<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1994804767464638&amp;ev=PageView&amp;noscript=1">

Bearkat I | Acquisition due diligence in Texas

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.

The scope of work included a technical review of the project, consultation on CapEx and OpEx budgets, environmental permitting and crossing agreements, and the review and de-risking of the EPC, turbine supply, and all operations and maintenance contracts.

The 196.7 MW wind farm, in Glasscock County, Texas, will consist of fifty-seven Vestas V126-3.45 MW turbines and is expected to commence commercial operations later this year.  

K2 Management

We were delighted to deliver acquisition due diligence services on CIP’s first equity investment in US onshore wind. 

The successful completion of this assignment further strengthens CIP and K2 Management’s ongoing relationship after we supported its investment in Fluvanna onshore wind farm in 2016.  We will look forward to working with CIP again on future projects as it continues to grow its global portfolio.

 

Carsten Ploug Jensen
US MD

You might also be interested in

CGN Irish portfolio acquisition | Acquisition support for Irish onshore portfolio

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.

Butendiek | Butendiek equity transaction complete

With a long history of involvement in Butendiek, K2 Management supported ITOCHU Corporation in its 22.5% equity interest investment into the 288 MW wind farm – ITOCHU's first investment in European offshore wind.

Macquarie | Technical due diligence on acquisition of Green Investment Bank

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.

SK E&C | Supporting offshore in Korea

K2 Management has supported SK E&C in South Korea to perform a measurement campaign for developing an offshore wind farm. The wind farm is not far from the coastline and the site center is about 4 km from the shore.

Envision | Supervising foundation design

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. 

Irish investment firm | Due diligence complete on UK solar portfolio

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. 

Copenhagen Infrastructure Partners | Technical due diligence in Texas

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. 

Independent technology development programme review

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.

Wave & tidal technical due diligence | AW-Energy

AW-Energy appointed K2 Management* to undertake a wide range of activities, including technical due diligence and second-party support in a range of engineering disciplines.

Acquisition due diligence | ewz

Swiss utility, ewz, commissioned K2 Management to deliver a full acquisition due diligence mandate for its acquisition of 30.1 MW Stigafjellet onshore wind farm in Norway.

Supporting Foresight Group’s first portfolio acquisition in Germany

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.

Owner’s Engineer on Octopus Investment’s Onshore Wind Project in Finland

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.   

Let us know what's on your mind

 
Got something to say, but not sure who to say it to?

Getting in touch is easy - just fill out this form and we'll put you in touch with the right person.