A large renewable energy developer engaged K&M to provide strategic, market, and regulatory services to support its preparation in submitting an initial non-binding expression of interest to invest a minimum of US$50 million of equity in facilitating the growth of a battery energy storage solution provider and technology company that combines its proprietary software with end-to-end project delivery for C&I and generation customers across Latin America.
As part of the project, K&M completed the following tasks:
- Review relevant materials provided in the data room for Round 1 and recommend clarification questions for the sell-side advisors
- Provide quantitative and strategic analysis and participate in discussions designed to reach a decision regarding participation in the investment process. The analysis was focused on the attractiveness of core markets, the attractiveness of other selected markets, regulatory changes and risks, assessing and commenting on key investment criteria, identification of any key critical commercial and regulatory market risks and opportunities with respect to target markets, pillars for growth and uses of funds, and review of relevant technologies.
Review and comment on the sell-side financial model, with expected targeted returns from an investment in the company and targeted return and valuation for the AssetCo business model.