Investment & Acquisition Teams
Understand the infrastructure before you price the asset.
Private equity, corporate development and M&A teams increasingly find that power availability, tariff exposure and grid constraints move valuation. We provide independent research on those dependencies during diligence.
Discuss an AcquisitionDecisions they face
- Whether to proceed, re-price, or walk from an energy-intensive acquisition
- How much forward utility cost and tariff exposure to underwrite
- Whether a target's growth plan is physically deliverable on its current power position
- Which infrastructure risks belong in the purchase agreement or 100-day plan
Questions our research addresses
- Does the target's facility have the firm capacity its business plan assumes?
- What rate cases, riders or tariff changes are pending in the target's utility territories?
- Where are transmission or substation constraints likely to limit expansion?
- Which assumptions in the management case are not supported by public infrastructure evidence?
Research deliverables
Acquisition Infrastructure Diligence Memo
Written findings on power position, utility exposure and grid constraints, with sources and dates.
Utility & Tariff Exposure Review
Scenario ranges for forward cost under settled, filed and adverse regulatory outcomes.
Open Diligence Questions List
Specific questions for management, the utility and technical advisors.
Executive Readout
A concise readout for the investment committee.
Illustrative example — not a client engagement or live market data
Illustrative: a multi-site manufacturer under LOI
- Situation
- A buyer evaluates a four-plant manufacturer whose plan assumes a 40% production increase at two sites.
- Research
- Public utility filings, interconnection records and tariff schedules are reviewed for each site's territory to test whether capacity and cost assumptions hold.
- Decision implication
- The research distinguishes sites where expansion appears supportable from sites where it depends on an unscheduled substation upgrade — an item for price and diligence scope.
Evaluating a decision like this?
Tell us the decision. A principal reviews every inquiry in confidence.