Energy case
The seller's P50 and P90 are reviewed or re-assessed. For operating assets, the operational record is used to check whether the forecast is realistic.
Mergers and acquisitions
Know what the wind assets will really produce before you price them.
Independent technical and energy assessment of wind farms and portfolios for buyers, sellers, and their lenders. Operating assets are judged on their own SCADA or DGR record, development assets on the quality of their wind resource work, and every finding is tied to its effect on value.
Buy-side and sell-sideincluding vendor due diligence
Single assets or portfoliosoperating and in development
Red flag to full reviewmatched to the deal stage
What is assessed
Operating performance
Availability history, turbine-by-turbine performance, failure patterns, and how the fleet's age is likely to affect future output.
Grid and curtailment
Historical grid backdown and curtailment, and whether the forecast treats them realistically for the years ahead.
Contract technical terms
O&M scope, availability guarantees, warranty expiry dates, and power curve terms, checked against the energy case. Legal review stays with counsel.
Remaining life and upside
Life extension needs and repowering potential, which can add value at older sites on good wind land.
Development assets
Measurement quality, long-term correction, layout maturity, and the gaps that must be closed before the project is bankable.
Scope matched to the deal stage
| Deal stage | Typical scope | Output |
|---|---|---|
| Screening and non-binding offer | Desktop red-flag review of the data room and the seller's energy reports | Short memo: key value drivers, main risks, and questions for the seller |
| Binding offer | Full technical review with re-assessed P50/P90 and operating analysis | Technical due diligence report with an adjusted energy case for the valuation model |
| Acquisition financing | Lender-ready energy case and support for the lender's technical advisor | Report and spreadsheet outputs, with answers to lender questions |
| Sale process (sell-side) | Vendor due diligence prepared before the data room opens | Vendor technical report that bidders and their lenders can rely on |
Portfolios
Wind portfolios often mix turbine models, ages, states, and data quality. Indian portfolios in particular can combine modern machines with assets commissioned in the 2000s, where only DGR data is available.
- One consistent method across every asset, so results can be compared.
- Assets ranked by energy risk and by their effect on portfolio value.
- Depth of review focused on the assets that matter most to the price.
- Portfolio-level P50 and P90 alongside asset-level results.
Frequently asked questions
Can you review the seller's consultant's energy report?
Yes. Reviewing the existing report and testing its key assumptions is usually the most efficient starting point, with a full re-assessment only where the review shows it is needed.
Do you work for sellers as well as buyers?
Yes. A vendor due diligence report prepared before the sale gives every bidder the same technical basis and reduces the number of questions during the process.
What if the data room has limited operating data?
The review works with what is available, from 10-minute SCADA to monthly generation reports, and states clearly where limited data widens the uncertainty on value.
How is the timeline set?
It depends on the deal stage, the number of assets, and the state of the data room. The scope and timeline are agreed at the scoping call to fit the bid deadline.
Can the results go straight into the valuation model?
Yes. Adjusted P50 and P90 energy figures, availability, and loss assumptions are delivered in spreadsheet form for the financial model.
Buying or selling wind assets?
Share the deal stage, the number of assets, and your bid timeline, and a scoping call will set out the review and a fixed fee.