Range provides both sell-side and buy-side underwriting and due diligence services to project developers, IPPs, development capital providers, high-net-worth investors, and other market participants. Range bring deep expertise in project and portfolio M&A and draws from its extensive experience underwriting loans, equity investments and tax equity investments as well as its understanding of development, construction and operational risks to help buyers make informed investment decisions.
Case Study
Underwriting of 15MW-ac Pennsylvania Community Solar Portfolio
Range was engaged by a leading IPP to lead underwriting and due diligence efforts for a 15MW-ac portfolio of Pennsylvania Community Solar projects. Range helped to analyze key development deliverables (such as interconnection and net energy metering documents), coordinate critical transaction documents, and manage client-facing due diligence questions and deliverables. Range provided a mix of analysis to help the client understand the key risks of its projects as well as tactical project management activities to help its client leverage its internal bandwidth.
Case Study
Buy-Side Advisory for HNW Investor
Range was engaged by an individual investor to acquire a small-scale (400 kW) commercial solar rooftop project from a developer/EPC counterparty under a tight timeframe and within a challenging regulatory environment. Range successfully completed all diligence, negotiated all aspects of the transaction and successfully closed the acquisition in under 60 days.
