AXA and Crédit Agricole hired K2 Management as their technical advisor when they bought a 50% share in the world’s biggest wind farm, Hornsea 2, for £3 billion.
K2 Management was engaged by investor, Contour Global, based in USA, to deliver support in moving from a basic O&M set up to a full O&M support structure for a wind portfolio in Latin America.
K2 Management was appointed by Cordelio Power to deliver project and construction management for the 185MW Glacier Sands onshore wind project in Illinois.
Octopus Investments engaged K2 Management in an Owner’s Engineer role for Project Otso, an onshore wind project located in forested terrain in Finland. The project consists of two wind farms, Saunamaa and Suolakangas, comprised of 17 V150-4.2 MW WTGs.
Energiforsk, an energy research institute, engaged K2 Management to deliver a large pre-development study and analysis for the LCoE of offshore wind off the coast of Sweden. The data will work to inform Energiforsk’s comparative study for the development of the most cost-efficient energy resource.
Utility, AURA Energi’s subsidiary AURA VE, engaged K2 Management to provide due diligence services to support the acquisition of a 50% stake in the biggest onshore wind farm in Denmark.
Joint venture partners, SSE and Equinor, appointed the K2 Management team as Lender’s Technical Advisor to Dogger Bank Wind Farm A and B – two out of three phases that combine to make the largest offshore wind development in the world.
K2 Management delivered acquisition due diligence services in support of bp’s first step into the offshore wind market – a 50% stake in Equinor’s Empire Wind and Beacon Wind assets.
K2 Management supported John Laing in assessing its pipeline of Australian opportunities, delivering technical due diligence on four successful transactions in a 12-month period.
As a partner in the EU project Horizon 2020 MegaRoller, K2 Management has had a key role in answering some of the questions surrounding wave energy. The project has a team of participants from across the industry with a collective aim of driving forward understanding of wave technology.
K2 Management’s assignment with Triton Knoll Offshore Wind Farm began in its early stages, where we delivered a full Lenders’ Technical Advisor role for our client over a two-year period.
Cubico Sustainable Investments - “When it comes to operational analysis in the energy market, K2 Management provides a first-class service.”
Foresight Group successfully completed its first wind acquisition in Germany – 50 MW of operational assets acquired from WPD -with technical due diligence and energy yield analysis from K2 Management.
K2 Management* was commissioned to conduct a benchmarking study for Carnegie Wave Energy to investigate a range of performance and load metrics suitable for benchmarking with alternative wave energy converter (WEC) types.
Aqua Power Technologies Ltd. (APT) is developing an innovative wave energy converter and contracted K2 Management* to independently review its WEC technology development programme and provide detailed support to the modelling and testing of the APT WEC.
In 2018, we were commissioned by Dominion Energy Virginia to deliver a decommissioning cost estimate for the proposed Coastal Virginia Offshore Wind Initiative – a 12 MW offshore wind project on the US east coast.
Copenhagen Infrastructure Partners (CIP) appointed K2 Management in 2016 as technical advisor performing technical due diligence on the Fluvanna I onshore wind project in Scurry County, Texas.
The first foreign-owned wind farm in Vietnam, Dam Nai, has achieved successful completion, becoming commercially operational in early 2019. The project was developed in two phases using a multi-contracting strategy, split into three main contracts - turbine supply, civils, and substation.
An Irish investment firm was considering the acquisition of an operational solar portfolio, consisting of 22 ground-mounted solar plants and over 8,000 rooftop mounted solar sites in the UK.
K2 Management helped Identifying causes of underperformance - and we had to take a new approach to operational assessment to solve the problem and bring new insights.
Rapid acquisition support for 200 MW project in Texas, USA, operational for less than one year. Our analysis helped the client with inspections, analyzing data for turbines and inspection of power curves.
Rapid review and assessment of energy yield for <10 MW onshore wind farm for lender finance to get a better understanding of risks and ensure results quickly.
Independent energy yield assessment of a 42 MW (AC) solar farm in Australia, on the site of a decommissioned coal-fired power station. K2 Management was appointed to undertake an energy yield assessment of the Collinsville Solar Farm following the successful award of $9.5m AUD to RATCH in the latest round of ARENA grant funding.
Full independent energy production estimate of Borssele I & II offshore wind farms for submission as part of a Government-led competitive tender process.
Financial-grade energy yield assessment of multiple single turbine sites, including RSPB, H&H Celcon and QEH. We minimise uncertainties by using quality wind analysis regardless of project size.
From field to financing - energy yield assessment of two onshore CfD projects: Kype Muir and Middle Muir. Only a handful of onshore wind projects successfully secured contracts under the first CfD allocation round in 2015. We are pleased to have supported Banks Renewables in bringing two of these to financial close, Kype Muir and Middle Muir.
Rapid technical evaluation for acquisition of Viridian's 225 MW onshore Irish wind farm portfolio, we undertook site inspections, identified missing documents and provided a summery report for each project,
AES Tietê Energia has acquired the 386 MW Alto Sertão II wind portfolio in Brazil for R$600m ($193m USD), with technical due diligence support from K2 Management and TNEI.
A consortium led by Australian bank, Macquarie, has agreed to purchase the UK’s Green Investment Bank today in a £2.3bn GBP deal. K2 Management led the technical due diligence on the transaction on behalf of Macquarie after being appointed in 2016.
K2 Management advised on Copenhagen Infrastructure Partners’ (CIP) equity investment in Bearkat I onshore wind farm in the US, which has just reached financial close. The assignment saw K2 Management’s North American team deliver detailed acquisition due diligence and advisory support over a five-month contract.
K2 Management is proud to announce it has supported existing client, investor CGN Europe Energy S.A.S. (CGNEE), with their acquisition of 14 wind projects across Northern Ireland and the Republic of Ireland.
For our long-term client EnBW, Energie Baden-Württemberg AG, K2 Management supported the German utility with independent technical and commercial advice and review of the main contracts of the upcoming 500 MW EnBW Hohe See offshore wind project.
K2 Management was commissioned by Chinese-headquartered wind turbine manufacturer Envision Energy to perform a review of geotechnical site conditions, proposed foundation designs, infrastructure and construction QA methodology of a Swedish wind project.
Construction of the 402 MW German offshore project was completed in less than 14 months and just 23 months after financial close. Commissioning activities on the last turbine were completed end May 2017 – 4 months ahead of agreed schedule and below the budget agreed at financial close.
Formosa 1 Offshore Wind Farm (128 MW) will be Taiwan’s first utility-sized offshore wind farm, planned for commissioning by 2018. K2 Management has performed wind modelling and wind data analysis and will now expand its scope of work to include:
K2 Management is happy to announce that we have signed yet another contract with our client Keystone Tower Systems. In this agreement, we will work as a subcontractor to Keystone Tower Systems under a US Department of Energy grant that supports the advancement of tall tower technologies.
With the support of K2 Management as a project management consultant. Vestas succeeded in delivering this important phase 2 of the wind farm on time and within budget.
K2 Management has been an important partner for local developer Ilmatar in terms of closing the contract with wind turbine manufacturer Vestas for the Luhanka, Latamäki site.
For more than two years K2 Management supported London Array Ltd develop the world's largest wind farm, 630 MW London Array outside the coast of UK. We also later worked as Lender’s Engineer for Masdar and Tokyo Mitsubishi Bank prior to their investment in the project.
In September and October 2013 we helped our client KEPCO/iKR with a design review of a substation for the upcoming South West offshore wind farm. We are pleased to have received this statement from our client:
"As advisors, their work has been thorough, thoughtful, timely and professional. In addition, they have been able to draw on wide range of skill sets within the K2 Management organization to provide insights and advice on how to avoid numerous potential concerns before they are encountered. In summary, I can highly recommend the services of K2 Management".
Ogin engaged K2 Management in the second half of 2013 to identify suitable Italian site-specific wind conditions for its high efficiency shrouded wind turbine.