M&A Valuations

Acquisitions, Divestments and Disposals at Any Stage of the Project Lifecycle

Acquisitions, divestments and disposals are becoming more and more competitive. With so many companies seeking entry to new and established markets, it is becoming increasingly difficult to compete whilst maintaining the balance between risk and reward. TCEF brings experience of valuing over 20GW of renewable energy projects to you across a number of different technologies, jurisdictions and stages of life cycle as outlined below:

Onshore Wind

TCEF has valued a wide variety of Onshore Wind assets. Whether subsidised with Renewable Obligation Certificates (ROCs), Feed-in-Tariffs (FiT) or Contract for Difference (CfD), from late-stage development through to end-of-life repowering, TCEF brings significant experience to these valuations and keeps up to date with the latest policy and regulations that have significant impacts on valuations. In the UK, transmission costs epitomise this. Between locations and connection points alongside Ofgem's Targeted Charging Review, transmission costs are hugely subjective and could be the make or break difference in project returns.

Offshore Wind

TCEF has valued over 3GW of Offshore Wind assets across Europe with a key focus on UK based projects. Having spent two years working on the Inch Cape Offshore Wind CfD bid, TCEF Director, Tom Charlesworth, knows all too well the critical aspects to valuation. In particular, the OFTO regime not only constitutes a separate, financeable asset, but can also constitute around 40% of project Opex. It is of utmost importance to value this with robust methodology in valuing a project that has yet to process the OFTO tender round.

Conventional Thermal

With over 4GW of Open-Cycle and Combined Cycle Gas Turbine projects reviewed, TCEF has significant experience to support your acquisition, divestment and disposal activities. Whether you are having to consider equivalent starts and running hours to building in unplanned outages, TCEF can support your process.

Other Technologies

  • Tidal
  • Pumped Storage Hydro
  • Solar
  • Biomass
  • Energy from Waste

Need M&A Valuation Support?

If you want to know more about what TCEF can offer you, make an enquiry by clicking below: