Commercial Due Diligence
Buy-side and sell-side commercial due diligence for M&A in renewable energy, built around the regulatory and market complexity of emerging markets.
Commercial due diligence & PPA advisory for renewable energy
We help financiers, developers and offtakers make confident calls on renewable energy investments and power procurement, faster, across emerging markets.
Our mission: increase transaction and market liquidity in emerging markets.
What we do
Three focused practice areas
PPA Advisory
Advisory for corporate and industrial offtakers sourcing power purchase agreements, from market entry through contract structuring and negotiation.
Policy & Regulatory Modelling
We predict policy and geopolitical shifts, quantify their impact on asset economics, and turn that into strategy. Forward-looking risk visibility that most diligence misses.
Recurring deliverables
Two monitors we run continuously
Market Entry Monitor
For developers and financiers in emerging markets
A continuous view of the markets that matter to you: regulatory changes, pipeline activity, tariff moves and geopolitical pressure, screened and summarised so you can act on it rather than chase it.
PPA Monitor
For corporates
Tracks the economics and regulation of corporate PPAs against grid tariffs in your markets, so you know when a contract makes sense and when the grid is the better call.
About
Specialist renewable energy advisory
KlaraVolt is a renewable energy consultancy with expertise across renewables market intelligence, PPA structuring, commercial M&A due diligence and project finance modelling.
Our work builds on commercial execution experience at Enel, with deep analytical expertise from Wood Mackenzie, where we have supported transactions across solar, wind and BESS in Europe, the Americas, Africa, Asia and the Middle East.
Clients work directly with the person doing the analysis, with no layered teams and no generic templates. Specialist collaborators are brought in where local depth or technical modelling calls for it.
Insights
Notes from the practice
PPA Advisory · 7 min
Latin America's Data Centres Will Skip Europe's PPA Mistakes
Latin America's data centre operators can learn from Europe's PPA market and move directly towards hybrid, baseload-like structures that better match round-the-clock power demand.
ReadPPA Advisory · 6 min
Why PPA adoption is accelerating in Latin America
Latin America has lagged Europe and the US on corporate PPAs despite abundant resources. Market liberalisation, hydropower volatility and currency de-risking are now changing that.
ReadProject Finance · 11 min
Unlocking renewable energy financing in emerging markets
Over 1 TW of solar, wind and BESS is set to be built across emerging markets by 2030, worth USD 1.3 trillion. Getting it financed depends on green bonds, blended finance and the right de-risking tools.
ReadFAQ
Common questions
What is included in a commercial due diligence review?
A commercial due diligence review covers the market, regulatory and revenue fundamentals of a renewable energy transaction: power price and capture rate outlooks, route to market and PPA positioning, grid and curtailment risk, policy and geopolitical exposure, and a critical review of the seller's assumptions. The output is a clear view of value, risk and the issues that should shape price and contract terms.
How does KlaraVolt support corporate PPA offtakers?
We support corporates across the full PPA lifecycle: deciding whether a PPA makes sense against grid tariffs, selecting markets and structures, running or supporting the solicitation process, and negotiating commercial terms. Our PPA Monitor keeps clients current on PPA economics versus grid tariffs in their markets after signing.
Which markets and technologies do you cover?
We focus on renewable energy technologies, including solar, wind and battery storage. KlaraVolt has transaction experience across Europe, the Americas, Africa, Asia and the Middle East. Our particular strength is emerging markets, where regulatory complexity and limited comparable data make specialist diligence most valuable.
What are the Monitor deliverables?
There are two: the Market Entry Monitor, built for developers and financiers working in emerging markets, keeps you ahead of policy shifts, new project activity and tariff and geopolitical developments across your target markets. The PPA Monitor is written for corporate buyers and follows how PPA pricing compares with grid tariffs, so you know when contracting makes sense.
How do engagements typically start?
Most engagements start with a short call to understand the transaction or question at hand. From there we propose a scoped piece of work with a fixed timeline, whether that is a full commercial due diligence review, a PPA advisory mandate, or a subscription to one of our monitors.
What size of transaction or client do you work with?
We work with developers and investors on transactions from single-asset acquisitions to multi-hundred-megawatt portfolios. On the PPA side, we advise corporate and industrial offtakers on whether, where and how to buy renewable power, from a single-site agreement to a multi-market procurement programme.
Contact
Let's talk about your deal
Tell us briefly about the transaction, market or procurement question. We'll come back within two business days.