Technical Due Diligence

The Bionaire Wind Farm, backed up with diesel generation, is an innovative hybrid renewable energy project designed to provide a reliable and sustainable power supply. The project combines the power generated from wind turbines with diesel generators, ensuring consistent energy production even during periods of low wind. This hybrid approach optimises the overall efficiency of the power plant and ensures uninterrupted power supply to the local grid.

Technical Due Diligence in the acquisition of the asset:
In the acquisition process of the Bionaire Wind Farm, technical due diligence played a crucial role in evaluating the asset's performance, risks, and potential for growth. This comprehensive assessment process involved a detailed examination of various aspects of the project, including:

Technical design and specifications: Review of the project's wind turbines, diesel generators, and other critical components to ensure they meet the required performance and quality standards.
Compliance with regulations and permits: Verification of compliance with relevant local and national regulations, as well as ensuring that the project holds all necessary permits and licenses.
Grid connection and power purchase agreements: Examination of the agreements in place for grid connection and power purchase to ensure their viability and compliance with industry standards.
Operational performance and maintenance history: Analysis of the asset's historical performance data, maintenance records, and any associated risks or issues.
Financial modelling and project valuation: Evaluation of the project's financial performance and potential return on investment, taking into account factors such as capital costs, operational costs, and projected revenue.
JCM Consultant Engineers' role in providing Technical Due Diligence services:
JCM Consultant Engineers were instrumental in providing expert Technical Due Diligence services during the acquisition of the Bionaire Wind Farm. Our team of skilled professionals delivered the following services:

Review of technical documentation: Our engineers thoroughly examined all relevant technical documentation, including design drawings, equipment specifications, and performance data, to ensure the project met the required performance and quality standards.
Site visits and inspections: Our team conducted on-site inspections of the wind farm and diesel generators, assessing their condition and identifying any potential risks or issues.
Verification of compliance: JCM Consultant Engineers ensured that the Bionaire Wind Farm complied with all relevant regulations, permits, and licenses, mitigating any potential legal or operational risks.
Evaluation of operational performance: Our experts analysed the project's historical performance data and maintenance records to determine its efficiency, reliability, and potential for growth.
Financial modelling and valuation: Working closely with financial experts, our team assessed the project's financial performance and return on investment, helping the client make an informed decision regarding the acquisition.
By providing comprehensive Technical Due Diligence services, JCM Consultant Engineers played a vital role in the successful acquisition of the Bionaire Wind Farm, helping the client to secure a valuable renewable energy asset with a strong potential for growth and long-term value creation.