Solar Farm

Sydney & Samuels International Limited

FEASIBILITY STUDY FOR SYDNEY & SAMUELS 51MW HYBRID WIND
FARM PROJECT, KWANKWASO, MADOBI LGA, KANO STATE

A Gideon Goldmann Feasibility Report

Gideon Goldmann
Feasibility Study on Proposed WTG for Sydney & Samuels by the:

Advisory

Sydney & Samuels International Limited

Table of Contents

Section 1: Introduction and Executive Summary
1.0
Report Methodology
1.1
Introduction
1.2
Project Description
1.3
Feasibility of Proposed Project: Key Issues
1.4
Project Financial Feasibility via Renewable Energy Credits
1.5
Rationale for Multiple Wind Turbine Installations
1.6
Wind Turbine Generators (WTGs) in the Global context
1.7
Overview of WTG Economics/Profitability (US & EU Scenario)
1.7.1 Capital Mix and Cost of Capital
1.7.2 Tax Benefit - Production Tax Credit (PTC)
1.7.3 Low Cost Financing Opportunities - REPI and CREBs
1.7.4 Tax Benefit - Accelerated Depreciation
1.7.5 Renewable Energy Credits (REC‟s)
1.8
Project Ownership Structure and Financing Structure Options
1.8.1 Option 1: Public Structure
1.8.2 Option 2: Private Structure
1.8.3 Option 3: Public/Private Structure

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Section 2: Project Overview and Analysis
2.0
2.1
2.2
2.3
2.4
2.5
2.6
2.7
2.8
2.9

The Project Dynamics
Project Duration
Expected Operational Lifetime of Sydney & Samuels WTG
Measurement of Electricity Output
Calibration of Meters & Metering Dispute Resolution
Monitoring Methodology
Proposed Benefits of a WTG in Kano State
Project Team
Project Vision
Project Mission

Section 3:
3.0
3.1
3.2
3.3
3.4
3.5

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Environmental Scan / Analysis

Country Overview: Environmental Analysis
Pest Analysis
GDP Trends
Contribution to GDP by Sectors
Federal Recurrent Budget Reserves
Federal Capital Budget

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Gideon Goldmann
Feasibility Study on Proposed WTG for Sydney &