We perform a complete analysis of projects in the renewable energy sector by order of those wishing to take over the rights to the project or funding institutions which assess the risk of financing the project. We evaluate documentation from the technical, economic, financial and legal perspectives using the experience gained in carrying out a number of audits of technical projects of the RES market.

Our technical audit consists of the following steps:

• Verification of the completeness of documentation, including control of the presence of all decisions as well as formal and legal approvals necessary to start the investment execution
• Verification of compliance of the documentation with the Polish law
• Verification of compliance of the project parameters with the documentation
• Technical verification of contracts concluded for the purpose of the project
• Assessment of the potential threats of the project to the society and environment
• Verification of the assumptions of the technical schedule

As part of the economic audit we perform:

• Verification of compliance of the business plan assumptions with the current and forecasted operating conditions of RES in Poland
• Verification of compliance of the business plan assumptions with the project documentation
• Verification of the assumptions of the technical schedule

In carrying out financial audits we focus primarily on the study of the financial statements.

During the implementation of legal audits we conduct legal verification of agreements concluded for the purpose of the project.

Audits are conducted by individuals having experience and knowledge appropriate to the scope of the audit, including particularly electrical power engineers, chartered accountants and lawyers.