Sigma has a long standing track record of supporting developers, investors, and financiers pursuing renewable energy projects at any stage from greenfield, partially developed and operating renewable sites by carrying out technical and financial due diligence assessments. At Sigma, we have been servicing the Renewable Energy market for nearly a decade and have amassed an enviable portfolio of successfully completed mandates of various scopes in wind, solar, biomass, geothermal and other power facilities, as well as alternative fuel supplies.

Sigma’s areas of expertise encompass the technical, commercial and, occasionally, regulatory issues to identify areas of risk relating to:

• Energy yield predictions, including assessment of the site and measured data
• Power Purchase Agreements (PPA), Tax, Credits and Subsidy schemes
• CAPEX and OPEX related to service contract and performance guarantees
• Permits: planning, PPA, grid connection and future regulatory and market developments
• Warranties: project life-cycle assessment, compliance with planning permitting and O&M contracts
• Issues relating to the potential expansion of the site in the future
• Supplier and contractor experience, capacity and capability

Sigma is often engaged to assess new technologies or equipment with a less than proven track record entering the market. In such engagements, Sigma addresses:

• Experience and track record of the equipment supplier
• Experience and track record of the equipment being employed
• Manufacturing capability and quality standards
• Hardware components
• Design suitability for a specific application
• Industry standard certification
• Grid code compliance
• Availability and performance

Sigma undertakes independent assessments of renewable energy projects, and potential acquisitions, to confirm the key assumptions and value drivers which are required to support the project in achieving its investment thesis and criteria.  Sigma also identifies the key risks and quantifies and proposes mitigation measures.