Moray Energy

What Moray Energy does

Moray Energy is a privately held Chilean energy and business development consulting firm founded in 2013 by electricity-sector executives, headquartered in the Las Condes district of Santiago. The firm provides specialized advisory services to the Latin American electricity sector with a focus on Chile, organized around two integrated practice areas: energy market and regulatory consulting, and business development advisory. Core service modules cover market analysis, regulatory framework assessment, electrical system modeling (including long-term SEN analysis and flexibility cost quantification), financial modeling for asset valuation and project evaluation, PPA and supply contract negotiation support, project structuring and financing advisory, transmission and distribution planning, and M&A due diligence and transaction support. The underlying technology stack is built around proprietary electricity system modeling, economic dispatch simulation, and financial valuation models rather than a software platform; deliverables are advisory reports and expert analyses produced by senior consultants.

The firm serves enterprise-scale clients across four primary segments: large multinational and local electricity generation companies (e.g., Engie, AES Andes, Innergex, EDP Renewables, Mainstream Renewable Power, Repsol-Ibereolica); private equity and investment funds (EIG Partners, Citi, Greenhill-Allianz); large industrial electricity consumers including mining conglomerates (Codelco, Consejo Minero, Metro de Santiago, Copec); and government and industry-association entities (Comision Nacional de Energia, Asociacion de Generadoras de Chile). Revenue is generated through project-based consulting engagements billed on a quote-per-engagement basis, with no publicly disclosed pricing. The senior leadership team of four named individuals—Rodrigo Quinteros (Director and co-founder), Sebastian Mocarquer (Director and founder of Systep S.A.), Derek Martin (Senior Associate Advisor), and Sarai Yorio (Assistant)—brings combined experience administering over $5 billion USD in energy projects, closing $5 billion USD in financing, and negotiating 1.8 GWs of long-term PPAs. Strategic partnerships with PSR (electricity market modeling), MIT, and Universidad Pontificia Comillas de Madrid underpin the firm's analytical capabilities, particularly on high-renewable-penetration market design. Distribution is entirely direct, leveraging the founding team's professional network, industry publications, and conference presence (including IEEE Power & Energy Society General Meeting) to source engagements.

Name

Moray Energy

Legal name

Moray Energy

Website

https://morayenergy.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Moray Energy is a Chilean energy consulting firm founded in 2013 that advises electricity generation companies, private equity funds, large industrial consumers (mining), and government on market analysis, regulatory frameworks, financial modeling, PPA negotiation, and M&A due diligence across Latin America.

Ownership category

akta.pro rank

Product category

Energy Market Advisory

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111)

SIC

Electric, Gas & Sanitary Services (4900), Electric Services (4911)

akta.pro primary industry

Energy Systems & Power Engineering Consulting (BPAHAIAG)

akta.pro secondary industries

Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG), ESG Strategy & Materiality Assessment (EUAHAJAA)

Keywords

• Energy market advisory
• Electricity sector consulting
• Power systems analysis
• Regulatory advisory services
• Renewable energy consulting

Headquarters

HQ city

Las Condes

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Consulting Services: Advisory services including market consulting, business development advisory, and regulatory analysis provided to energy sector participants. Revenue generated through project-based consulting engagements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Moray Energy provides specialized advisory services to participants in the Latin American electricity sector, with a focus on Chile. Its practice covers market and regulatory analysis, electricity system modeling, project development support, financial modeling, contract negotiation, and M&A due diligence. Services are delivered by senior consultants to energy generation companies, private equity funds, large electricity consumers (including mining companies), and government/regulatory bodies.

Product overview

Moray Energy is a specialized consulting firm serving the Latin American electrical sector since 2013. The company operates as a single integrated advisory practice organized around two core service areas: energy market consulting and business development advisory. The consulting services include market and regulatory analysis, electrical system modeling, investment analysis, and strategic business support. The business development arm offers project development advisory, financial modeling, transaction support (M&A), and contract negotiation services. Rather than a software platform with modules, Moray Energy provides professional advisory services delivered through teams of specialized analysts and consultants, with capabilities spanning renewable energy project analysis, power purchase agreement negotiations, transmission studies, and decarbonization strategy. The firm does not offer proprietary software products but instead delivers expert analysis and advisory reports to clients including multinational generation companies, project developers, private equity funds, and large electricity consumers.

Differentiator

Problem solved

Functional benefit

Products and services

• Energy Consulting (Consultoría Energética)

Quantifiable outcome

• Over 300 advisory projects completed
• +2 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• PSRcoreStrategic or Co-development Partner · 1 January 2013Strategic partnership with PSR, a specialized consulting firm in electricity markets. Moray and PSR have collaborated on major studies including the 'Long-term Analysis for the Chilean National Electricity System Considering Variable and Intermittent Energy Sources' for the Association of Generators of Chile. The partnership combines deep expertise in electricity system modeling and market analysis.
• MIT (Massachusetts Institute of Technology)coreStrategic or Co-development PartnerCollaboration through Carlos Batlle, academic and researcher from MIT and Universidad Pontificia Comillas de Madrid, on studies regarding international review and proposals for market design with high penetration of variable renewable energy.
• Universidad Pontificia Comillas de Madrid (IIT Comillas)coreStrategic or Co-development PartnerAcademic partnership for studies on market design with high penetration of variable renewable energy, developed by IIT Comillas in collaboration with Synex and Estudios Energeticos.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• PSR: Brazil-based specialist consultancy in electricity-market modeling and energy planning. PSR is Moray's strategic partner on the long-term SEN study for the Generadoras association and offers the same deep technical/regulatory advisory stack for Latin American power markets.
• Systep S.A. Chilean electricity-market consultancy founded and still led by Sebastian Mocarquer (also a Moray co-founder). Systep and Moray share identical end markets (Chilean generators, large consumers, regulators) and overlapping service lines (regulatory analysis, market design, due diligence), making them the closest direct comparables.

Broad incumbents

• ICF International: Global consulting firm with a sizable energy practice covering market forecasting, regulatory analysis, and clean-energy advisory. Competes with Moray on Latin American power-market studies and infrastructure due diligence for multilateral and PE clients.
• Baringa Partners: Specialist energy and commodities consultancy with deep power-market modeling capability. Overlaps with Moray on electricity market design, flexibility analysis, and PPA advisory for utilities and developers active in Chile.
• Deloitte (Energy & Resources): Big-four advisory with Latin American energy and renewables practices delivering transaction due diligence, market studies, and regulatory advisory to the same client set as Moray (utilities, developers, PE).
• Wood Mackenzie: Global energy research and consultancy firm covering renewables, power markets, and energy transition. Competes with Moray on commercial due diligence and market outlook mandates from international PE and corporate clients evaluating Chilean/LatAm assets.
• McKinsey & Company (Energy Practice): Global management consultancy with a dedicated Power & Renewables practice serving utilities, developers, and investors on strategy, M&A, and energy transition. Often invited alongside or instead of Moray on large strategic mandates from Engie, AES, and Copec-type clients.
• Boston Consulting Group (Climate & Sustainability): Global consultancy with energy-transition and sustainability practices that overlap with Moray's decarbonization strategy, market advisory, and large-consumer mandates in Chile and the broader region.

Others

• Centro de Energía (Universidad de Chile): University-affiliated research center producing Chilean power-market studies, regulatory analysis, and policy papers. Not a commercial competitor but a thought-leadership comparator whose publications influence the same regulator and association clients Moray serves.

Emerging players

• Quantum S.A. Chilean-based energy and environmental consultancy serving utilities, regulators, and large consumers with technical and regulatory analysis. Comparable in size and scope to Moray's regional footprint, with overlapping focus on Chilean electricity-sector advisory.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/morayenergy
• LinkedInlinkedin.com/company/moray-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moray Energy