Financial
Management

Eco2 offers an experienced Finance team with established systems and processes, saving you money compared to hosting your own Finance function.

Financial management of your renewable energy asset can be complicated, time consuming and expensive. Eco2 offers an experienced Finance team with established systems and processes, saving you money compared to hosting your own Finance function.

From managing day to day financial transactions like paying suppliers, to annual forecasting and planning to anticipate future cash flow, the Eco2 Finance team have experience of accounting for different types of renewable assets, the common issues that arise and how to resolve them.

Eco2’s Finance team works closely with our Construction, Operational and Fuel Management teams to reflect and anticipate impacts on the company financial position and cashflow. We have knowledge of the renewable incentive schemes and how each impacts an asset’s income. We will liaise with auditors and manage statutory compliance.

The scope of services offered include:

  • Financial and management accounting
  • Business partnering
  • Financial planning and analysis
  • Updating client/bank financial forecasting models
  • VAT processing
  • Calculation and distribution of monies to investors
  • Cash management forecast and review
  • Accounts payable and receivable
  • External audit and tax liaison
  • Company Secretarial services

Our experience can be applied to improve the performance of clients’ assets, complimenting your own investment-focused finance team by looking after the daily operations.

Danielle Rook

Company Secretary & Financial Controller

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Case study

Operational and Financial Management for Foresight Group

Eco2 is responsible for the comprehensive operational and financial management of ten onshore wind sites for the Foresight Group.

Alongside operational management of the ten sites, Eco2 also assisted with the refinancing of the portfolio and oversaw reporting to the bank as part of the facility agreement, and currently provides updates to the financial model.

Eco2 also manages the finance for the holding companies, preparing year end accounts and providing company secretarial services.