Grid Connection
Red Flag Due Diligence

Identifying the key issues up front is essential in enabling you to take control and shape the acquisition conversation.

ENERGY STORAGE
griDD

your due diligence, our connections expertise

As an investor you can:

  • Have increased confidence in project deliverability, cost and timeframes

  • Suffer fewer write-downs from underperforming projects

  • Reduce the risk of abandoned project write-offs

  • Have greater operating revenue certainty

The difference in numbers:

  • More than 100 connection offers reviewed per annum, so we know what great looks like

  • Catastrophic risks identified in 7% of reviews

  • Project-saving offer rectifications found in 10% of reviews

You need the very best specialist (not generalist) grid connections expertise to reliably uncover any red flags and get a clear picture of your potential investment.

Risk mitigation
Risk mitigation

You need the very best specialist (not generalist) grid connections expertise to reliably uncover any project-breaking holes and get a clear picture of your investment. Our specialist and expert reviews can reveal them.

The challenge

  • As grid connections get increasingly more complex, specialist technical expertise is required to identify, evaluate and understand costs and risk

  • Is the connection offer fit for purpose? An offer is only as good as the application submitted. Offers with concealed ticking-timebombs may reveal their catastrophic risk before financial close, before construction… or after

  • Developers and investors should not take connection offers at face value:

    • Connection timeframes in the grid offer may be subject to change
    • Out-turned grid costs can differ significantly from an early stage grid offer
    • Curtailment reports are not necessarily reflective of a likely reality
    • Significant outage risks may not have been identified
    • You may be incurring hidden liabilities in the form of securities and cancellation charges
  • Those acquiring energy schemes could thus suffer financial and reputational damage if the schemes don’t deliver against expectations – or even worse, fail entirely.

The solution

Our Connectologists® have decades of unrivalled experience in connection applications, offers and the connections journey. They know what to look for, can spot what vital information is missing and can flag what missing information or issues could be key to the valuation, success or failure of a project. As well as being out-and-out technical experts, they have a strong understanding of the commercials associated with projects and, therefore, the levels of risk of the various technical elements.

We understand that it can be challenging to identify all the issues that may be lurking in the information provided by vendors – and, more often, in the information that is missing or not provided. There are very few experts with the depth of technical, commercial and regulatory network and grid connections knowledge who can assess connections and uncover hidden issues.

We are trusted and valued by a rollcall of the UK’s leading property and energy developers and investors who are acquiring project rights, ready-to-build schemes or those completing post-construction.

Who does the work?

Our extraordinary team of Connectologists® have the hands-on technical, commercial and regulatory experience of the highest order – having held responsibility for many thousands of EHV offers and applications.  They are tenacious, diligent, self-assured and professional – and they are on your side.

Some of our current red flag due diligence projects

  • CP - Dev - Red flag DD

Initial Red Flag Due Diligence 49.9MW at 33kV for a developer in Perth and Kinross

  • CP - Dev - Red flag DD

Initial Red Flag Due Diligence 49.9MW at 33kV for a developer in Ayrshire

  • CP - Dev - Red flag DD

Initial Red Flag Due Diligence 45MW at 33kV for a developer in Aberdeenshire

  • CP - Dev - Red flag DD

Initial Red Flag Due Diligence 30MW at 33kV for a developer in Lancashire

  • CP - Dev - Red flag DD

Initial Red Flag Due Diligence 99.9MW at 132kV for a developer in Greater Manchester

  • CP - Dev - Red flag DD

Initial Red Flag Due Diligence 40MW Gas Peaker at 132kV for a developer in Bridgend