EDD is a very important input to risk assessment in many financial transactions. EDD involves identifying the potential environmental risks of a site or activity along with environmental liabilities in the form of contaminated soils, old constructions, landfills etc., can often be quite significant. Therefore, in any property transaction it can be of conclusive importance to know whether or not there are hidden environmental risks and what financial consequences these may represent.
The EDD assignment depends on whether the objective is a real estate, industrial company or a combination of several sites. There are differences in the scope also depending if the EDD is prepared for a buyer or a seller.
ÅF has expert technical know-how and is able to assess technical risks in properties and operations covering several different industrial sectors as well as energy sector. Our EDD processes cover both data room reviews and Phase I and Phase II environmental site assessments.
Specifically, ÅF can assist with:
- Inventory of properties
- Reconnaisance investigations
- Risk assessments and cost calculations
- Full Environmental Due Diligence (EDD)