Technical due diligence

An independent review of a renewable energy asset or portfolio for investors, lenders and acquirers: design, energy yield, equipment, contracts, permits and operating performance.

When to commission it

Before investing in, lending to or acquiring a project, portfolio or developer.
A lender requires an independent engineer's report as a condition of financing.
An operating portfolio is underperforming and the cause is unclear.

Scope

Review of design, layout and electrical configuration.
Independent energy yield assessment or review of the developer's estimate.
Assessment of main equipment, suppliers, warranties and certificates.
Review of EPC, O&M, lease and power purchase contracts from a technical perspective.
Review of permits and regulatory status.
For operating assets: performance analysis against expected yield and site sampling.

What you receive

Due diligence report with executive summary and a table of key issues and risks, each rated with a recommended mitigation.
Technical inputs for the financial model.