Assets Management
Asset Management for Renewable Excellence
Assets Management
Business Assets Oversight
Edma Energy excels in comprehensive commercial asset management, overseeing every aspect of facility governance from start to finish. Our expertise encompasses regulatory compliance, contractual and legal nuances, taxation, administrative tasks, and environmental responsibilities.
Typically, our clientele consists of SPVs (special purpose vehicles) – entities birthed for this very mission, often as offshoots of larger corporations. Trust Edma Energy with your complete commercial asset management demands.
Project Finance Management
Renewable energy facilities necessitate significant capital and a comprehensive long-term financial strategy. At Edma Energy, our team comprises experts adept in handling tailored, structured financing, often termed as 'project finance'.
We diligently track and validate distinct commitments, formulate annual financial projections, which include profit, loss, and cash flow, and generate reports tailored for financial institutions. Complementing this suite of services, we also provide cash flow assessments and in-depth liquidity analyses.
Accounting and Finances
At Edma Energy, we meticulously log accounting entries and determine the relevant depreciation provisions. Additionally, we manage the firm's financial records and handle all business correspondence.
Accounting
We craft monthly or quarterly financial reports, along with annual statutory accounts. We ensure these reports are duly registered with the Business Registry. Furthermore, if our clients desire, we can coordinate and oversee external accounting audits.
Tax Management
We simplify the intricacies of tax responsibilities tied to renewable initiatives. Our vigilant monitoring of regulatory adherence and crafting of annual tax schedules provides our clients with the assurance of full tax compliance.
But our role doesn't stop at strategizing; we diligently prepare, submit, and oversee tax returns, manage tax refunds, and when required, maintain a seamless liaison with tax authorities regarding all tax-centric issues.
Financial Reporting
The entity overseeing the facility must consistently provide financial updates to its stakeholders. In line with this, Edma Energy's Business Asset Oversight team delivers monthly financial summaries and a detailed executive report every quarter.
Treasury Management
We oversee the organization's financial statements and facilitate the setup and execution of preferential credit lines and tax deferrals.
Our team is adept at formulating and executing payment directives, ensuring timely debt settlements as per predetermined financing and intra-group agreements.
Additionally, we handle revenue and tax account management for our clientele.
Legal Assistance
Managing renewable assets can present a myriad of legal and corporate challenges. However, entrusting these tasks to experts can simplify matters. At Edma Energy, we assist our clients with the preparation of board of directors and shareholder meeting minutes.
We meticulously oversee the organization's legal documentation and handle all contractual paperwork, allowing our clients to focus on other priorities with increased tranquility.
Assets Management
Technical Assets Oversight
Technical asset management handles the operational stage of renewable resources. It ensures and checks compliance with both regulatory requirements and contracts for the project and all associated third parties.
Employing a technical asset manager boosts your production efficiency, lowers expenses, and confirms adherence to the latest technical standards. Such oversight ensures seamless coordination with third parties involved technically in your facility.
Typically, our clientele consists of SPVs (special purpose vehicles) – entities birthed for this very mission, often as offshoots of larger corporations. Trust Edma Energy with your complete commercial asset management demands.
Performance Tracking
A renewable energy facility isn't self-sustaining. We keep a remote eye on the plant, tracking key KPIs, assessing anomalies, scrutinizing alarms, and evaluating daily performance. Additionally, we oversee both preventive and remedial maintenance activities, examine SCADA (the facility's control software), utilize virtual reality for parameter management, and promptly relay identified issues to the plant's O&M contractor.
Performance Analysis
This is a crucial element of asset management. Every month, we ensure the plant's optimal operation by pinpointing discrepancies between real and anticipated performance, spotting incidents, deciphering their origins, and suggesting enhancements to both the facility and the operator's processes. All these efforts aim to prolong the technical lifespan of the plant and boost production.
Plant maintenance
Every quarter, we plan visits to the plant or the collection of plants. During these visits, we assess the facility's overall state, validate key preventive and corrective actions, conduct meetings with the operator, and offer guidance on any identified issues.
If any issues arise at the plant, we manage all the necessary maintenance or repair activities to ensure minimal disruption to the asset's production.
Energy Management
Every month, our team handles production assessments, revenue computations, andverifications. We manage claims with the energy purchaser or offtaker and communicate with primary billing and payment entities. Furthermore, we orchestrate the necessary steps to guarantee accurate biling for the energy delivered to the grid.
Project Management
Risk and event mitigation
Our technical asset management team manages and oversees insurance claims from initiation to resolution, ensuring clients receive due compensation. We collaborate seamlessly with all relevant entities, including the O&M provider, insurance broker, insurer, expert agency, security firm, and others.
Technical Reports
Our technical asset management role involves delivering comprehensive monthly technical reports about our clients' plants. These reports furnish specific insights into the current condition of the asset.
They encompass production metrics, technical and contractual readiness, an overview of significant malfunctions (complete with actions initiated and their present status), as well as updates on permits and legal matters.
Furthermore, these documents highlight any detected concerns and their mitigation strategies that might affect production, budgetary performance, KPI oversight, revenue from the project, and all aspects of health, safety, and environmental preservation. We detail significant maintenance activities (preventive, corrective, and predictive) carried out during the month and anticipated for the subsequent month. For several clients, we also draft quarterly executive summaries.
These summaries pinpoint key initiatives that need monitoring or executive decisions.
Being specialists in technical renewable asset management, we're adept at examining the O&M provider’s documentation. Should we identify any inconsistencies between our analysis and the provider's, we promptly inform the client.
Assets Management
Assets Management Consulting
Asset management consulting provides comprehensive oversight of facilities, emphasizing their maintenance and profit optimization. We specialize in conducting technical evaluations and analyzing asset behavior to enhance plant efficiency. By merging technical and economic viewpoints, we aim to extend the operational lifespan of the plant.
Enhancement and efficiency evaluation
We deliver an in-depth assessment of the plant's data and the performance of its primary equipment. As asset management consultants, we suggest various strategies and action plans to enhance the facility's efficiency, always considering the cost-benefit balance of their execution.
Technical assessment, evaluation, and scrutiny services
In need of a specialist to perform a technical review of your plant? Edma Energy provides such services for solar and wind farms.
Our technical review encompasses thermography, I-V curve assessments, power curve evaluations, performance analysis of major components, blade alignment, anemometer readings, alarm-centric performance (mitigating alarm-associated losses), vibration assessments, and blade inspections for issues like cracks and defects.
Contract optimization and negotiation
Optimizing a facility's operational contracts is pivotal in asset management. Through a thorough examination and assessment of related scopes and expenses, we aim to enhance the asset, ensuring the plant's smooth operation.
Guidance on PPAs and income optimization
PPAs (power purchase agreements) pose complexities in renewable asset management, underscoring the need for specialized expertise in managing and scrutinizing these contracts. Edma Energy offers dedicated PPA support, meticulously evaluating potential risks inherent in these agreements.
Refinement of electricity supply agreements.
We provide full support for your renewable energy projects.
At any stage and across all countries, locate the specialist you require for your solar or wind energy facility. Maximize the potential of your installation. We clear your complexity!
Our Portfolio
Project Cases
Edma Energy's renewable energy portfolio is a curated collection of various green energy assets or projects, managed under the Edma Energy, emphasizing sustainability, innovation, and optimized returns.
