In Phase 1, a 3.5-month study, the consulting team recommended Empire International refocuses on the core business of Designing-Building-Operating-Maintaining (DBOM) Gx-Tx-Dx infrastructure.
Empire International is a power company created to invest in non-regulated businesses. All these investment markets exist outside of the parent company’s local market.
Since Empire Int.’s founding, that core/local market has undergone a shift where there is renewed focus on expanding and maintaining the crumbling and outdated infrastructure base to meet surging electricity demand.
Unless Empire Energy, Empire International's parent company, focuses on meeting rapidly growing energy demand, electricity blackouts remain a real threat that will impact the countries productivity and attractiveness for FDI.
Yet Empire Energy does not have the skills to do all the DBOM work and does see the emergency of rebuilding the infrastructure.
Therefore, Empire Int. Is recommended to become the in-house construction arm of Empire Energy to build new power stations and transmission lines, and prepare for a smart-grid increasingly powered by wind, solar and other renewables, while the parent company does not endorse the plan - yet.
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