Our Project Development model offers a comprehensive and integrated solution designed specifically for Biogas, Renewable Natural Gas (RNG), and Biofuels projects. Aligned seamlessly with the Front-End Loading (FEL) methodology, it covers the entire spectrum from the initial conceptual study (FEL1) to the execution phase (FEL4).
By integrating the essential FEL principles, the model ensures a strategic, well-informed, and collaborative approach to asset development, guiding projects smoothly through diverse phases. This innovative approach transforms the development process, providing businesses with the necessary tools and expertise to navigate asset development intricacies, including permitting, proforma refinement, various agreements and contracting requirements, and project execution.
The FEL process typically starts with a brief due diligence task to assess the status of the project, whether it is a greenfield or acquisition. This is followed by the creation of a detailed project development and execution plan and roadmap. These could entail an onsite assessment and review of current project documentation and data room, followed by an initial customized project execution plan.
1. Front-End Loading (FEL1)
Conceptual Study (Project Identification Phase)
At the heart of our process lies the conceptual study for identifying distinct options available for monetizing the best value for the available waste streams, best available technologies, and initial capital and operating expenditure estimates.
2. Front-End Loading (FEL2)
Pre-Feasibility Study (Project Evaluation Phase)
We further evaluate and select the most favorable option on a techno-commercial basis that ensures the highest return on investments using FEL 2 evaluation methodology encompassing technology evaluation, risk assessment, capex and opex evaluations, permitting due diligence, as well as proforma and sensitivity analysis, among other considerations.
3. Front-End Loading (FEL3)
Feasibility Study (Project Definition Phase)
During this phase, our focus is on precisely defining the chosen option to meticulously refine the capex, opex, and proforma aspects. This entails developing more accurate capital expenditure and operating expenditure estimates, typically of investment-grade quality. Additionally, we refine technology details and design basis for the final investment decision package.
4. Front-End Loading (FEL4)
Project Execution (Project Implementation Phase)
This phase usually commences upon the final investment decision and funding approval. We focus on permitting support, technology procurement, risk management, contracting assistance, detailed engineering oversight, construction management oversight, cash flow and schedule management, performance management, and execution project management using the best IPA, CII, and PMI industry benchmark processes.
