Nigeria is undertaking an aggressive privatization plan of the electricity generation and distribution assets held up to now by the Federal Government through the Power Holding Company of Nigeria.
There has been a wealth of interest displayed by Nigerian investors to take part in the bids, however, most of these investors alone lack the technical experience in power asset operation & maintenance. To facilitate the participation of the most reputable national investors, Mercados – Aries International has been assisting several Nigerian investors in the search for first class international power utilities and technical firms.
Mercados – Aries International performed the following services:
- Search for and Recruitment of the international technical partner for the generation assets
- Negotiation of Memorandum of Understanding (MOU) and other agreements between the Investor and the Technical Partners.
- Assistance in formal meetings with Bid Agency (Bureau of Public Enterprises) and in bid strategy advisory.
