Photo: Björn Johansson

Due Diligence and Technical Advisor

Meventus conducted comprehensive Technical Due Diligence for Fu-Gen's acquisition of a 73 MW wind farm, covering project documentation, contracts, permitting, environmental impact, costs, and management. It led to a positive investment decision, with Meventus continuing as the Lender’s Technical Advisor.

Meventus provided a Full Scope Technical Due Diligence report for Fu-Gen as part of their acquisition process of the 73 MW Tormoseröd wind farm in southern Sweden. The work included a technical review of:

Executive project documentation,
Turbine contracts (TSA and LTSA),
BoP, electrical and civil works contracts,
Permitting status,
Environmental Impact Assessment compared to current project design,
CAPEX & OPEX,
Management contracts.

Photo: Björn Johansson

A Turbine Technology review and an independent confirmation of the energy yield and turbine site suitability were also included in the scope. The work resulted in a positive financial investment decision from the customer.

Meventus has continued on the project as the Lender’s Technical Advisor (LTA) during the construction and operation phase.