Case studies
Renewable Investor
Colocated battery & electrolyser investments
Renewable Investor
Colocated battery & electrolyser investments
We supported deep dive analysis of the investment economics of collocating batteries & electrolysers with a large NW European portfolio of wind & solar assets.
Client Challenge
We worked with the client on the optimal configuration, margin projection & investment case for multiple combinations of colocated battery & electrolyser sites.
Our Solution
We completed an analysis of the evolution of NW European power markets. This fed into stochastic modelling of the margin distributions of battery & electrolyser assets.
Result
Our market & valuation analysis supported the client’s investment case development for collocating flexible assets with wind & solar sites.
Infrastructure Investor
Generation & trading business due diligence
Infrastructure Investor
Generation & trading business due diligence
We were engaged to lead commercial due diligence to support a binding bid for the generation & trading business of a large Southern European utility.
Client Challenge
The client needed an external assessment of generation & trading business valuation as well as governance, commercial & risk practices & capabilities.
Our Solution
We undertook detailed due diligence of generation & trading portfolios (covering hydro, gas & renewable assets), offtake contract structures & commercial & risk functions.
Result
Our due diligence advice and analysis supported the client’s valuation of generation & trading business and development of a binding bid.
Renewable Fund
PV + battery storage investment
Renewable Fund
PV + battery storage investment
We delivered extensive margin analysis to feed into investment case development for collocating a battery with a UK solar PV site.
Client Challenge
We supported the client define optimal battery sizing & duration as well understanding how it interacted with PV site output.
Our Solution
We modelled stochastic battery margin distribution projections to 2050 for multiple PV + battery site configurations to inform investment economics.
Result
Our analysis supported the client investment committee to make decision on size & timing of the colocated battery investment.
Large Industrial
Hydrogen supply chain investment
Large Industrial
Hydrogen supply chain investment
We have supported a global industrial company develop its investment case for electrolyser & hydrogen storage investment to support production decarbonisation.
Client Challenge
We worked with the client on the optimal configuration & investment case for electrolyser, hydrogen storage and industrial offtake supply chains at multiple sites.
Our Solution
We developed a detailed stochastic optimisation model of the local hydrogen supply chain. This captured the impact of sourcing power (given uncertain power prices), producing & storing hydrogen and interacting with production flexibility.
Result
Our commercial advice & analysis supported the client’s development of hydrogen supply chain configuration towards taking an investment decision.
LNG Portfolio Player
Flexible LNG portfolio acquisition
LNG Portfolio Player
Flexible LNG portfolio acquisition
We delivered valuation analysis to support a bid for a portfolio of LNG assets, including large supply contracts, regas & shipping capacity.
Client Challenge
We were engaged to provide an external view on the value of the LNG portfolio, with a particular focus on extrinsic (flexibility) value.
Our Solution
We modelled a scenario for market evolution. We then used this an input into our stochastic LNG portfolio valuation model to model the incremental value of adding the target assets to the client’s existing portfolio.
Result
Our analysis supported senior commercial stakeholders understanding of portfolio value & risk and fed into a binding bid for the target portfolio.
Private Equity Fund
Thermal power portfolio acquisition
Private Equity Fund
Thermal power portfolio acquisition
We supported the successful acquisition of a portfolio of NW European thermal power plants, delivering extensive market analysis & stochastic asset valuation.
Client Challenge
We worked with the client to assess and value a target portfolio covering multiple assets and markets.
Our Solution
We conducted a ‘deep dive’ analysis of the evolution of NW European power markets. This fed into stochastic modelling of the margin distributions of the individual power plants.
Result
Our market & valuation analysis supported the client’s investment committee approval and successful acquisition of the portfolio.