per year.