Due Diligence

The activity of due diligence is intended to analyze and confirm in depth the accordance and the appropriateness of a project, of a power plant or of a SPV’s structure to the main administrative, procedural, legislative and technical-planning requirements called for by the regulations of the sector, in order to assess the technical-financial sustainability of the initiative for which an interest in the acquisition or of investment is shown. The multidisciplinary activity of a due diligence for a renewable source facility has the following aims:

- Check of the set of preparatory activities to obtain the authorization (related regulations, motions, petitions put to the administrative bodies, authorizations, agreements, permissions and status of the connection to the electrical grid)

- Check of technical aspects and compliance to the regulations of the sector, with special reference to the definition of facility layout, to site roads access, project technology, environmental and landscape constraints, connection to the electrical grid and interaction with other projects realized over nearby areas

- Check, management and review of agreements with the owners of the soils involved in the works, with suppliers and so on

- Reprocessing of the input data used as a base for the project: anemometric data (wind farms), site features and radiation (photovoltaic farms)

- Check of the electricity power to be installed and of the expected energy production, deducting topographical effects and aerodynamic interference of the aero generators and of general technical losses, with a possible excess of 50%, 75% and 90% (P50, P75 and P90)

- Review of the business plan and re-calculation of financial indexes

- Check of technical-administrative documents completeness

- Identification of possible critical flaws found in the project