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The Link Between a Thorough TDD and Lower Financing Costs

The Link Between a Thorough TDD and Lower Financing Costs Reading Time: ~15 minutes Key Takeaway: A comprehensive Technical Due Diligence (TDD) reduces project risk, enhances investor confidence, and directly contributes to lower financing costs by minimizing uncertainties and aligning technical performance with financial assumptions. Introduction  Financing a project is never just about numbers—it’s about risk. Even the most promising renewable energy project can face delays, cost overruns, or underperformance if technical risks are not fully understood. Lenders and investors know this, and any uncertainty translates into higher financing costs. The problem is that many developers underestimate the importance of independent technical review. Assumptions in design, construction, or O&M may look solid on paper but remain unverified. This can lead to higher interest rates, stricter covenants, or even reduced funding. That’s why The Link Between a Thorough TDD and Lower Financi...
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How an ITA Can Help You Optimize the Design of Your RE Plant

How an ITA Can Help You Optimize the Design of Your RE Plant Reading Time: ~15 minutes Key Takeaway: Engaging an Independent Technical Advisor (ITA) early in your renewable energy project ensures that design decisions maximize efficiency, minimize risk, and protect long-term project value. Introduction  Designing a renewable energy (RE) plant is exciting—but also complex. On paper, your layout may look perfect: optimal capacity, promising returns, and attractive payback periods. But in reality, small technical missteps can quietly erode efficiency, inflate costs, or create operational headaches. The problem is that developers often rely solely on vendors or internal teams for design decisions. Without independent validation, assumptions about technology, site conditions, or energy yield may be overly optimistic. That’s why How an ITA Can Help You Optimize the Design of Your RE Plant is critical. An ITA brings independent expertise to verify assumptions, stress-test designs...

The Role of an ITA in Verifying Project Completion and Handover

The Role of an ITA in Verifying Project Completion and Handover Reading Time: ~14 minutes Key Takeaway: Independent Technical Advisors (ITAs) play a crucial role in confirming that projects meet contractual, technical, and operational requirements before handover—protecting timelines, budgets, and investor confidence. Introduction  Many projects reach the finish line on paper but stumble at handover. The contractor may claim completion, but are systems performing as designed? Are warranties, documentation, and operational procedures in place? The problem is that handover is often treated as an administrative formality, but gaps at this stage can delay commissioning, create hidden costs, or affect financing. Waiting until post-handover to identify defects is costly and risky. That’s why The Role of an ITA in Verifying Project Completion and Handover is so critical. An ITA ensures independent verification that technical, contractual, and operational requirements are fully me...

A Guide to the Different Stages of Technical Due Diligence

A Guide to the Different Stages of Technical Due Diligence Reading Time: ~15 minutes Key Takeaway: Technical due diligence (TDD) is not just a checkbox—it’s a structured process that uncovers hidden risks, validates assumptions, and strengthens project bankability. Knowing the stages ensures clarity, reduces surprises, and builds confidence for developers, investors, and lenders. Introduction  Many projects fail not because the technology is weak, but because assumptions are unchecked and risks are unidentified. Spreadsheets may look perfect, timelines may seem achievable, and the project may seem “safe” on paper—but reality is often far messier. The problem is that technical risks are complex and interconnected, and missing just one can lead to cost overruns, schedule delays, or underperformance. Waiting until financial close to check these risks is too late. That’s why A Guide to the Different Stages of Technical Due Diligence matters. It breaks down the structured proce...

How an ITA Can Help You with Permitting and Environmental Compliance

How an ITA Can Help You with Permitting and Environmental Compliance Reading Time: ~14 minutes Key Takeaway: Permitting and environmental compliance risks can delay, derail, or devalue a project—and an Independent Technical Advisor (ITA) plays a critical role in identifying, managing, and reducing those risks before they become costly problems. Introduction  Many projects don’t fail because the technology is wrong or the financing is weak. They fail because permitting takes longer than expected, approvals are incomplete, or environmental requirements are misunderstood. What looks like a “minor delay” on paper can quietly push a project off schedule, trigger cost overruns, and shake lender confidence. The problem is that permitting and environmental compliance are often treated as check-the-box items. Developers assume approvals will come through. Financiers assume someone else has verified the risks. By the time issues surface, timelines are already slipping and leverage is ...

The Importance of an ITA in Projects Involving Battery Storage (BESS)

The Importance of an ITA in Projects Involving Battery Storage (BESS) Reading Time: ~15 minutes Key Takeaway: Battery storage projects carry unique technical and financial risks, and an Independent Technical Advisor (ITA) plays a critical role in validating assumptions, protecting returns, and building lender and investor confidence. Introduction  Battery Energy Storage Systems (BESS) are moving fast—from pilot projects to utility-scale investments. On paper, the numbers look attractive: flexible revenue streams, grid support, and strong growth projections. But many BESS projects struggle once reality sets in. Performance falls short, degradation happens faster than expected, and revenue assumptions don’t hold up. The problem isn’t that battery storage doesn’t work. The problem is that BESS projects are often financed using assumptions that are not independently tested. Technical risks are complex, fast-evolving, and easy to underestimate—especially for financiers focused on...

A Look at How ITAs are Used in Project Finance Deals Globally

A Look at How ITAs are Used in Project Finance Deals Globally Reading Time: ~14 minutes Key Takeaway: Across global project finance markets, Independent Technical Advisors (ITAs) play a critical role in turning technical risk into bankable confidence for lenders and investors. Introduction  Project finance deals rarely fail because the idea is bad. They fail because assumptions go unchallenged. On paper, models look strong, timelines look realistic, and technology looks proven. Yet once construction starts or operations begin, reality often drifts away from projections—and financiers are left managing risk they never fully priced. The problem is not lack of expertise. It’s lack of independent perspective. Developers know their projects too well. Lenders know the numbers but not always the engineering behind them. Investors want certainty, but certainty is hard to find without verification. That’s why A Look at How ITAs are Used in Project Finance Deals Globally matters. Ar...