A clean energy technology company (“the Company”) is a portfolio-scale energy solution and funding provider that uses proprietary data and AI to deploy performance-driven sustainability upgrades, which generate energy savings for the Company’s enterprise customers. The Company facilitates its cost reduction and carbon reduction programs without capital investment from its customers through fully funded LED, HVAC, solar, geothermal, and other energy upgrades with turnkey deployments.
READ MORE: Upstream: Transactional Due Diligence: Acquisition Data Integration
Opportune was engaged to perform public company readiness services, first through a contemplated de-SPAC transaction, which ultimately shifted to an IPO process. The scope of services performed included:
The Company initially engaged Opportune in project management and oversight roles for the IPO process, but subsequently expanded the scope of the engagement to include financial reporting, technical accounting, and financial planning and analysis workstreams. Opportune added significant value by leveraging its extensive IPO execution expertise and expeditiously deploying cross-functional resources to enable the Company to capitalize on the energy transition and infrastructure opportunities in the public markets on an expedited timeline, which will ultimately allow the Company to further scale its business and invest in critical new service lines. We expect to continue assisting the Company’s external reporting processes as it transitions to operating as a public company will monitor and deploy resources on an ongoing basis to ensure sufficient bandwidth through that transitional phase.
READ MORE: Upstream: Complex Financial Reporting: From Zero To IPO
The Complex Financial Reporting team at Opportune has extensive experience working with financial statements and footnotes, including SEC filings, and we understand the fine print. Financial footnotes and management’s discussion and analysis are among the most complex and critical pieces of financial reporting as a public company. Knowing how to interpret and construct these disclosures is crucial to SEC compliance, and Opportune can offer deep expertise in this area, along with a specific focus on energy-industry interests. For more information, CLICK HERE.
When you choose Opportune, you gain access to seasoned professionals who not only listen to your needs, but who will work hand in hand with you to achieve established goals. With a sense of urgency and a can-do mindset, we focus on taking the steps necessary to create a higher impact and achieve maximum results for your organization.Leadership
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