When will innovations surface enabling alternative energy companies to create economies of scale and reduce production costs? Will the current political commitment to clean energy continue? When will the institutional investors who have proclaimed an interest in the alternative energy industry begin to fund some of these projects?
There are no sure answers to these questions, but our alternative energy team is diligently helping clients investigate and engage in the alternative energy markets. For instance, a municipal energy company recently turned to our alternative energy team to help it develop a financial model for a proposed public-private renewable energy project that would turn septic sludge into green electricity.
Energy companies can depend on our relationships and experience
Because of our experience in the energy industry, we are well respected by investor groups, project developers, private equity groups, tax equity investors, bonding companies, banks, and attorneys. Whether you are an energy company looking at alternative energy sources like wind, solar, biomass, and geothermal or better ways of finding, processing, and delivering energy from more traditional sources, you can depend on the experience of our energy industry team for help navigating the ever-changing energy environment.
The energy industry team includes specialists in tax strategies, regulations, and corporate finance and cost certifications. They can use modeling tools to help you evaluate the impact of incentives and financing options such as investment tax credits and grants, production tax credits, renewable energy tax credits, bond financing, guaranteed loan programs, depreciation rights, and state incentive programs.
This is important to the feasibility of the project because the way you incorporate incentives into your business plan will strongly affect your success.
What you can expect from a relationship with Plante Moran
Because our industry team serves more than 250 energy clients, our consultants will bring a deep understanding of the many issues confronting the energy industry. But because they understand every organization is different, they will take time to understand the specifics of your organization and develop customized solutions for your unique situation.
The energy industry team can support initial public offerings, provide services to publicly held companies, advise middle-market companies on projects, and collaborate with colleagues who specialize in investment banking.
From financial statement auditing to project feasibility studies and everything in between, our menu of services is designed to provide all of the expert support an energy company needs to thrive.