F
Financial diligence
ROI, IRR, NPV, payback, PPA revenue, debt assumptions, DSCR, incentive impact, and sensitivity cases.
Dev Energy LLC
Due Diligence and Risk Management
A structured project-review process covering financial modeling, technical review, legal terms, counterparty risk, incentives, interconnection, insurance, and scenario stress testing.
Risk controls
Good solar projects are underwritten before they are celebrated.
Dev Energy’s website should make clear that project approval is not driven by generic clean-energy enthusiasm. The work is in confirming economics, validating assumptions, and identifying the risks that could impair returns or operations.
Stress-test scenarios
- Incentive reductions or qualification failures.
- Lower-than-expected energy production.
- PPA rate pressure or energy price volatility.
- Higher interest rates or debt-service stress.
- Interconnection, permitting, or regulatory delays.
- Counterparty default or payment disruption.
Diligence areas
Review across the whole asset.
Finance, contracts, engineering, incentives, host risk, and operating performance all affect whether a project deserves capital.
T
Technical diligence
System design, site conditions, shading, equipment lifespan, warranties, generation assumptions, and operations requirements.
L
Legal diligence
PPA terms, payment obligations, ownership, assignment, termination rights, host purchase options, and fallback protections.
O
Offtaker review
Credit profile, payment reliability, billing structure, default-risk mitigation, and practical collection pathways.
P
Policy and incentives
Federal, state, local, utility, depreciation, interconnection, and incentive eligibility risk.
A
Asset protection
Insurance, catastrophic risk, system uptime, performance monitoring, maintenance responsibility, and exit strategy.