With over 9 years direct experience in renewable energy and corporate finance across the advisory, banking and industry viewpoint we are ideally placed to advise independent & community developers from project conception through to project realisation and beyond.
Our clients in this space include Banks, Equity Funds, Semi-State Bodies and Private Developers.
FINANCIAL MODELLING – We have a proven track record in delivering robust financial models for renewable energy projects. These models are used to raise senior debt into the project and other external equity if required. We will continually monitor and update these models as the project progresses and we firm up on the underlying assumptions. This model will be used to benchmark the performance of the project against the actual outturn in future years.
VALUATIONS – We are one of a few regional accounting firms that provide valuation services to the renewable energy sector. We can assess the project utilising various different valuation methodologies to give you an up-to-date market opinion on the value of your asset.
TRANSACTION ADVISORY – Whether you are selling, purchasing or constructing a renewable energy asset we can act on your behalf to help drive the, we have experience in dealing with the financial aspects of share purchase agreements, asset purchase agreements along with the negotiation of key financial terms in the project finance documents include Facilities Agreements, Power Purchase Agreements, Supplier-Lite Services Agreements and the various construction & maintenance contracts.
CAPITAL ALLOWANCE REVIEWS – Wind farm, solar farm and biomass projects attract what is commonly referred to as Plant & Machinery Capital Allowances. This is a complex area of tax and requires detailed analysis with input from the project engineer. Failure to properly size the quantum of Capital Allowances can have negative financial consequences for the project.
COVENANT MANAGEMENT & PERFORMANCE– As part of your Senior Debt Facility Package the Bank will expect certain financial data and tests to be carried out on a periodical basis. We are ideally placed to manage this process for you. We can prepare and submit covenant tests on your behalf and provide all additional financial information that may be required.
FINANCIAL CONTROL – We utilise the latest cloud technology to ensure our renewable energy clients have a near real time view of their financials. Cashflow management is critical both in the construction and operational phases of the project. Having a strong handle on cash flow will ensure you have sufficient cash available to service debt and key costs in the project.
STATUTORY AUDIT – If an audit of the company is required either by we can liaise with our independent external partner to provide this service.
EIIS FUND RAISIING – New Energy is not authorised to raise EIIS funds but we can assist developers in the preparation of the Information Memorandum which is used to market the project to investors. We also have strong links to various specialist EIIS funds that invest in renewable energy projects.