Infrastructure M&A: Navigating known risks part three

Tax treatment can sometimes be crucial to an M&A transaction. Interpreting the tax law can sometimes be the difference of a sale proceeding or not. Marsh recently worked with a client who was looking to sell their wind farm, but there was a question as to whether they were technically an operating business and therefore eligible for a participation exemption. In this episode of our Infrastructure Risk Perspectives podcast we discuss the tax treatment of this sale and how contingencies arising from it were addressed through the use of specific risk insurance. To download the transcript please click here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter or visit marsh.com. 

Buyers and sellers often uncover risks in their due diligence. In some instances, these risks can cause blocks and the transaction stalls. Marsh recently worked with an onshore wind farm acquisition to assess the potential impact to the owner from a judicial review. Had the judicial review been successful, the buyer would have been paying a large sum of money for a field rather than a profitable project.  In this episode of our Infrastructure Risk Perspectives podcast we give some background to this case and explain the insurance solution that was placed, which ultimately created a positive impact for both related parties. To download the transcript please click here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter or visit marsh.com. 

For a project to be eligible to receive subsidies and feed-in tariffs, there is often strict criteria that needs to be met. Often these rules operate to ensure that smaller projects, who have fewer economies of scale, are able to benefit from larger feed-in tariffs. However, some contractors have tried to circumvent this criteria by building multiple small projects next to each other versus aggregating into one large project. In this scenario, there is an identified risk that the regulator might disagree with this approach and ask for the projects to be aggregated. This could result in the project being offered a lower rate of feed-in tariff and the regulator might even claw back any feed-in tariff that has been received historically. In this episode of our Infrastructure Risk Perspectives podcast we explore this risk using a recent case study and explain what the ultimate insurance was and why this created a positive impact for both related parties.  To download the transcript please click here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter or visit marsh.com. 

Throughout an M&A transaction there can be a myriad of risks - from legal to financial, commercial to tax. But how do parties identify which risks are insurable in the context of M&A, and are there insurance solutions that can help de-risk the situation for both buyer and seller? In this episode of our Infrastructure Risk Perspectives podcast we discuss the impact of known versus unknown risks in infrastructure M&A, and explore how specific risk insurance can help to facilitate these transactions. To download the transcript please click here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter or visit marsh.com. 

Growth in battery energy storage system (BESS) project numbers is driven by advancing technology and investor appetite. What challenges and opportunities does this growing asset class present to developers, equity investors and lenders? This episode of Marsh's on-going podcast series explores this theme, with Marsh's Martin Bennett, Tom Burrell, Darren Popham, Chris Taylor and Sabbir Khandokar. You can access a transcript of this episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com.