MRC worked in the consortium that advised the Government of Cyprus and EAC on the advantages and disadvantages of all possible options/scenarios regarding the future ownership status and structure of the vertically integrated utility EAC. The context was the search of higher performance levels and the compliance with the EU Energy Acquis, notably the Third Package.
Different unbundling solutions and private sector participation schemes were analysed, together with a market sounding exercise among potential private sector investors in the company and a quantitative evaluation of the operational and financial implications.