Enertis to support Goldman Sachs’ acquisition of 500MW of PV assets

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With three offices located in San Francisco, Jersey City, and Raleigh, the Enertis' team in the US has worked with over 60 Technical Due Diligences just in the first quarter of 2019.

Global consulting and engineering firm Enertis will support Goldman Sachs Renewable Power LLC (GSRP) with the acquisition of three PV portfolios with a combined generation capacity worth over 500MW of utility-scale and C&I assets in the US.

Enertis will support GSRP as an independent engineer with the provision of technical due diligence for the acquisition of the portfolio, which is comprised of numerous types of installations, including large-scale ground mounts, rooftops and carports.

The installed power capacity of the sites ranges from 50kW to up to 100MW. With three offices located in San Francisco, Jersey City, and Raleigh, the Enertis' team in the US has worked with over 60 Technical Due Diligences just in the first quarter of 2019.

Iñaki Herrero, managing director of Enertis for North America, said: “It is always a great challenge and honour to support clients like Goldman Sachs Asset Management who work with the highest standards and demanding timelines, a great team, flexibility and tools to process large volume of data has been key to successfully deliver in these projects.”

David Fernandez, vice president of Goldman Sachs Asset Management Renewable Power Group, added: “In supporting the simultaneous due diligence of these three portfolios, Enertis demonstrated great flexibility and was able to scale up operations very rapidly while continuing to provide the first class technical advisory services GSAM seeks in the evaluation of renewable energy opportunities.”

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