what we do

overview

We are leaders in the provision of strategic advice and due diligence services to support M&A and project finance in the energy transition, infrastructure and chemicals industries.

A team with 50+ years of combined experience advising corporate and private equity clients on both commercial and technical due diligence as well as ESG advisory.
We do transaction support and project finance due diligence in addition to providing strategic support in many other areas.

explore what we do

Transaction support

Transaction support

M&A can be a highly effective enabler of value creation – and therefore our approach to due diligence focuses from the start on testing the investment hypothesis and the value levers of an acquisition. Equally – the wrong asset or purchase price can be value dilutive, so etasca’s approach ensures our clients have full visibility of both the value potential from an investment but also the potential risks.

 

The principles behind etasca’s deal advisory methodology are:​

Integrated commercial, technical and ESG DD

Value creation is rarely achieved in isolation of these elements, so we believe an integrated due diligence model is most effective​

Proprietary market and technical data ​

Deal timetables are tight, and an existing point of view and strong analytics are crucial to testing the assumptions underpinning a target’s business plan

Existing knowledge of sectors and assets​

Our consultants all come from the energy and chemicals industries and have experience executing M&A as both advisors and in industry on the client-side

Long-term view​

etasca’s consultants typically have 15+ years of experience and recognise that all investments – particularly in the energy and chemicals sectors need to be looked at from all points in the cycle

Project finance

Project finance

​We understand that lenders require a full understanding of the commercial, technical and environmental risks of a project through its lifecycle. This support starts as early as the project feasibility stage and continues through financial close, construction, commissioning and operation.

We support projects through the following services:​

Independent market and competitive assessment

Independent supply/demand, pricing outlook and competitive positioning

Competitive landscape

Assessment of the competitive environment today and in the longer-term

Offtake agreements

Review of offtake contracts to assess market and selling risks

Technology Review

Review technology maturity level, yield, guarantees, mass and utility balances

EPC, PMC and Licensor Contracts

LSTK vs reimbursable, ISBL and OSBL interfaces

Project timetable, capex and opex​

Schedule conformance, delay assessment in addition to capex build up and contingency

Financial Model input​

Provide inputs and sensitivities for lenders’ case

Strategic advisory

Strategic advisory

Strategic advisory support underpinned by deep commercial and technical knowledge of the energy, infrastructure and chemicals industries.

etasca’s consultants have advised clients on most areas of corporate strategy including:​

Technology​

Technology due diligence, cost of production benchmarking, scale-up analysis and technology readiness level (“TRL”) assessment

Commercial assessment​ and industry insights

Value chain development​, independent market analysis, market-entry and product placement strategy

Regulatory/policy assessment and compliance

Operations

Operational improvement, cost benchmarking and operational efficiency improvements

M & A

Acquisition screening, portfolio review and vendor support/sell-side readiness

Business planning​

Business plan assessment, financial modelling and economic evaluation​

ESG Support​

Independent ESG support

Energy transition and decarbonisation assessments and implementation