energy & utilities: renewable energy generation

wind energy FOCUS

The wind energy renewables segment includes both on-shore wind installations (on-shore wind farms and urban wind generators) and off-shore wind installations (stationary and floating wind farms).  Both on-shore and off-share wind generation has experience very rapid growth in many energy markets over the past several decades.  The growth in wind installations is attributable to both the decreases in cost of wind turbines and favorable offtake structures (power purchase agreements, feed-in-tariffs and similar offtake arrangements), tax and emission credits, "green certificates" and many other similar incentive and subsidy regimes provided in many energy markets.

The most prominent on-shore wind generations assets are generally in the form of wind farms (of various sizes) which are situated on flat agricultural lands and are proximate to electricity transmission lines.  In addition to on-shore wind farms, a new and growing area of wind generation involves the installation of wind generators that are integrated within or installed on top of large, wind exposed building such as urban skyscrapers.  Within the "urban wind" category there are numerous other potentially feasible configurations for wind energy, such as wind generation installations within urban motorway and railway corridors, in large parking lots and within large warehousing and industrial areas.  Intelligent and distributive grid technologies also complement these urban wind generation applications.

Given the confluence of factors that coastal regions are home to the majority or the world's human populations (and energy consumption) and the fact that in many cases the offshore areas proximate to these coastal regions tend to be quite windy, it has become attractive to develop significant off-shore wind capacity in many such areas (which are also already proximate to on-shore electricity transmission assets).  Proven off-shore technologies exist for both stationary and floating installations for off-shore wind turbines.  Therefore, there are not necessarily any technical barriers to installing wind farms in either shallow or deep water.

Both on-shore and off-shore wind development can be complicated by both environmental/social regulations, procedures, policies and the applicable permitting frame works.  However, with respect to on-shore wind development, there may be multiple additional land-use/zoning, lease, use and easement procedures to that need to be considered.

Our advisory services can help our clients align the capabilities of the counterparty's capital and "know-how", efficiencies, life-cycle operational and maintenance discipline, and management resources with the public sector objectives of most efficiently providing and ensuring safe, reliable, and efficient electricity generation to citizens and business users at affordable prices (energy tariffs, fees and taxes).  We can also assist our clients in identifying and procuring suitable vendors, technology and service providers in the wind renewable energy segment.   Our experts have significant experience and competence in delivering wind assets under various development, financing, operating and ownership models, including Engineering Procurement and Construction (EPC), Engineering Procurement and Construction Management (EPCM), Operations & Maintenance (O&M), Design-Build-Own-Operate (DBOO), Design-Build-Own-Operate-Transfer (DBOOT), and similar variations.  We also have significant experience advising on Public-Private Partnership (P3), privatization and M&A transactions within the energy and utilities sector.  Our broad and global experience includes all forms of P3 models, under regulated or deregulated tariff regimes, offtake agreements (such as various forms of PPAs and CfDs and similar contractual agreements), availability payment, as well as stock/share, trade and asset sales/acquisitions and Initial Public Offerings (IPOs) with respect to energy and utilities companies and assets.

Within the wind energy segment, DCS experts maintain relationships with related project consultants and participants including: both international and local legal advisors; technical, engineering and environmental/social advisors, economic/market consultants; contractors, vendors and technology providers; strategic and financial equity sponsors; lenders (including commercial lenders, international/development financial institutions (IFIs/DFIs), Export Credit Agencies and Export-Import Banks (ECA/Ex-IMs), institutional lenders, bond funds and investment banks) and credit rating agencies (if necessary).  We are always prepared and highly experienced in taking on a lead transaction advisory or project/program management role where we coordinate and manage (in some cases, procure and retain via subcontract) various technical, legal and other consultants required for the project.  On behalf of our clients we are prepared and accustomed to leading and concluding negotiations with governmental/public sector or equity sponsors, contractors and venders, lenders, rating agencies and regulators, on behalf of our clients, as may be relevant for a given client project.

In many client cases, there may also be a significant nexus between generation projects, assets and businesses and other sectors that we specialize in, such as infrastructure (roadway, railway, and transmission line corridors, parking lots); energy & utilities (complimentary wave & tidal and solar energies and transmission, distribution, sales and supply and trading); real estate (urban and rural/agricultural wind installations); and,  industrials (E&C, heavy industries). We are prepared to bring our complementary expertise in these other relevant sectors to our generation sector clients, as their specific client project may benefit.   

Please click on the below links to learn more about the specific services related to the wind renewable energy segment that DCS experts can offer:​

• ​Transaction Advisory
• Project/Program Management
• Strategic Planning
• Feasibility Studies
• Debt and Equity Capital Raising
• Contract Negotiation
• Financial Modeling, Review and Audit
• Business and Asset Valuation​
• Tender Management: RFEI/RFQ/RFP
• Mergers & Acquisitions Advisory
• Workouts and Restructuring​
• Corporate Governance
• Training and Capacity Development

DCS focuses on providing the above services in the wind renewable segment to the following categories of clients:

• Developers/Sponsors/Concessionaires
• Investors
• Corporations
• Governments/Governmental Entities
• Contractors/Vendors
• Utilities
• Lenders
• Regulators​
• Investment Banks
• International Agencies
• International Finance Institutions
  

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