Due Diligence in Wind Farm Assets
The purpose of this article is to assess the importance and the procedure of applying due diligence as a measure to evaluate financially,
technically and legally a wind farm asset. When an investor is interested in acquiring a certain asset, he needs to be aware of the risks, costs
and benefits that might be laying under a hypothetically healthy investment. This is the reason why, especially when the funds are sourced from a
bank or a financial institution, due diligence might be held from an independent third party with the scope of providing subjective judgement.
Many consultancy companies that take action in the development, construction and operations phase of wind farm assets provide this kind of service
and usually are assigned to deliver the due diligence report. The more aspects this process covers, the more secure can the finance and loan
conditions be considered