Manufacturer in the Energy Industry - Phase I Environmental Due Diligence

  • Manufacturer in the Energy Industry - Phase I Environmental Due Diligence  imagine 1

Client: Confidential, Germany

Location: North-western part of Romania

Related Services: environmental assessment, transaction services

AUDITECO GES was retained by a Client to perform a Phase I ESA, as part of an EDD procedure, for two Romanian facilities of a global manufacturing and technology company operating in the energy industry.

The purpose of the Phase I ESA was to identify potential documented environmental issues and liabilities associated with past and current activities at the site, and to assess, on a preliminary basis, environmental ground conditions with respect to on-site and off-site historical activities which might have impacted soil and groundwater quality.  An initial site visit was conducted to visually assess site conditions and current surroundings; further dataroom activities comprised a review of historical site layouts, permits and other relevant documents.

Project reporting included the preparation of a Phase I ESA report, incorporating detailed conclusions of the assessment and recommendations for the benefit of the facility, so as to:

  • Provide support in the decision-making process for the site divestiture;
  • Foresee any environmental risks associated with current physical site conditions;
  • Provide indications on potential environmental liabilities to be considered by the current or future ownership of the facility.