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Onshore Wind
Developers
29th October 2024
Financial investors
Overview
At every stage of a project, you need certainty about its potential and to understand the opportunities and risks associated with its purchase.
Our specialist technical advisers are here to provide the evidence you need to make confident, informed decisions. We comprehensively explore all technical factors influencing costs, revenue forecasts and risks. We’re experienced in dealing with complex portfolios including assessing the impact of multiple sites and interlinked technologies.
Tight due diligence deadlines make speed as essential as thoroughness. Our bespoke approach combines these two requirements, providing high quality, red-flag reviews to meet strict schedules.
Key Features
Due diligence you can rely on
1
Real-world expertise
Our project teams bring hands-on experience of project development and delivery, providing practical experience of planning, construction and operational risks and mitigation strategies.
2
Clarity on critical insights
Our tried and tested approach provides you with succinct, focused reporting and transaction risk registers. This allows you to quickly identify and understand risks, key value drivers and solutions.
3
A bespoke service
We draw up tailored scopes of work to match the type and status of your prospective asset and your specific investment needs and objectives.
4
Beyond acquisition
Benefit from our end-to-end service offerings and experience a seamless transition into construction or asset management services, thanks to the combination of key staff within our due diligence project teams.
Our Services
Make informed decisions about your project
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Lease agreements and plans assessment
These focus on the technical aspects of a project, including access routes, grid routes, project layouts, permitted use construction requirements and decommissioning requirements to ensure you have the land required to build your projects.
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Grid connection
Review and negotiation of grid connection offers, including technical requirements, key risks, programmes and costs.
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Planning consent compliance
Review of planning consent compliance status and risks, including support with condition discharges.
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Project agreements
Review and negotiation of key project agreements, including solar EPC, BESS EPC, wind turbine supply agreements, balance of plant contract, O&M agreements and asset management agreements.
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Review of construction programmes
Review and advice on mitigation of key time and cost risks in parallel with key agreements reviews.
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Cost and performance
Advice on critical cost and performance assumptions, such as energy yield.
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Repowering
Assessment of additional value through our repowering and life-extension studies.
Recent projects
Wind farm construction
We carried out acquisition due diligence for Ripple Energy on an 18 MW wind farm. After successful purchase, we took on the role of Lender’s Technical Advisor for financial close and construction monitoring.
Reconditioned turbines
We provided lenders’ TA for a consented wind development at Strathallan which is deploying refurbished multi-megawatt scale turbines. Besides reviewing agreements and costs, we assessed the long-term reliability risks of reconditioned turbines and recommended ways to mitigate them.
Complex portfolio
Our client was the potential purchaser of a 250 MW portfolio of wind farms at different development stages. We assessed risk for each project’s consent, and opportunities to optimise each development. We also assessed grid connection costs, timescales and export capacities.
Swift review
We carried out a speedy red flag review followed by detailed acquisition due diligence for a portfolio of three operational wind farms, totalling 28 MW capacity. We focused on historic performance, key project agreements, planning compliance risks and proposed turbine upgrades.
Solar site acquisition
Our client planned to acquire a 42 MW consented solar PV project in South-West England. We completed successful acquisition due diligence, working closely with the client to identify risks and opportunities to maximise performance.
Enquiry Form
Contact our experts
Our experts can provide support for every stage of your project’s lifecycle. Find out how we can support you and your business to achieve your renewable ambitions.
