PRESS RELEASE – Greensolver supports Apex Energies with vendor due diligence
Greensolver are pleased to announce that we advised Apex Energies for the vendor due diligence of their portfolio. As you may know, Macquarie Asset Management has announced last Friday their intention to acquire 90% of Apex Energies.
Conducting the vendor due diligence
The due diligence was conducted over 530 assets in France totaling 92 MW of assets in operation. With 2.2GW of pipeline under development, Apex Energies benefits from exceptional development perspectives!
The vendor due diligence covered the review of the energy yield assessment, post-construction yield assessment, critical review of the equipment, EPC/O&M contract reviews, site inspections and Apex OPEX in-depth analysis with regard to a benchmark. We also supported Apex Energies managing the Q&A and interactions with the buyers.
“We are proud of our renewed trust with Apex Energies, for whom we have carried out numerous technical due diligences. This mandate highlights Greensolver’s ability to continue our long-term collaboration with Apex Energies”.
Greensolver is a global player in the renewable energy sector, and is an independent service provider for wind, solar and storage plants. Greensolver has 2GW under management and has assisted with a total portfolio capacity of 25GW in advisory services.
Greensolver enables a higher deployment of clean energy by optimising generation and capital investment performance of renewable energy assets. This is done through the main core services; construction management, advisory services, including support through the PPA process, technical and commercial asset management.