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Our role on the acquisition of Denmark’s largest onshore wind farm

50%
stake acquisition
189,000
 
per year production estimation

Utility, AURA Energi’s subsidiary AURA VE, engaged K2 Management to provide due diligence services to support the acquisition of a 50% stake in the biggest onshore wind farm in Denmark.

The scope saw the K2M team deliver technical due diligence including full yield analysis and risk mitigation for project longevity. With a strong track record of design and technology review, particularly in the onshore wind landscape, K2M delved into deep analysis of the WTG technical specifications, operational track record, foundation design, electrical balance of plant and grid connection. The team also conducted WTG and site inspections as well as providing a high-level review of the design and architecture of the SCADA system.

With the support of K2M providing a holistic picture, AURA VE was successful in its acquisition of the project estimated to produce 189,000 MW each year.

Niels Bitsch, Senior Consultant for K2 Management said, “Our dig deeper approach allowed us to find unique opportunities for AURA VE to present a strong business case as well as optimize assets and mitigate risk in the transaction and beyond.”

AURA VE

K2 Management is extremely reputable in this field and we knew they would be a great partner for us thanks to their local knowledge and international expertise.

They provided a thorough investigation from start to finish, right down to the nuts and bolts of the project. The detailed analysis and comprehensive findings helped to provide us with strong arguments when entering into commercial discussions.

It was clear that the team supporting us used their extensive knowledge of international transactions strengthened by knowledge from across the organization to inform their due diligence. With K2 Management, we truly felt in good hands.

Klaus Høgh
Head of Project Development