What do we
offer?
Why does it work and how are we different?
TAVOA specialises in wind energy project valuation and transaction advisory – with a perspective that is rare in the market.
It is not the market that forces bad decisions, but rather clinging to old assumptions. Those who are willing to think differently recognise that uncertainty contains energy as long as it is structured. TAVOA creates precisely this structure because clarity, options and security are what every sound transaction requires.
What is our perspective?
Every transaction begins with this question. As we think like both developers and investors, we examine not only what a project is, but also what the buyer sees in it and what potential remains. Essential factors are carefully separated from unimportant ones, risks are classified, and what truly deserves attention is clearly argued. This creates a clear picture – going beyond price pressure and crossed fingers, with a deep understanding of the deal breakers that motivate investors.
Our goal is to navigate the interplay of all due diligence processes and prepare projects in a way that ensures they remain viable, comprehensible and negotiable. This dual perspective enables us to evaluate and manage wind energy projects faster, more precisely and more resiliently – overcoming the obstacles to progress posed by uncertainty.
We evaluate projects from two viewpoints at once – as developers and as investors.
WHAT ARE OUR
SERVICES?
Context Planning & Project Valuation
Maximising project value through technical and commercial expertise
At TAVOA we put projects in the right context. We identify the technical maturity level that a project has reached and develop it further as needed. To us, project evaluation is about more than just models, since parameters must be market-driven, realistic and viable to hold up under scrutiny. Thanks to our experience and in-depth understanding of the market, we can quickly determine a project’s potential and how it can develop.
CONTEXT PLANNING
Details:
- Clearly document the following: layout variants; noise and shadow forecasts; grid connection security and routing; and permitting status
- Cost estimation
- Realistic scheduling
- Conduct stakeholder dialogues
- Integrate all expert reports to create a clear, viable planning course.
PROJECT EVALUATION
Details:
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Site analysis:
– Wind potential
– Restrictions
– Distances
– Grid connection options -
Initial assessment of technical, economic and regulatory feasibility
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Development of a robust project strategy, including risk analysis
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Cost estimation (CAPEX/OPEX)
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Project prioritisation based on key financial and commercial metrics
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Preparation of initial site plans, variants and concept sketches
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Technical classification of opportunities and risks
M&A Sell-Side & Buy-Side
Full-service M&A advisory on both sides of the transaction
On both sides of the transaction – sell side and buy side – TAVOA is actively involved. Sales and purchase transactions are managed with structure, pace and predictability, whether single-track or dual-track process – running a structured sale process in parallel with alternative options. Internal due diligence and Q&A sessions are coordinated, external advisors are briefed, and final negotiations are conducted so that the process remains clear, stable and secure right up to signing.
SELL-SIDE
Management, investor selection, market approach, negotiations
Anyone looking to sell a wind farm requires a wind energy project evaluation and a process that convinces rather than persuades. Because every project island is unique, we select the appropriate divestment process, manage the go-to-market process, evaluate and benchmark bids and negotiate prices and conditions, providing a clearly structured and confidently navigated process.
Due Diligence
We examine the technical quality, maturity and feasibility of the project, identifying its strengths and weaknesses, as well as any open questions or potential red flags. This reduces the risk of unnecessary expenditure in a later detailed technical, legal or tax review, and minimising costs before full external due diligence is engaged.
Technical evaluation:
- Plausibility check
- Timeline
- Review/plausibility check
- Site assessment
- WEA type
- Turbulence
- Noise and Shadow
- Wind yield
- Road assessment
- Approval/statements, etc.
Economic evaluation
- Review and plausibility check of input parameters
- Revenue security status
- Cash flow analysis
- Land lease agreements
- Cooperation agreements
- EPC contracts
- Purchase agreements
- Service agreements
BUY-SIDE
WIND FARM ACQUISITION: EARLY RISK ASSESSMENT FOR SOUND INVESTMENT DECISIONS
Acquisition advisory, project search, negotiations
Anyone looking to purchase a wind farm must strike a balance between risk, potential and timing. We support clients throughout the entire purchase process, from initial screening to final investment committee approval, and if necessary, we introduce them to new, suitable projects.
DealBreaker-Analyses
Relevance, valuation rationale, process reliability & negotiation strategy
We understand what investors really see. That’s why we combine all DD perspectives, separate what is critical from what is irrelevant, and robustly address sensitive issues in investor Q&A in order to reliably comply with investment criteria. This prevents price pressure and deal-stopper scenarios, while keeping the project island negotiable, comprehensible and secure.
Wind Energy transaction advisory
Strategic advisory grounded in hands-on transaction experience
FEASIBILITY STUDY
Wind farm feasibility study – a solid basis for decision-making
A wind farm feasibility study provides the basis for any sound investment decision, covering technical, economic and legal aspects.
- combining in-depth technical, economic and legal insights
- includes project and site analysis
- ownership structure and title review
- repowering wind energy analysis
- identification of key risks
- definition of critical path and next milestones
NetWORK
We provide industry information, specialised resources and benchmarking services. We open up our network in a targeted manner to connect the right partners.
- legal support
- technical consultancy
- tax consultancy
- extensive network of potential buyers and partners.
Sparring
- Classification of opportunities, risks and maturity level
- Review of assumptions, blind spots and critical hypotheses
- Support with strategic decision-making: ‘What now?’ What should we do first? What should we avoid doing?’
- Preparation for investor questions and negotiations
- Sparring on project logic, timelines, contact points and deal breakers
- Clarification of situations in which uncertainty is a barrier
We make projects negotiable and transactions resilient, whether you are selling, purchasing or valuing wind farms.
What benefits do our clients derive from our knowledge of wind energy and experience in transactions?
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We make projects negotiable and transactions resilient.
What makes us qualified?
We are competent because we understand the four stages of true professionalism:
Unconscious incompetence: ‘Oh, that looks harmless…’ — until you realise that it isn’t.
Conscious incompetence: ‘Aha. Something’s lurking there.’ — The most important step: knowing what you don’t know.
Conscious competence: ‘I know it. I can do it. I’ll do it..’ — this is where things become clear, clean and structured.
Unconscious competence: ‘Oh, that? You can see that straight away.’ — experience that saves projects before situations become critical.
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We are flexible, agile and reflective.
How do we address structural uncertainty in the wind market?
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We provide guidance.
What goals are we achieving?
Our goal is to move projects efficiently through to a decision point, more efficiently and with greater stability. Precise analysis and a results-focused service – rather than one based on hourly rates – are the foundation of everything we do. The deal team is empowered rather than replaced, and our network is opened up in a targeted manner so that the right partners can come together.
Transparency is part of process reliability, which is why we clearly state when a project is not yet ready and what it needs to reach investment readiness.
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We only take on what we can handle.