AT A GLANCE

Challenges

  • Gas and electricity price differentials impacting project viability

  • The timing of regulatory decisions was outside our client’s control

  • Novel projects take longer to close than standard ones

  • Maintaining a balanced portfolio of different types of energy efficiency projects

Benefits

  • Our client’s understanding of the challenges within the energy efficiency market increased

  • Our analysis confirmed the level of interest in the energy efficiency sector

  • Information on performance trends helped focus future investment workload planning

  • Our independence gave weight to our market commentary

Independent review: Energy efficiency investment vehicle

  ”We were able to distil a significant volume of data into meaningful slides, providing accessible graphs and tables to support our narrative on investment execution over time and projected future performance.”

Our client objectives

Our client asked us to undertake periodic reviews of the progress being made in the deployment of their investment capital, and to comment on the robustness of the forecasts, the reasons underlying project delays, the market outlook and trends over time. Their objective was to provide an independent perspective to the Board, who could then use our reports to inform their communications with shareholders.

Our approach

We agreed the key metrics of interest with our client and ascertained the type of data and supporting information available. We developed analysis to summarise performance, provide details on key projects, comment on short-term forecasts and to give an overview of the relative interest in different technologies across the regions covered by the investment vehicle. We consulted with the investment advisors to provide a more in-depth commentary on specific topics, based on market activities.

Outcomes

  • We produced periodic reports highlighting progress in deployment and commentary on future performance forecasts for the Board to consider

  • Our fact-based analysis provided support for streamlining of approvals processes and focusing of resources

  • Our trends analysis provided clarity on the types of energy efficiency projects that were most in demand