Desk Top Review for Project Developers
We can hazard a guess that your title isn't just project-developer-owner or co-founder. While starting and developing your project, you're likely wearing several hats; sales, marketing, accounts and not forgetting chief tea maker.
On top of all of this, you're also navigating your way through the often tricky capital raising process. You need to do your due diligence, answer important questions, chase paperwork, create agreements - the list is endless.
Do you need to do all of this? Yes. Do you have time? No. With this in mind, we have created our NO FEE Desk Top Review with the objective to support the project developer in reaching financial close.
Allieds' Desk Top Review: is designed for project developers to support them in reaching commercial status and financial close. The objective of the due diligence is to understand your project's technology, projected financials and debt repayment to reach financial close supported by Debt Protection Guarantees*.
In understanding the requirements of the funders that we work directly with and by adding that knowledge to your team as early as possible, we can ensure that as your project progresses throughout its due diligence and financial preparation stages by discussing critical issues with the funders as they are reached and ensure we match their needs with our clients to reach financial close as smoothly as possible.
"Discovering at financial close, that you cannot provide financial guarantees, can be the last hurdle financially for you and your project"
Our review is a practical, targeted solution to facilitate commercial lending and provide you with multiple benefits, which include
PLUS! by providing additional financial security to your project, the platform provides you with many benefits, such as;
The due diligence is based on:
This review is to understand the current status, history, due diligence and testing regimes, proposed manufacturing approach, achievable quality and productivity, the fabrication of all components, and ensuring that the various elements are built to comply with industry best practice, both in terms of materials and manufacture. Any gaps or areas of concern identified are ranked for further discussion.
2. Third Parties such as EPC and O&M
This review is to understand the terms and conditions offered by the EPC contractor up to the point of handover and of the O&M contractor in providing their on-going services to the project sponsors after EPC sign off.
3. Offtake and feedstock contracts
This review is to understand the terms and conditions of these contracts, with a focus on any penalty or break clauses that might affect the overall profitability of the projects cashflow and Debt Service Coverage Ratio (DSCR).
The objectives of the due diligence are to;
The period of due diligence will be determined by the documentation that is available to substantiate final or forecasted operational hours and the if required scale-up to commercialisation.
The benefits of the Debt Review Platform are;
Our Due-Diligence provides the following flexible structures:
*Subject to due diligence and acceptance through your insurance broker.
This web site and the registered trademark DPI® is owned by Allied Project Services Ltd. All due-diligence carried out for the Desktop Review Service is carried out by Allied Project Services Ltd at no cost to their client. Allied retains the right to use the final report to arrange funding for the client. As the result of a funder being identified further detailed due diligence might be required and will be carried out and managed by Allied Project Services Ltd and other third parties on behalf of its client at an agreed hourly rate. The time period for further due diligence outside of the Desktop Review will be in accordance with any further requirements of the funder identified or the client. At this point also, and to enable Allied to continue discussions about the project directly with the funder, Allied will be required to be mandated by the client. The information contained herein we believe to be accurate but we make no representation or warranty as to its accuracy and should not be read as, an offer or recommendation or a solicitation of an offer. We do not offer insurance or financial advice and user information should be seen as a guide and not be seen as a recommendation to use any particular insurance or investment strategy. Allied shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein.
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