Our experience in the renewable energy sector ranges from providing financial management services to assets in construction through their operational life to managing holding company investment vehicles for shareholders. We can assist with all aspects of financial management including reporting, cashflow management, modelling, audit and supporting re-financing.
An experienced partner that understands the needs of the sector
The climate change emergency has seen the development of Renewable Energy become a key factor in the switch from a hydrocarbon-based energy supply, with clean energy sources becoming one of the fastest growing industries globally. The opportunities this industry presents to investors and developers also presents new challenges on how to maximise potential of these assets.
Vercity’s extensive experience of delivering asset management across multiple specialist energy sectors means that we understand the needs of asset owners. We have a proven track record across the renewables energy sector, performing financial management of 5.5GW assets with a capital value of £6.5bn. Our experience in working in the sector includes managing assets for some of the largest investors in the sector. We understand different investment strategies and support investment and divestment processes to ensure smooth transition. With Vercity, you’ll feel confident that your investments are being managed by a partner who understands your needs and priorities.
Managing renewable projects through all phases
Understanding the needs of the project is key to scoping a successful service. We have experience of both projects which include the generating assets and the associated management requirements, and projects where the generating assets are held separately, with focus placed on financial forecasting and planning.
Through proactive collaboration and liaison with management, contractors, stakeholders and other third parties, we can help you optimise your assets and achieve positive outcomes that will increase your net asset value.
Vercity understands that a renewable energy project, with its sizeable capital requirements, will involve a significant range of stakeholders. Managing the flow of communications to other stakeholders in the group and project structure is an important component of Vercity’s success on these projects.
Expertise in understanding funding documents is important to identify and proactively manage the obligations and covenants they contain. Obtaining the required information to satisfy these draws on our experience of effectively liaising with a wide and diverse range of stakeholders.
Our knowledge of these documents and the sector helps us to anticipate queries from funding parties and pre-empt those questions to provide an efficient and smooth management of the relationship.
“The Vercity team has year after year shown understanding of the business, high attention to detail, high quality in the deliverables and overall proactiveness in the everyday. It is a pleasure to be working with them on Walney Extension.”
Nadia D'Ippolito, Director, AIP Management
Protecting your returns through sound stewardship
We understand the importance of OFTO Transactions, Power Purchase Agreements and changing government levies, and the implications for effective financial planning, especially in times of price volatility. Vercity’s multidisciplinary consultancy capabilities allow for collaborative input from a powerful mix of strategic, financial, technical and commercial perspectives.
By engaging with the wider community, we can also support your community fund management strategies.
With Vercity as your partner, you’ll benefit from an approach that identifies, manages and mitigates risk, without hidden costs.
Renewable Energy Case Studies
- Financial ManagementAs your financial management partner, we can enhance the value of your assets through compliance, accounting and tax efficiencies, commercial initiatives and innovation.
- Clean Energy AdvisoryWe leverage our expertise across the clean energy and sustainability sectors to add value to your projects, ensuring risks are managed and value is maximised.