AFFAR CFO

Privatisation move begins with Partnerships

When Papua New Guinea Power Limited (PPL) signed an MOU with Trans Wonderland Limited (TWL) to pave the way for affordable, reliable, and sustainable energy, it signaled more than operational collaboration — it hinted at strategic reform in motion.

From a Fractional CFO perspective, this partnership could well be the forerunner to a management buy-out (MBO) or a partial privatisation, where equity ownership begins to shift towards private participation.

This is how major transformations begin — quietly, through partnerships that bring capital discipline, efficiency, and shared accountability into public enterprises.

As a nation, PNG is entering a pivotal stage in its economic journey where capital allocation, governance, and strategic investment must work hand-in-hand to drive value creation and sustainability.

Private participation in state-owned enterprises, if structured correctly, can:

Inject much-needed capital for infrastructure upgrades

Introduce performance-based management

Reduce fiscal burden on government

Improve service reliability and financial transparency

However, the success of such a transition depends on valuation integrity, transparent governance frameworks, and stakeholder alignment — areas where financial leadership is crucial.

As Fractional CFOs, our role is not just about numbers; it’s about guiding capital to its highest purpose — enabling growth, accountability, and sustainability.

🔹 Affordable. Reliable. Sustainable energy isn’t just an operational goal — it’s a financial architecture that demands bold, forward-thinking reform.