Project Experience

Capital Power Due Diligence- Project Aqua

Date:

Dec 2011 - Apr 2012

Client:

Eagle Creek Renewable Energy

Midgard was engaged to support Phase 1 due diligence for the potential acquisition of Capital Power LP’s Miller Creek and Brown Lake hydroelectric facilities.
Midgard’s contributions included:

  • Electricity Price Forecasting – Developed revenue projections for Miller Creek using Mid-Columbia electricity index price forecasts.
  • Business Issue Analysis – Evaluated power contract structures, stakeholder factors, and BC Hydro’s supply-demand outlook.
  • Technical Review Summary – Conducted a high-level review of hydrology, operations, and maintenance concerns.

These insights informed Eagle Creek’s acquisition decision-making process.