Technical Due Diligence

TNEI has undertaken a range of technical due diligence activities on behalf of investors and regulators on power related projects. These activities have either been undertaken directly for the ultimate client, or in partnership with other organisations such as Arup, Poyry and Baringa. Projects have ranged from new wind turbines and generation technology, to distribution networks and offshore transmission networks.

The following are a selection of project examples where TNEI has undertaken these activities:

Assessment of Special Loss Reduction Projects: Due diligence on behalf of a major sovereign wealth fund on a range of technical loss reduction capital projects being undertaken by a South American distribution utility that they were considering the acquisition of.  This included the evaluation of the technical proposals to ensure that they were technically viable, as well as establishing whether the costs were appropriate, and the projects would deliver the projected overall company loss reductions.

OFTO Technical Due Diligence: TNEI formed part of a major Due Diligence team evaluating the potential for investment in each of the nine transitional OFTO assets on behalf of a global financial institution.  TNEI was responsible for the assessment of risk on the electrical infrastructure and implications on availability and on-going operations and maintenance requirements. This resulted in the successful appointment of our client to three of the nine projects and being shortlisted for the remaining two project best and final offers.  To date we have also been supporting the client in with the lender risk reviews, confirmatory due diligence including site visits to the onshore and offshore facilities.  We are continuing the support through the confirmatory due diligence to get to financial close as well as undertaking due diligence on the next round of projects.

TDD for an Offshore Windfarm: TNEI has been providing technical analysis and review support to a major offshore wind developer on the electrical system design for a circa 500MW offshore windfarm for the internal Final Investment Decision.  This support has included a full review of the site design against the grid code requirements, reviewing of the reactive power capability of the site, and review of the protection coordination and harmonic compliance against the point of connection.