Due diligence of the portfolio of small-scale hydropower operator Norsk Grønnkraft

Technical due diligence

In order to assist Aquila Capital in its bid for Norway’s second-largest hydropower developer, Multiconsult provided a neutral opinion of Norsk Grønnkraft’s existing hydropower portfolio, which comprised of 33 small-scale hydropower plants across Norway with a mean annual production of 233 GWh.

Scope of work

Multiconsult’s tasks included review of past production and guidance for future long-term production estimates; review of technical condition at existing assets; risk analysis and guidance for 40-year CAPEX/OPEX estimates at all power plants.

In this assignment, Multiconsult’s economists and engineers worked together with advisors from Pareto Securities, PWC and Thommessen.