When buying an operational asset or development project, you want to know that the asset you’re buying is built to the required standards, is fit for purpose and performs as expected. Similarly, when selling an asset, you want to make sure that buyers have no cause to worry over the condition of your asset.
Eco2’s Technical Due Diligence team can offer technical expertise and due diligence on a wide range of renewable technologies, including wind power, energy from waste (biomass and municipal waste), solar and anaerobic digestion.
We can review the design, criteria, Process & Implementation Diagrams and the technology provider itself, including the interface between multiple technology providers which can often be problematic.
We can provide our due diligence service for projects in the design phase, during the EPC phase, or on operational assets prior to purchase, ensuring that your documentation is correct and the facility has met its guarantee criteria.
Having developed several plants, bringing them through the defect/warranty period into full operation, we have seen what can go wrong with new plants and how to rectify those issues. As a result, we know what issues to look for, ensuring you have peace of mind and minimising risk. The breadth of Eco2’s experience means we can give you true peace of mind.
Case Study
Technical due diligence on an EfW facility
Eco2's Engineering team have a wide range of experience, including undertaking technical due diligence for a client prior to purchase of an energy from waste facility.
The process required a full internal inspection of the main components of the plant for condition analysis such as the boiler, grate, horizontal passes, filter bag house and water treatment plant. The computerised maintenance management system (CMMS) was also interrogated to verify that maintenance records were fit for purpose and extensive.
The review included regulatory compliance, maintenance and performance records, building services condition and preventative maintenance measures that have been carried out such as condition monitoring, and a full condition report for the facility that highlighted areas that may require investment over the life cycle of the facility.