Energy Peace Partners - Due Diligence
Energy Peace Partners - Due Diligence
Once your pre-screening application (or at least one project on your pre-screening application) has been approved by Energy Peace Partners, you will be able to proceed with remaining due diligence items on Odyssey.
After being approved, you will be invited to the “Energy Peace Partners - P-RECs Due Diligence” Program in Odyssey.
Submit your Qualification Application for a single project or for a portfolio of projects
Navigate to the Application section of the Program from the top panel
Complete all required fields, remembering to save your work often.
Click “Submit”
NOTE: If you expect you will have new projects or portfolios to submit at a later time, simply leave those sections blank. You will be able to submit new information later on.
Submit documents as part of Energy Peace Partners’ Due Diligence process
To upload new documents for Energy Peace Partners' review:
Navigate to the Application section of the Program from the top panel
Click on the Attachments tab on the top of the page
Organize file uploads into the preset folders, based on the due diligence steps, outlined below.
NOTE - You must always include the project or portfolio name in the file name. If you have multiple portfolios or multiple projects you are not submitting as a portfolio, please organize those files into separate sub-folders.
Due Diligence Step / Folder Name | Documents to be uploaded |
1. Application Selected and KYC Questionnaire | P-REC Due Diligence Documentation (Document 2) KYC Questionnaire (Document 3) |
2. Developer Deck | P-REC Developer Deck (Document 4) |
3. Registrant and Participant Forms | I-REC Registrant and Participant Application Form (Document 5) Registration and Issuance Agreement (Document 6)
|
4. Contracting | P-REC Side Letter (Document 7) |
5. Device Registration | Device Registration Form (Document 8) |
6. Production Group Template | Production Group Template (Optional, Document 9 |
7. Issuance | I-REC Issuance Request Form (Document 10) |
8. Annual Report | P-REC Sellers’ Annual Report (Document 11) Developer Annual Compliance Certificate (Document 12) |
Track new document submissions
Navigate to the Messages section of Odyssey
Send a message to Energy Peace Partners to let their team know you have completed a new step in the due diligence process (i.e. submitted new document(s).)
Share your projects with Energy Peace Partners
You may already have created and modeled on the Odyssey platform. If this data already exists in the platform, you can share those projects with Energy Peace Partners for review. Otherwise, you will create new projects to be shared with Energy Peace Partners.
To share a project:
Navigate to Plan > My Projects
Choose the Project you would like to share from your Projects list
Navigate to Project Submission from the top panel
Click “Share Project with Organization” and select Energy Peace Partners from the list of dropdown options
If you have not already created and modeled your projects on the Odyssey platform, you will need to create new projects and enter detailed information in the project's data modules. Please refer to our platform help guides for more detailed step-by-step instructions on creating a project here.
To create a new project:
Navigate to the Claims section
Create a new project by clicking on the Mini-grid project icon
Fill out location and other basic details in the Information section
Note: This project will be auto-tagged with the program "Energy Peace Partners P-RECs - Due Diligence"
The following data modules are optional:
Load
In the Load module, you will provide information on the number and type of customers as well as the projected load profile. Learn more about creating a load assessment.
Generation Design
Once your load profile in Odyssey is complete, you can design a generation system. Odyssey is integrated with HOMER Energy to enable rapid system design based on your load assessment. Odyssey pulls in your 8760 load profile and site location to design your generation system. Learn more about designing your generation system.
If this is an interconnected mini-grid, be sure to pull in the grid component to your design. Read more about the options for modeling an interconnected mini-grid in the FAQ article: What are my options for modeling an interconnected mini-grid?
Distribution Design
In the Distribution Design module, you will track and categorize capital expenditures related to the distribution network and customer connections. The distribution system costs will be pulled into the Financials section and used to calculate project financial performance metrics. Learn more about tracking distribution design costs.
Costs
The Costs module, is a place to track and categorize project capital and operating expenditures. These will be pulled into the Financials section and used to calculate project financial performance metrics. Learn more about tracking costs.
Revenue
The Revenue module calculates your revenues based on your defined tariff structure and forecasted load profile. Learn more about entering your tariff structure.
Financial
In the Financials section, you will enter project-level sensitivities and account for ramping/growth rates for your load assessment. The financial page uses all the information you entered into Odyssey to calculate key financial metrics. Learn more about calculating project financials.
Track your application status in Odyssey
- On Hold - The Energy Peace Partners team is still reviewing or requires extra information to be able to qualify your application. You will be able to upload extra documents and modify your application.
- Not Approved - You have not been selected at this time by Energy Peace Partners.
- Approved (Due Diligence) - You have been selected by Energy Peace Partners to move forward with Due Diligence and will be asked to upload additional documents as part of your application.
Communicate directly with Energy Peace Partners
In the Messages module , you can communicate with the program administrator regarding the status of your submissions or any other matter related to the program. You will receive email notifications if you have new posts in this section.
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