Project Enexon Solar Energy Due Diligence

58 MW | € 120 million | 2012

On behalf of an international construction and contracting firm, Navigator implemented a commercial due diligence on the Enexon solar energy project in Greece.

 

The Enexon project comprised a portfolio of 58 MW of ground-based solar energy installations in Greece with a total investment value of € 120 million (May 2012).  

Our work comprised: 

  • Review of all solar power licensing documentation, including feed in tariff contracts, power production agreements, land lease agreements, etc. 

  • Development of a financial model for the solar energy investment including energy output, tariff levels, income, operating expenditure, panel degredation, etc. 

  • Risk analysis and sensitivity analysis for the investment, including scenarios in which the feed in tariff was reduced or taxed by the Greek government

  • Assessment of project sponsor valuation and operations. 

The due diligence project took place in Greece between April - June 2012. 

For further information, please contact us