Onshore wind
We are one of the leading financial model auditors in the world in the onshore wind sector, having worked on a string of high profile transactions in the past few years, including:
- Significant wind project acquisitions and financings in the UK, Ireland, Sweden, Norway, the Netherlands and France including the 144 MW Westermeerwind and 195 MW Nordoostpolder windfarm in the Netherlands
- Multiple compliant bids submitted by wind farm developers in the South African Renewable Energy IPP procurement programme, with a combined capacity of over 1,250 MW, and including two large Round 2 wind farm projects that reached financial close in 2013 (Gouda – 138MW; West Coast 1 – 94MW)
- The £300 million refinancing in 2013 by Infinis of its onshore wind projects in the UK
- The acquisition by Copenhagen Investment Partners of 49% of a 270MW wind farm portfolio – its first investment in the UK
In addition, our renewable energy advisory team has worked with developers and investors in numerous jurisdictions, providing advisory services across the project lifecycle. For instance, we have:
- Built bespoke, best practice debt and equity models for leading developers and funds in the UK and elsewhere including France, Italy, Romania and South Africa)
- Conducted valuations for funds in relation to onshore wind projects in the UK, France, Spain and the Netherlands. In total, we have valued projects worth a combined £1bn
- Provided buy-side advice to clients looking at onshore wind investment opportunities
- Helped clients to evaluate project risks and returns, structure and negotiate contracts and to assess bankability
- Provided detailed transaction and corporate tax and accounting advice in the sector