SOLUTIONS
Advisory
Projects identification and benefits assessment
Green Value Associates (GVA) works with its clients to assess and analyse strategically existing asset portfolios with the aim to identify project opportunities that improve performance and realise value. GVA identifies among other opportunities energy efficiency upgrading projects and organises them into a plan of action to drive significant results safe and reliably.
With the support of its partners, GVA’s advisory work includes:
Asset portfolio analysis
Asset portfolio strategic analysis with site inspections as needed
Due diligence
Due diligence on sustainability, operating, energy and carbon matters
Financial evaluation
Financial evaluation of options with modelling and payback analysis
Opportunity Identification
Clear understanding and identification of projects opportunities
Verified Business Care
Robust and verified business case development
Internal Buy-in Plan
Action plan for internal buy-in
Value Proposition
GVA clarifies the value proposition to clients in a robust business case, which includes as an initial step a strategic scoping study that assesses and narrows down a short list of options, not just one preferred solution, for additional value creation.
Technology Innovation
Technology innovation mapping to provide a context around best-practices, proven and emerging technologies
Legislation assessment
Legislation assessment, since the potential solutions will be grounded within the local regulatory environment partly driven by EU strategies
Carbon regulation review
Carbon regulation review to provide information on anticipated legislative evolution or changes enacted in international jurisdictions
Financial Structuring
Green Value Associates (GVA) provides a financial assessment of costs and benefits on the selected options for retrofit, energy efficiency and operational improvement. GVA quantifies the potential gains and savings and then structures the financing capital need to fund the project(s). As needed, GVA assists in arranging project financing.
- Identifying financial and business risks affecting financing
- Analysing relevant financial performance indicators
- Financing options and strategies depending on solutions
- Coordination on setting up suitable SPV structure for capital investment
- Capital raising as needed aiming the lowest possible project finance cost
- Specialised loan agreement negotiation
Parameters of financial structuring
The financial structuring of a project involves the following parameters:
- Structure of consideration, including the assumption of debts
- Net debt and working capital targets
- The size, structure and schedule of payments
- Any special conditions between the funding parties involved
Additional Sources
When providing capital raising advisory, GVA will review and provide full support on the available options including specialised project finance facilities from commercial and development banks, vendor finance from suppliers, 3rd party investment, energy performance contracting, debt and equity from dedicated funds. Additional sources include grants and subsidies related to energy efficiency, renewable energy and carbon reduction projects available from national and international sources like the European Regional Development Fund (ERDF).
During the capital raising process, GVA usually undertakes the following responsibilities:
- Structure of consideration, including the assumption of debts
- Net debt and working capital targets
- The size, structure and schedule of payments
- Any special conditions between the funding parties involved
Suitable Selections
Selection of suitable lenders, investors and grant/subsidies programmes
Pricing Advisory
Advice on pricing and other terms
Introduction to funding partners
Introduction to major funding partners
Negotiation
Negotiation with lenders and investors
Support for grant application
Support in the application for grants and subsidies programms
Project Delivery
Any successful energy efficiency and retrofit project requires a serious focus on execution, appropriate supervision and capacity to focus on deliverables, particularly in the context of a real estate and infrastructure industry still coping with the fundamental concepts of green retrofitting, energy efficiency and micro-generation.
Therefore, Green Value Associates (GVA) brings together resources to ensure a proper project delivery within the agreed time and budget. GVA also plays a coordination role towards consultants, suppliers and contractors to stimulate understanding and teamwork in order to steer the project towards a successful outcome. GVA’s project coordination role includes the following services:
Guidance from Start to Finish
Guidance, advice and support to all parties involved from start to finish
Effective Communication
Effective communication between the various parties and stakeholders
Contiuous Process
Continuity to a process that is often fragmented
Leadership througout
Leadership throughout – ensuring appropriate adjustments are made as required
Implementation
Normally, the implementation stage starts with the detailed design. Consequently, GVA considers design robustness, builds flexibility into design where needed, informs the project brief and acts as the client’s representative in project meetings as needed. GVA also considers suited build and maintenance contracts to ensure clarity of responsibility.
GVA also reviews the implementation risks in planning, supply chain, constructability and post completion maintenance. GVA also evaluates the extent of equipment warranties and checks if they include potential unexpected interactions between them. In addition, GVA assesses claims and ensures contract allows for sufficient defects liability period and budgets for potential scope for omitted works.
GVA also focuses on managing disruption. More explicitly, GVA assesses the level of acceptable disruption, investigates implementation scenarios to find optimum solutions. GVA also drafts a logistics plan that includes impact on existing occupants, move management requirements and handover procedures. GVA ensures occupier information is explained at an appropriate time with opportunity for Q&A.
For the effective delivery of projects, GVA maintains relationships with vendors and suppliers of equipment and services as well as with Energy Services Companies (ESCos) that guarantee the energy savings accepting a certain level of financial risk by connecting payment either in whole or at least in part with the achievement of their efficiency improvement measures.