Our technical due diligence services bring together document reviews and, where needed, site inspections to support the assessment of an investment.
In a solar due diligence we go to site and examine the plant in place. Our aim is not to pass judgement on the plant but to set out its technical condition, so that the investment decision rests on it. The technical due diligence checklist is set for each transaction, from the documents to be reviewed to the measurements to be taken on site.
Carried out for investors, financial institutions and buyers, these reviews can also form the technical side of a lenders' technical advisor (LTA) role. The technical due diligence report sets out the plant's technical condition and our findings for the investment decision.
We go to a built plant and examine the site in person. Where useful we take drone photographs of the plant and base part of our assessment on them.
We assess the existing project documents, ground surveys and other technical records against one another.
We go through an energy yield study prepared by another firm, such as the one a lender reads in a bankability report, and assess its assumptions.
Before an acquisition we carry out visual and electrical inspections at the plant and record its technical condition.
Our deliverables are set by the scope of each job; we do not hand over the same report package on every project.
We state which documents were reviewed, what was done on site and where the review's limits lie.
We compare the project documents and technical records with one another and record the gaps and contradictions.
We present the results of our visual and electrical inspections on site together with the measurement conditions.
We explain, in our engineering opinion, what the findings mean for the plant's technical condition.
We bring the findings an investment decision can rest on together in a short, clear summary.
Lender's technical advisor · IEC 62446-1 · IEC 61724-1 · IEC 62548 · IEC 61724 · Our accreditation scope
Türk Telekom · Turkcell
Türk Telekom and Turkcell are bringing solar into the energy supply behind their networks. We helped them pursue that ambition with a clearer understanding of their investments and confidence in the power plants behind them.
In a technical due diligence our job is not to pass judgement on the plant but to set out what we find on site and in the documents clearly enough for an investment decision to rest on it.
Investment and Audit
Investment and Audit