Further energy experience at Mazars

In addition to our principal activities in the renewable energy sector, Mazars has also worked on mandates relating to non-renewable thermal power plant, as well as energy efficiency and hydro-electricity projects.

Conventional energy generation

  • Focus on Africa: examples of our project transaction engagements include-
    • financial model audits, tax and accounting due diligence, forensic review of development costs for large-scale combined fuel and gas thermal power projects in Ghana
    • financial modelling for sponsor bidding for Namibian peaker power plant IPP
    • operational project model audit, tax and accounting review for CCGT plant in Morocco
    • financial model audit of methane-fired power plant in Rwanda
  • Model audit and tax review of oil-fired power plant in French overseas department and overseas territory in the Caribbean
  • Model audit in relation to the refinancing of a 600MW coal-fired plant in Northern Ireland

Energy efficiency

  • A report for an international financial institution on the use of financial guarantees and other instruments in the context of energy efficiency and CHP projects across Europe
  • Debt-raising and structuring advice to a private sector bidder for NHS energy efficiency contracts
  • Accounting advice and opinions in relation to a variety of project structures
  • Accounting advice to an industrial provider of energy efficiency solutions, identifying the key factors that would need to be incorporated into the arrangement in order to take finance off-balance sheet


  • Valuation of UK small-scale hydro projects for an infrastructure fund
  • Model build and financial advice in relation to a $60m hydro-electric project in Latin America