Financial Due Diligence in Renewable Energy

Financial due diligence is an important step for securing financial backing.  Most renewable energy projects and technology proposals will receive money from investors, financial institutions, or grant makers only after they pass the scrutiny of major due diligence. Securing the upfront financing and arranging due diligence, from experts or firms that can offer the most in-depth and valuable scrutiny of a process or project, can be a major undertaking for entrepreneurs or companies that are focusing most of their energies on fine-tuning their idea or technology. There is often separate commercial, technical and legal due diligence, all intended to  offer some assurance—to the developer and to the potential financial backer or institution— that the technical, financial and political risks are sufficiently low that the project has a strong chance of reaching the stage of viable and sustainable commercialization. As they say, “you only get once chance to make a good first impression”.

What about projects that are self funded?  Even companies that use their own money to develop projects are best served by having a third party conduct due diligence.  First, it will be crucial to learn from outside experts if there are any flaws or items of concern in the project.  This will save a great deal of money in the long run, and will be important in the company’s borrowing or evan at a future sale. Second, the information gathered for due diligence is, by its very nature, necessary for other stages during the life of a project (like securing insurance, permits and licenses).

Lee Enterprises Consulting (LEC) offers a wide range of due diligence services in biofuels, biochemicals, biotechnologies, biomaterials, synthetic biology commercialization, feedstocks, and hemp/cannabis.  The company has business and financial services like due diligence, feedstock availability, grants and loans and bio market research.  The company also offers technical and engineering related services like techno economic analysis, environmental evaluations, feasibility studies, risk analysis and expert witness engagements.   The company also has strategic partnerships in place to assist clients with insurance, legal, accounting, plant fabrication, feedstock procurement.   With over 150 experts worldwide, Lee Enterprises Consulting also has experts in anaerobic digestion, fermentation, biomass, conversion technologies for things like tires and railroad ties, organic synthesis, fuel additives, ethanol gas, biodiesel fuel including algae biofuels, solid state and industrial fermentation, green energy grants, ag biotech, agricultural waste, alcohol fuels, alternative proteins and animal-free products, sustainable foods, beverage fermentation, biocatalysis, biodiesel conversion, biogas production, biomass power, carbon intensity, co2 utilization, combined heat & power, Fischer-Tropsch technology, food waste, hydrothermal carbonization, industrial enzymes, landfill management, microbial fermentation, organic synthesis, plastic pyrolysis, plastic recycling, plastic waste, pyrolysis oil, reactor design, renewable identification number, the Renewable Fuel Standard (rfs2), solid recovered fuels, torrefaction and torrefied biomass, waste to energy, and waste-to-hydrogen.   This is a multidisciplinary group of green energy consultants that is a virtual “one stop shop” for any client need and handles projects of all types and sizes.

Look at our experts and the services we provide.  Most of our experts are also available to advise and serve as expert witnesses in bioeconomy litigation matters.  For the larger projects, we specialize in putting together full service, interdisciplinary teams with one point of contact.  See video about LEC here.  Call us at 1+ (501) 833-8511 or email us for more information.  See also:  Financing Green Energy Projects.