Growing demand for new energy technologies and the proliferation of new technology start-ups in the energy sector are creating exciting opportunities for corporate transactions. But they can also entail some of the biggest risks you are likely to face when entering into cooperation, or financing.Due diligence is a key part of any transaction. But innovation and technological developments pose special challenges. What’s more, clean and renewable technologies often have ambitious sustainability and environmental claims, and come to market in face standards.
You can gain a global view of the risks for your acquisition project through DNV GL’s Start-up Due Diligence service. Dedicated to your specific needs, it covers technological, organisational, market and environmental risks and evaluates the proposed mitigation that should ensure.
Expertise in energy innovation and start-ups
Our Start-up Due Diligence service focuses on the unique characteristics of start-ups and technology developers. For your transaction we offer you:
- A risk-based approach for evaluating performance claims, including manufacturing and the current status of development
- A review of the relevant technical details and development program
- An assessment of the remaining risk that commercial production will not meet the performance claims
- A review of the organisation and staffing for the relevant processes
As a result, you gain an objective and comprehensive understanding of the specific risks of acquiring the start-up.
Industry experience, tailored to your needs
In DNV GL, you gain a partner who combines energy, renewables and due diligence expertise with a fundamental understanding of market innovations and your specific needs. Hence you can be sure of concise and sharp reporting of the key technical aspects of the target start-up company, the risk of not achieving the (first) commercial product, and our recommendation on the proposed mitigation measures. So not only can you make the best financial decision, but you can also move forward with mitigating the risks.