Mazars, the international tax, audit and advisory firm, has partnered with Enian, a software developer focused on the global renewable energy sector, to help renewable energy firms to adopt leaner, more agile, and more profitable processes.
Enian’s software combines a powerful project management platform with live mapping tools linked to energy yield and grid data. Renewable energy project owners are able to use the software to speed up site selection processes, link project documentation to project timetables, produce instant summary reports or investment teasers and carry out portfolio-level analysis.
Over time, the software is likely to develop further capabilities, including aiding ESG reporting and the ability to provide an audit trail of spending on sites, especially those in the development phase. By combining Mazars’ practical knowledge of investor needs in the sector with Enian’s machine learning technology and enhanced workflow tools, Mazars’ Energy, Infrastructure & Environment team anticipates being able to add significant value to clients, helping them to adopt leaner, more agile, andmore profitable processes.
Ben Morris, Partner at Mazars, says: “Digital transformation and innovation is at the heart of our firm’s strategy , and it is exciting to bring our clients in the renewable energy sector a bespoke platform that can really add value over time. There is a natural fit between Enian’s software and many of our transaction advisory, modelling, and reporting services in the energy sector and we are looking forward to support Enian further develop the capabilities of the software”.
Phillip Bruner, CEO of Enian, says: “We are very conscious of some of the soft costs associated with developing renewable energy projects.
“Commercial projects at an early-stage rarely attract institutional investors— there is a flood of capital in the market seeking bankable opportunities, but the upfront costs and risks of project development as well as the time it takes to prequalify projects are prohibitive. We can help firms save money and accelerate development, therefore making projects more commercially attractive earlier on in the lifecycle.”