Kaiserwetter Launches IRIS, Cutting Renewable Energy M&A Due Diligence to 5 Days

Using smart data analytics, predictive analytic and machine learning,
IRIS reduces the technical due diligence for wind energy M&A
transactions from five weeks to five days (or less)

IRIS, a global web-based analytics machine, is born from the
company’s award-winning cloud-based IoT platform—ARISTOTELES

Kaiserwetter will be at REFF Wall Street showcasing IRIS and
ARISTOTELES to investors

NEW YORK–(BUSINESS WIRE)–#cleanenergy–Kaiserwetter Energy Asset Management GmbH (Kaiserwetter) today launched IRIS,
an energy IntelliTech innovation, to significantly reduce the time and
cost of wind energy M&A transactions. The company will be demoing the
data intelligence service along with its ARISTOTELES platform at REFF-Wall
Street 2019
in New York City this week.

IRIS uses proprietary algorithms and smart data analytics to quickly
produce detailed due diligence reports that identify and assess asset
risks and performance. By digitizing this process, IRIS can produce
these reports in five days or less, lowering transaction cost and
expediting asset valuation and deal closing.

“Traditional due diligence reports for wind energy deals can take five
weeks or more, but IRIS can produce more detailed and accurate reports
in a matter of days,” said Martin Kornemann, chief data officer at
Kaiserwetter. “This is a real game changer for wind energy M&A work.”

Last year was a banner year for renewable energy M&A transactions in the
U.S. In 2018, 9,855 MW of wind energy were sold, according to FTI
Consulting
. With the impending production tax credit (PTC) cliff,
experts believe that there will be a significant increase in onshore
wind M&A activity through 2020.

Making the due diligence process for wind deals easier, more efficient
and informative, IRIS’s reports include asset health status information,
energy production insights, performance analytics, meteorological
analysis, temperature analytics and data quality information.

One of the unique and most valuable portions of IRIS’s report is the
potential analysis—an assessment of the possible increase in asset
performance (potential gain). Regarded as a “magic number” for the
entire investment cycle, the analysis shows the potential that exists
from a technical perspective for improving investment return.

In addition to providing data intelligence for M&A transactions, IRIS
can also create status reports for asset holders, financing banks and
rating agencies of wind farms who are looking for comprehensive
information regarding performance and technical conditions at any given
point in time. When the reports are created on a regular basis, they can
help these clients develop an independent and data-based perspective on
the wind farm. These periodic status reports can give investors
certainty regarding long-term performance, especially when it comes to
asset-based capital market products (e.g. bonds). These reports can also
help detect the causes for underperforming assets and identify weak
spots.

IRIS is the first technology outgrowth of ARISTOTELES, a cloud-based IoT
platform performing Data Analytics as a Service (DAaaS) launched in
2017. Developed in partnership with SAP, ARISTOTELES turns complex and
unstructured technical and financial data into valuable and actionable
real-time intelligence for investors and financial institutions to
minimize investment and lending risks and maximize monetary returns and
cash flows.

“IRIS is a natural extension of our ARISTOTELES platform, and like that
platform, it will help catalyze investment into renewable energy,” said
Hanno Schoklitsch, CEO of Kaiserwetter. “IRIS will save investors,
sellers, financing banks, rating agencies and M&A consultants valuable
time and money.”

For more information about IRIS, visit www.kaiserwetter.energy.
For a demo, contact Claire Sharp, Kaiserwetter’s head of business
development in North America, at [email protected].

About Kaiserwetter Energy Asset Management GmbH

Kaiserwetter is the market’s first energy IntelliTech company, providing
Data Analytics as a Service (DAaaS) to catalyze investments into
renewable energy. The company’s digital intelligence product suite
includes its award-winning, cloud-based IoT platform ARISTOTELES,
which uses smart data analytics, predictive analytics, and machine
learning to minimize investment risks, maximize returns and create
financial transparency. Also, IRIS, the company’s web-based
Analytics Machine, providing detailed due diligence analysis for wind
energy M&A transactions and quick insights into the current state of
existing wind assets. And ZULU, the world’s first online service
configurator, enabling customers to modularly configure services related
to the technical and commercial management of renewable energy assets,
creating transparency and minimizing operational expenditures.

Kaiserwetter offers its specialized digital services to all stakeholders
as part of an investment process and throughout the entire investment
cycle on a worldwide basis. Clients include investment funds, private
equity investors, infrastructure funds, financing institutions,
insurance companies, supranational organizations, rating agencies and
energy companies. The company, which was founded in 2012, is
headquartered in Hamburg with offices in Madrid and New York and is in
the process of expanding into China and India.

Further information about Kaiserwetter, visit www.kaiserwetter.energy
or follow the company on LinkedIn
and Twitter.

Contacts

Jenny Wang
[email protected]
814.506.4597

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