Typical situation no. 72
A foreign infrastructure fund receives a teaser for land in France marketed as 'grid connected, 100 MW available'. The seller wants an offer within three weeks. The fund does not know French grid connection documents and cannot tell what lies behind the claim.
WHAT IS BLOCKING
- The teaser does not say which document it refers to.
- The fund's team cannot tell an exploratory study from an accepted connection offer.
- The timeline leaves no room for full due diligence before the offer.
WHAT WE DO
- List of documents to request from the seller, sent on day one.
- Review of the documents received: type, holder, power, queue position, deadlines.
- Realistic energisation date range, with its assumptions.
- Short note: what is proven, stated or missing, and the conditions to put in the offer.
WHAT YOU GET
- An offer based on documents, not on a teaser.
- Conditions precedent that protect the fund.
- A clear basis for full due diligence.
Typical format: Fast document review, one to two weeks. Every assignment is scoped in writing before it starts.
THE EXPERT FOR THIS
Typical situation, based on real enquiries and anonymised. Figures are illustrative.
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