Asset Management & Admin Services

BioTherm Asset Management and Administration Services

The BioTherm Asset Management and Administration Services (BAMAS) Company was established in 2012. The company is run by an experienced team providing asset management and admin related services to the projects (including Economic Development). BAMAS has secured 20 year Asset Management and Admin services contracts for the three BioTherm Round 1 renewable energy projects which totaling 48.2MW. Additionally, BAMAS has the capability of outsourcing these services on other related power projects which typically entail:

  •   Accounting and tax services;
  •   Statutory financial reporting obligations;
  •   Lender and stakeholder reporting;
  •   Economic Development reporting;
  •   Energy production reporting;
  •   Buyer and DoE reporting; and
  •   Insurance placement and claims management.

 

BAMAS has extensive asset management experience and capacity to provide clients with a tailored service which include amongst others:

  •   Life Cycle costing and optimization;
  •   Routine and Breakdown maintenance management;
  •   Spares holding and optimization;
  •   Remote monitoring and conditioning monitoring;
  •   Incident investigation and analysis;
  •   Hourly, daily and monthly reporting to the Buyer and Seller in accordance with the PPA and IA; and
  •   Liaise with the Independent Engineer, Seller and Buyer in order to manage revenue payments, claims, inspections or investigations effectively.

 

BAMAS has extensive project administration experience and capacity to provide clients with a comprehensive tailored service which include:

  •   Project Accounting and reporting – management accounts, statutory reporting;
  •   Management of project VAT refunds and Income Tax obligations;
  •   Lender and stakeholder reporting;
  •   Economic Development Project Management – Reporting obligation, community engagement and project identification together with implementation and monitoring;
  •   Energy production reporting; and
  •   Buyer and Seller reporting.

Get in touch

BioTherm Energy
Building 1,
Ground Floor Design Quarter District
Leslie Ave East, Fourways
2055
South Africa
+27 (0) 11 367 4600