Technical and ESG Due Diligence

Published January 2025

A positive investment decision has resulted in a new commitment to finance the project pipeline.

“Thank you to the Everoze team for helping us in reviewing all the technical and ESG details and providing us with a comprehensive ESG due diligence. The teams were helpful in mapping the technical and ESG risks associated with the investment, and provided appropriate remedies to mitigate these risks.” says Jeremy Ruis, Investment Associate, Triodos Investment Management.

The Client, Gridbeyond Storage, previously entered a Joint Venture for the development of a portfolio of Greenfield Solar PV, BESS and EV charging station projects on operational C&I sites in the UK and Ireland. They requested that Everoze performed ESG and Technical Due Diligence to help identify material risks with a sample of PV and BESS projects in Ireland.

Everoze took a customer-centric, collaborative approach to the due diligence of these projects. Everoze adjusted the scope of the work to match the evolution of the projects and took a pragmatic approach to finding solutions to project risks which were achievable within the timeframe of the transaction. The assessment of potential ESG risks included conformity with SASB standards and alignment with the EU Taxonomy against which Everoze also presented risk mitigation recommendations.