Energy investments are by nature characterised
by certain risks. We thrive at carefully managing
those risks all along the investment process and
balancing risks and rewards of an investment. In our target region,
well-selected and well-executed projects can
provide higher returns both at an absolute level and on a risk
adjusted basis. This is possible due to the availability of
prime locations and a high number of
With advancement of technology and falling equipment
prices, and in the right locations, some renewable energy
sources have already reached grid-parity. Whilst
incentive mechanisms, whether in form of tender processes,
Feed-in-Tariffs or Green Certificates, provide a useful starting
platform for investors, there will need to be no reliance on these
in the medium-term. Selecting projects with the right maturity and
risk profile and acquiring them on a 'cost plus' basis will, we
believe, further enhance returns for investors.
Our team's diverse and specific skill-set makes
us best placed to exploit these opportunities.
We believe in partnerships and supporting our local
partners in promoting their project. We work with partners
who have already demonstrated their ability to deliver and who are
willing to share project risks.
Our contribution to the success of any project is not merely by
providing equity and raising debt. We take a leading role
in the management of the project and apply our team's
expertise and experience in orchestrating the necessary
processes. We take a lead in arranging debt
financing and in negotiating contracts with third
parties such as equipment suppliers, EPC- and O&M
contractors and others (using FIDIC and other relevant
standards). By providing financial and intellectual capital,
we make projects happen and optimise their
Having entered in an early stage, developed and constructed the
project, exiting a few years into operation will maximise
value for our investors and development partners. We align
the interests of all participants. Rewards are always subject to
successful completion of a given project.
We provide maximum transparency to our
investors and demand the same from our development partners.