Wind electric generation due diligence
Carried out a due diligence review of transmission-related risk for a wind electric generation project owned by multiple remote industrial off-takers. On behalf of the project’s lenders, studied numerous issues related to grid risk, including (1) the incidence of interruptions at the interconnection point due to system emergencies, (2) potential grid instability due to rapidly growing wind capacity interconnecting to the same area of the grid, (3) the incidence of service interruptions in the delivery points, (4) the condition and maintenance practices associated with local reception facilities, (5) uncertainty in utility interconnection requirements and cost, and (6) the future stability of the pricing provisions in the project’s transmission contract.