Renewable Energy
Renewable energy is more than an investment in our environment – it can materially reduce the average cost of an energy portfolio and provide important sustainability benefits if properly structured and negotiated. Opportunities to meet climate commitments are widely available through renewable energy transactions and development. Additionally, thermal requirements and generation can be fed with clean natural gas where emissions are offset by technology and carbon reduction projects.
Renewable transactions and development are complex structures designed to provide direct access to generation assets over a long-term. These contract structures require the negotiation of terms and risks that are not typically seen in retail energy strategies and transactions. GreenSky has extensive experience with renewable energy Power Purchase Agreements (PPA), construction agreements (EPC) and other infrastructure including laterals, substations, interconnects. We work with business stakeholders and legal counsel to protect the interest of our clients.
GreenSky uses a proven approach to structuring a successful renewable energy project including:
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Independent project valuation to establish expectations for project costs, developer/finance returns, and operating costs producing a strong value proposition for purchasers
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Due diligence on technologies, supply plans and project siting
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Investment committee and board-level approval support to build consensus on project value
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Identification and vetting of 3rd party technology providers and installers
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Experienced negotiations of contract terms to ensure project and performance risks are properly borne by the provider and the value proposition to the purchaser is maximized