TDD to support the acquisition of ~1.4 GW of solar PV, BESS, wind and hybrid plants portfolio at development and RTB stage in Spain

Published August 2025

Everoze was thrilled to provide technical due diligence services to EDF Renouvelables for the potential acquisition of a 1.4 GW portfolio of projects under development in Spain. The projects were solar, BESS, wind, and hybrid. A sample of projects from different regions were assessed, with a total capacity of approx. 1 GW.

Tania Bielakoff, Project Manager at EDF Renouvelables commented: “We were very happy with what Everoze provided and their insights made a material difference to our evaluation of the transaction; their knowledge of the local permitting process was key for this due diligence. We appreciated the thoroughness of their analysis. The responsiveness to our questions was also very valuable in the process.  We found it very useful to use LiveDiligence platform for this transaction where we could monitor changes to different versions of the report and add comments directly”

Everoze’s review was focused on the development and pre-construction risk profile for EDF. The following technical areas were reviewed: permitting, grid, land, site suitability, site inspection, design review, CAPEX and OPEX review and feasibility of the hybridised portfolio.

The work was delivered via LiveDiligence to streamline the due diligence process.