Craigie Engineering Sales & Services Ltd (CESS) provides trusted, independent valuation services for power generation assets; helping clients determine true market value for finance, sale, purchase, and insurance decisions.

Understanding the fair, current value of energy equipment is vital for informed business decisions. Whether preparing for a sale, securing insurance, arranging finance, or assessing overall asset health, a precise appraisal ensures clarity and maximises return.

Expert, Market-Based Valuations

With over 30 years of global experience, CESS delivers valuations based on real market conditions; not outdated book figures. Our expertise spans all major technologies, including:

  • Gas Turbines

  • Steam Turbines

  • Full Combined-Cycle Power Plant

  • Diesel and Gas Engines

  • Transformers and Ancillary Equipment

Each valuation considers:

  • Current market trends and global supply-demand dynamics

  • Equipment age, condition, and maintenance history

  • Technical specifications and operational performance

  • Relocation, installation, and logistics costs

  • Comparable sales data from CESS’s database of over 6,500 equipment units worldwide

Why Choose CESS

Accurate, independent appraisals help owners, lenders, and insurers make better decisions:

  • For sales: Establishes a realistic market value, avoiding overpricing that can deter buyers while supporting transparent negotiations and maximising return.

  • For purchases: Confirms that assets are fairly priced and represent sound investments, reducing the risk of overpayment or unforeseen costs.

  • For finance: Strengthens lender confidence and enables accurate, asset-backed funding decisions.

  • For insurance: Ensures appropriate coverage levels and simplifies claims in the event of loss or damage.

Ultimately, a CESS valuation gives you confidence and clarity — supporting smarter investment, maintenance, and asset management strategies while maximising value and minimising risk.

The CESS Valuation Process

1

DATA GATHERING

Comprehensive collection of technical, operational, and historical data for each asset.

2

INSPECTION

Where appropriate, CESS may conduct on-site or remote inspections to assess asset condition and operating potential. In some cases, a remote appraisal is sufficient, CESS will advise the most suitable approach based on scope, location, and data availability.

3

MARKET ANALYSIS

Assessment of current market conditions, recent transactions, and comparable assets using CESS’s extensive global network and proprietary database.

4

REPORT DELIVERY

Clients receive a clear, comprehensive report detailing fair market value (FMV) and, where required, forced liquidation value (FLV), orderly liquidation value (OLV), and other relevant valuation metrics, along with contextual analysis and recommendations to optimise asset value.

Trusted, Independent Advice

Every CESS valuation combines technical rigour, real-world insight, and decades of experience; giving clients accurate, impartial, and market-tested advice they can rely on.

We certainly do appreciate your appraisal with regard to the surplus GE 7FA gas turbines we engaged you to value. We need to be able to rely on the advice of market specialists like CESS, especially in niche markets like this one. If it wasn't for your quick reaction to changing market conditions, we might have made a big mistake! Thanks also to Ken, George, David, Linda and the rest of your staff involved in this assignment. I am hopeful we can use your services again in the future.

Bank of America - USA

Chris Wall, Vice President (Equipment Management)
Valuation

In March 2000, PSEG Global appointed CESS as our evaluation consultants. We are pleased to confirm that the services provided by CESS during the co-ordination of the site visits and subsequent liaison with the OEM and other potential contractors for the dismantling, overhaul and relocation of the plant into Italy were efficient, diligent and most valuable. We would be accordingly be pleased to recommend CESS to any potential client in this or similar capacity and from their professionalism and track record we have every confidence in their overall project capabilities in this type of engineering support.

PSEG Global Ltd - UK

Dominique Chaniolleau, Director - Technical Services
Brokering