Business case
Our client sought to acquire a portfolio of renewable energy assets. The portfolio, with a total installed capacity of 400 MW, included projects in three EU countries with different statuses and regulatory frameworks, affecting dispatch priority and potential revenues.
Our analysis normalised historical earnings, quantified commitments and contingent liabilities, and highlighted regulatory differences affecting dispatch priority and revenues. The report and oral presentation to the board summarised key risks and valuation insights, enabling a confident investment decision.
We assessed the status of each project (ready-to-build, under construction, commissioning, operational), reviewed the financial position of the target, and evaluated fair market value using an adjusted business plan reflecting project-specific risks and timelines.