As part of its diversification strategy, French renewable energy producer, Voltalia, was interested in rebalancing its service offering in favour of solar energy, the fastest growing renewable energy sector.
We performed technical due diligence of Martifer Solar at corporate and project levels to provide the basis for structuring Voltalia’s formal acquisition offer. We worked closely with Voltalia to define a robust evaluation methodology for the technical, economic and overall performance of Martifer Solar’s project portfolio. Our assessment looked at 1,343MW of projects under development, 85MW under construction and 585MW at operational level.
The acquisition involved the review of over 50 projects at various stages and in different locations across Europe, Africa, Asia and Latin America. Our team of solar specialists made the most of our global presence and direct experience in merger and acquisitions to support the transaction, allowing our client to meet the challenging schedule of the acquisition timeline.