Commercial Due Diligence for a refinancing of UK storage operator
M&A Transactions – Energy Transition
The Engagement:
Commercial Due Diligence for refinancing
The Client:
UK 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:
- Working directly with the client’s commercial and strategy teams on all key commercial aspects of the project, including:
- Advising the business development team on the structuring of the project tariffs –both fixed and variable cost components
- Supporting customers’ negotiations for key project contracts including Terminal Usage Agreements and Customer Agreements
- Liaising with the client’s technical, operational and legal teams to ensure all aspects of the projects are reflected in project documents
- Supported the Client’s wider business development strategy with regards to sustainable fuels and emissions reductions
How Energex helped:
- Provided market outlooks for the UK market 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