According to the European Investment Bank (EIB), many technologies, when they are ready to scale, enter the "Valley of Death" after investing a considerable amount of money and time, due to the technology risk involved and the long development timelines.
In times of climate crisis, caring for our planet and fighting the carbon footprint have become priorities also in the business. Technology innovation is essential within the energy industry to reduce the impact on the environment.
Our DPI® Review Services provides;
The project developer with a financial guarantee to support their project. Contributes to a positive corporate image, and competitive advantage.
An accreditation of bankable technology.
Reduce the maturity timeline normally required by lenders.
Reduce the time of costly due diligence for the project developer.
Remove the need to continually provide plant performance details and allow a site visit with every developer's funder
Increase acceptance for EPC contractors.
Reduced need to borrow expensive money to keep the plant running under demonstration status.
Fast track towards commercial deployment and export. Your technology can be used in a competitive tender.
Mitigate operational track record guarantees and other critical technology issues that are required by the project developers funders resulting in your technology having a competitive advantage in your marketplace.
Our technology review starts with an initial in-house due diligence review of documented evidence of the plant performance. The review, which is at no cost, is to determine the possibility of reaching successful commercialisation supported by the provision of guarantees through our Debt Protection Insurance (DPI®). Which, when commercially deployed available to the project developer, subject to the due diligence required under the Debt Review Service.
The review is to understand the current status of your plant performance, history, due diligence, third party reviews and testing regimes, proposed manufacturing approach- achievable quality and productivity, the fabrication of all components, and ensuring that the various elements are built to comply with industry best practice, both in terms of materials and manufacture. Any gaps or areas of concern identified are ranked for further discussion.
Based on the completeness of the data and information provided (in English) we issue a report that summarises the acceptability of the technology which could include a Statement of Suitability for Project Guarantees when the technology is commercially deployed.
Your review will have an identification number which is specific to the plant on which the due diligence was carried out. The accreditation would not cover any variations to the original plant, and the due diligence and additional due diligence would be required.
Allied Project Services Ltd Desktop Review Service is offered to selected clients at no cost . Allied retains the right to use the final report to arrange finance for the client.
As a result of a completed report and a funder being identified, further detailed due diligence might be required. If so, it will be carried out and managed by Allied Project Services Ltd and other third parties on behalf of its client at an agreed hourly rate between the third parties and the client.
The time period for further due diligence outside of the Desktop Review will be by requirements of the funder identified or the client. At this point also, and to enable Allied to continue discussions about the project directly with the funder, Allied will be required to be mandated by the client and a commitment fee paid, which shall refundable only on financial close
Allied do not offer insurance, or financial advice and user information should be seen as a guide and not be seen as a recommendation to use any particular insurance or investment strategy. Allied shall have no obligation to update these terms and conditions and shall have no liability to you or any other party arising out of its publication or any matter contained therein.
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