Case Study: Valuation of Unused CCGT Equipment for Large-Scale Energy Development
Asset: Six Siemens SGT-800 gas turbines, six HRSGs, one steam turbine and associated auxiliaries
Location: Europe, for proposed deployment in North America
Scope: Remote, equipment-only appraisal for relocation
Date: August 2025
Delivery: Five days
CESS was instructed to value an unused SGT-800 combined-cycle equipment package that had been procured for a project which did not proceed. The prospective user was considering the equipment for a large North American energy and data-infrastructure development and required a report within one week for internal financing review.
The appraisal was based on OEM documentation and a component-level review of the package. CESS considered the combined-cycle and simple-cycle reuse cases, market demand for immediately available equipment, preservation and storage, likely dismantling and transport requirements, and the relative marketability of the complete block and individual gas turbine packages.
Values were reported on the bases agreed with the client, including fair market value and relevant liquidation scenarios. The report also discussed how installation and operation could affect future marketability and value.
Outcome: CESS delivered the report within five days. It formed part of the client’s internal review before a wider US$350 million financing package was subsequently completed.