Energy M&A advisory for developers and IPPs.
Hillcrest advises sellers and buyers of solar and energy assets, from early-stage development pipelines to operating portfolios. We build the model, run the process, and carry diligence through close.
Both sides of the table
Sell-side
We position the asset, build the buyer universe, run a competitive process, and negotiate terms through closing. Sellers get a defensible valuation and a process that holds buyers to their bids.
Buy-side
We source and underwrite acquisitions with a developer's read on interconnection, permitting, site control, and operating performance, so price reflects the risk actually in the asset.
University rooftop and carport solar portfolio
Hillcrest is serving as sell-side advisor on an operating rooftop and carport solar portfolio at a Washington, D.C. university, on behalf of a D.C.-based independent power producer. Diligence is underway.
Built by a developer, not a generalist
Hillcrest is led by Miles Braxton, who spent nine years in solar development, project finance, risk, and asset management, including roles at Goldman Sachs Renewable Power and Summit Ridge Energy, before founding a community solar development company.
Development judgment
We have originated, contracted, and sold early-stage projects ourselves, so we price development risk the way acquirers do.
Finance fluency
Models, debt stacks, tax credit structures, and lender consents are handled in-house rather than handed off.
Senior attention
The principal leads every engagement, from the first teaser to the closing call.
The models behind the advice
Our solar project, portfolio and storage models are available off the shelf, set up for your team, or built around your structure, with retainer support for teams that model deals every month.