Project Commercial Due Diligence
Eldrich understands the risks of investing in projects and appreciate the need for reliable and bank grade data, predictions of annual yields, accompanied by robust uncertainty assessments and risk mitigation measures.
Our commercial due diligence services
Detailed review of key project agreements, including:
- Terms and conditions of contracts
- Warranties and guarantees – liquidated damages and limits of liability
- Robustness of contracts
- Reviewing arrangements such as:
- Fuel supply arrangements and logistics
- Equipment supply agreements
- Balance of Plant contracts
- Power Purchase Agreements
- Operating Agreements
- Permit applications
- Grid connection agreements
- Other key documentation
- Gap analysis
- Reviews of track record of suppliers and contractors
- Interface risk evaluation
- Management procedures of the turnkey contractors
- Completeness of costs and risk of cost variations
- Construction milestones and construction risks
- Completion delays risk evaluation
- Commissioning plans and risks
- Performance and reliability test procedures
Eldrich Capital provides financial advisory, capital structure, project development, project commercial due diligence and project technical due diligence services to the energy, infrastructure and natural resources industries.
Anthony Lavery the Principal of Eldrich Capital has circa 20 years experience in private equity direct investment and structured debt finance in the energy, infrastructure, food and agriculture, telecoms and other natural resources.
Anthony Lavery is also a professional chemical engineer (a corporate member of the Institution of Chemical Engineers) and project manager with 14 years experience in upstream oil & gas, power, LNG, refining and petrochemical industries; with broad experience in troubleshooting and novel solution.