Green Cat Renewables provided technical advisory services for the procurement of pre-construction finance for the project. With a dedicated and experienced team and established working relationships with funders and their legal advisors, Financial Close to pre-construction finance was achieved in just six weeks.
Green Cat Renewables undertook the full technical due diligence review scope. This compromised overall technical site configuration including component bankability; planning; environmental and site conditions; grid connection; energy yield; construction and operational contracts; and technical review of finances. Technical advice was also provided to support the negotiation of technical contract terms, ensuring a competitive contract and minimising overall project CAPEX to the Community.
Inspections were undertaken throughout construction, and in supporting the small scale and community nature of the project, dedicated snagging visits were also completed on behalf of the funder and Community.
Southill Solar Park was successfully commissioned in November 2016, and will benefit from the Renewable Obligations Order subsidy scheme. Following successful delivery of the technical due diligence review, Green Cat Renewables are now appointed to undertake ongoing operational monitoring and asset management for the site.