Commercial Due Diligence for a refinancing of an NWE storage operator
M&A Transactions – Energy Transition
The Engagement:
Commercial Due Diligence for refinancing
The Client:
Northwestern European storage operator
The Challenge:
Provide an independent assessment of the positioning of our client for lenders in a refinancing.
Duration:
2 months
How Energex helped:
- Provided market outlooks for NWE on the client’s key products
- Provided an overview of the storage market fundamentals underlying the client’s core business
- Conducted competitive analysis and our clients’ positioning in the local market
- Analysed the customer contracts and assessed the renewal likelihoods as well as the level of integration with their key customers
- Conducted a thorough review of the client’s business plan and its underlying assumptions and assessed their validity based on the market, competitive and customer outlooks
- Assessed the potential opportunities and client feasibility for Energy transition projects
Tangible Impact:
- Provided an independent Due Diligence report to go out to lenders
- Assisted with Q&As with potential lenders to assist them to make informed decisions
- Worked closely with the financial advisors in order to assess the business model and assumptions
- Worked closely with the client management team to help enhance their business plans and investment case