Coastal Hydropower Corporation retained Wingarra BMI to provide the design and development of a proprietary financial projection and project feasibility study software package for our hydropower operations.   This project involved ongoing interaction between Wingarra BMI and our Coastal engineers and financial personnel during all phases of the project, which was handled simply through email exchanges, telephone and Skype conference calls.   

This was a very complex project which resulted in the building of a large spreadsheet (over 30 MB) for which Wingarra BMI posted various drafts via FTP upload to a private page on its website.  Therefore members of our team were able to easily access the various draft stages of the document for input. 

Although there is a huge difference in time between our location in Canada and the Wingarra BMI office in Australia (typically 17 hours), we found that scheduling afternoon conferences on our time worked perfectly, since that time coincided with morning business hours in Australia.

We found Mr Greg O’Connor, principal of Wingarra BMI, to be very professional, timely in providing updates to the project and knowledgeable in the international financial requirements that were necessary for our applications.

Neil Anderson
Managing Director
Coastal Hydropower Corporation (www.coastalhydropower.com)
Nanaimo BC Canada
neil@coastalhydropower.com

This letter is to confirm that Coconet International Pty Ltd has enlisted Wingarra BMI for project related works.

The project was to set up a very complex analysis tool used for the corporate structuring of franchises globally. This series of spreadsheets incorporated all the known parameters and even considered the different wages, dollar values, CPI [inflation] indexing, depreciation and so forth.

I found Greg to be extremely attentive to our needs and during the many lengthy discussions over a seven month period we formed a useful and now long lasting relationship. I would have no hesitation in recommending his services to any venture, be it in Australia or offshore as he demonstrated a willingness even whilst I was doing business in Fiji.

Should you require any further validations or discussions, please feel free to contact me [below].

Tim Straatmans
Director and inventor
Coconet International Pty Ltd (www.coconet.net.au)
Boyne Island Qld Australia
Phone Australia (07)4973 8048
Phne International +617 4973 8048
Mobile 0418 792 979
admin@coconet.net.au

Based on the Gold Coast, Australia, Tidal Energy Pty Ltd is commercialising highly innovative marine current renewable energy technology.

We were greatly assisted early in our development cycle by a technology commercialisation (COMET) grant from the Australian Government. This grant was secured through the hard work and innovative business planning of Greg O’Connor of Wingarra BMI.  His work in assisting us through the application and negotiation process was first class – we would not have secured the grant without his services.

Since that time, we have engaged Greg on a number of other projects. In particular, we have used him on a number of occasions to develop spreadsheet models to assist in the evaluation of alternative commercialisation options and business models. The models Greg developed for us were very complex and incredibly detailed. They allowed us to not only calculate power output from our turbines under all operating conditions, but also to project revenue from a range of alternative revenue models, including some which included very innovative funding structures. We are still using these models today.

Aaron Davidson
Co-founder
Tidal Energy Pty Ltd (www.tidalenergy.net.au)
Gold Coast QldAustralia
info@tidalenergy.net.au