Sell-Side Asset Valuation - New York

Status: Completed

Client: Major Investment Bank & Utility

Summary: ESAI conducted a full scale asset valuation and advised client on the economics around the divestiture/sale of a very large generating asset in Zone J in New York, providing some 20% of the power for New York City.

  • Provided; price forecasts for Zone J vs. ROS, gas and fuel price forecasts, capacity market outlooks, capacity factors, O&M costs, cash flow analysis and NPV based on energy/capacity revenues.
  • Conducted numerous interviews and walkthroughs with plant operators, investors, and traders.
  • Authored report to be included in Offering Memo to all plant bidders.

Results: Bank took asset successfully to auction and ESAI continues to provide updates to winning bidder.

For more information about ESAI Power & Renewables, please contact Director of Business Development Tommy Sutro at