FAQ – Renewable Energy Sources
Virtual Data Room brings many benefits to RES projects, especially at the stage of preparation, financing and implementation of the investment. Here are the most important ones:
- Secure document management – VDR enables storing and sharing key technical, legal and financial documents in one place, with full access control.
- Collaboration with many parties at the same time – allows investors, financing institutions, contractors and advisors to work on current data, without the need to send files by email.
- Faster and more transparent due diligence process – structured document structure and reporting functions facilitate the assessment of the project by potential partners and funds.
- Compliance with legal regulations and regulations – VDR meets data security standards and supports transparency, which is crucial in projects financed from public or EU funds.
- Saving time and costs – electronic document repository and the possibility of remote work significantly speed up decision-making processes and reduce the number of physical meetings.
- Better communication – thanks to functions such as Q&A, project participants can quickly exchange information, which helps avoid misunderstandings and delays. VDR is a solution that supports professional management of renewable energy projects from the planning stage to investment finalization.
Here are the most common types of documents shared:
- Technical documentation – conceptual designs, building permits, environmental reports, installation specifications (e.g. photovoltaic farms, wind farms, biogas plants).
- Legal and formal documents – land lease or ownership agreements, administrative decisions, legal opinions, concessions, environmental consents.
- Financial documents – profitability analyses, credit agreements, bank guarantees, documentation for financing institutions.
- Agreements and contracts – with contractors, technology suppliers, network operators.
- Schedules and plans – implementation schedules, risk analyses, project management plans and progress monitoring documents.
- Thanks to VDR, all these documents are securely stored and made available only to authorized persons – which significantly improves cooperation and the decision-making process in RES projects.
Yes, the platform provides full support in the due diligence process of renewable energy projects.
Facilitates due diligence – all technical, legal and financial documents are organized and available in one place, which speeds up the analysis of the project by potential buyers or investors.
Increases data security – confidential information is protected by advanced access and encryption mechanisms, which is crucial during negotiations.
Allows you to manage access – you can precisely define who has access to which documents and for how long, which gives you full control over the course of the transaction.
Supports transparency – detailed reports of user activity help track the interest of the parties and the course of the sales process.
Facilitates communication – the built-in Q&A module allows you to efficiently answer investors’ questions, without the risk of mistakes or duplicating information.
Yes, industry and financial investors use VDR to analyze project profitability and risks.
Virtual Data Room significantly supports cooperation with banks and financial institutions in renewable energy projects, ensuring transparency, security and efficient flow of information. It enables secure sharing of financial documents and reports for the needs of project financing.
Yes, FORDATA VDR offers flexible cooperation models tailored to your current needs. You can use the solution once – for a specific RES project – or choose a long-term plan that allows you to conveniently manage many processes in one system. This way, you optimize costs and use the tool when it is really needed. You can contact us at any time to receive an individual quote tailored to your scope of activities.
FORDATA VDR ensures the highest level of data protection (data is stored on servers in Poland with the TIER III standard), which is crucial in RES projects, where confidential technical, financial and legal information is processed. The system uses EV SSL data encryption, two-step authentication (2FA), advanced authorization management and access control at the document and user level. VDR also meets the requirements of IT and Compliance departments of banks. We ensure compliance with EU law, DORA, GDPR, MIFID and MAR.
Yes, FORDATA supports both domestic and international RES projects, offering a safe and compliant document management tool. The system interface is available in four languages: Polish, English, German and Czech. Additionally, thanks to the AI Translations function, investors can benefit from real-time document translation in up to 59 languages, which allows for fast and efficient international transactions without unnecessary delays.
Yes, FORDATA offers a 14-day free VDR trial period, which allows you to familiarize yourself with the system’s functions and check how to effectively manage documentation and access in a wind farm project.
Additionally, you can take advantage of a dedicated demo meeting, during which our experts will show you how to best use VDR in your project and answer all your questions.