ENERGY TRANSACTION ADVISORY

Global PPA Strategy with End-to-End Transaction Support

Helping a global manufacturing organization navigate multi-country renewable procurement and execute pathways aligned with long-term emissions reduction goals.

25+

Stakeholders coordinated across global teams

3

International tenders executed

100+GWh/year

Renewable energy volumes contracted or under procurement globally

Industry

Tire Manufacturing 

Year

2024+

Countries

Italy, UK, Germany, Turkey, Romania, USA, Mexico

Focus

Energy Transaction Advisory 

Global sustainability goals create local complexity

As organizations expand renewable energy procurement efforts across multiple markets, execution challenges often become more complex than target setting. 

Energy markets differ significantly across regions. Regulatory structures, procurement mechanisms, market maturity, and local operating conditions frequently require country-specific approaches. 

For global organizations, sustainability ambitions increasingly depend on the ability to coordinate local realities within a unified strategy.

The challenge

The organization needed to support global Scope 2 emissions reduction objectives through renewable procurement initiatives across multiple countries and operating environments. 

Coordination across geographically distributed teams in Europe and North America introduced additional complexity. 

Local market dynamics, regulatory requirements, and procurement structures varied considerably across regions, requiring a nuanced understanding of each market. 

The challenge extended beyond sourcing renewable energy. 

The organization needed an approach capable of connecting stakeholders, aligning regional priorities, and creating transaction pathways suited to each operating context.

Key considerations:

  • Global Scope 2 reduction objectives 

  • Multi-country regulatory environments 

  • Cross-functional stakeholder coordination 

  • Regional market differences 

  • Country-specific procurement structures 

  • Alignment across international teams 

Polar's approach

Polar provided end-to-end support throughout the renewable energy procurement process, from initial assessment activities through transaction execution. 

The engagement brought together technical, commercial, and legal perspectives while maintaining coordination across global teams and operating environments. 

Rather than applying a standardized process across every market, the approach emphasized regional realities and country-specific pathways.

From market understanding to transaction execution

Regional workshops became a key component of the engagement. 

Technical and legal teams facilitated market-focused sessions and country-specific discussions designed to identify procurement opportunities and implementation pathways. 

The process created alignment across stakeholders while establishing a stronger understanding of market conditions and transaction structures. 

Multiple PPA structures were evaluated through international tenders designed around the specific operating profiles of customer facilities and regional market conditions.

Five-stage transaction process

Key elements of the solution:

  • End-to-end procurement support model 

  • Multi-country stakeholder coordination 

  • Technical and legal workshop facilitation 

  • Country-specific market assessments 

  • International tender execution 

  • Renewable procurement structures tailored to local realities 

Results

25+

Stakeholders coordinated across seven countries

Created alignment across geographically distributed teams. 

3

International tenders executed

Supported multiple procurement pathways across regions.

100+ GWh/year

Renewable energy volumes contracted or under procurement globally

Created scalable pathways supporting long-term emissions reduction goals. 

The engagement established a coordinated procurement structure capable of supporting both global objectives and regional execution requirements. 

Outcomes achieved:

  • Created alignment across international stakeholder groups 

  • Supported global Scope 2 reduction initiatives 

  • Improved visibility into regional procurement opportunities 

  • Facilitated cross-functional collaboration 

  • Established scalable procurement pathways 

  • Connected strategy with transaction execution 

Global strategy requires local execution

Renewable procurement rarely follows a universal model. 

As organizations expand sustainability initiatives across multiple markets, execution increasingly depends on understanding local realities while preserving alignment with broader objectives. 

Key takeaway:

Global procurement complexity often emerges from differences in local market conditions rather than transaction mechanics alone. 

Successful renewable procurement strategies create frameworks capable of balancing centralized objectives with regional flexibility. 

Long-term outcomes depend as much on coordination and alignment as they do on procurement execution itself. 

Navigating renewable procurement across multiple markets?

Connect with our team to explore approaches designed for international coordination, transaction execution, and long-term energy strategy. 

Alvaro E. Pereira

Head of Advisory

Alvaro is an energy economist with over 25 years of experience in economic, technical, and policy analysis with expertise in renewable energy, decarbonization, and energy markets. Prior to joining Polar, Alvaro led Enel X’s global net zero consulting team, responsible for delivery of SBTI-target setting and decarbonization services to several Fortune 500 customers and their value chains.  He has reviewed and supported 1000s of MWs of generation projects and power and certificate purchase agreements from multiple renewable energy types including solar, wind (onshore and offshore), hydro, biomass, and geothermal. 

He joined Enel X from Daymark Energy Advisors, where he worked in a variety of areas including energy procurement, renewable energy project analysis and pro forma development, regulated rates and cost analysis, and analyses of energy and capacity market rules, prices, and performance.  

Prior to Daymark, he was with the Massachusetts Department of Energy Resources and led the analytics group responsible for economic and technical analyses of energy policies, programs, and regulatory filings, including development of the statewide regulations for renewable portfolio standards, energy efficiency programs, and the RGGI carbon market.   He also served on the state’s energy procurement committee alongside representatives from the state’s facilities’ office, the Attorney General’s Office, and other agencies. 

Dr. Pereira is an experienced expert witness in regulatory proceedings involving energy markets, utility regulation and regulated rates, and renewable energy costs and benefits. He also has expertise in rate design and analysis, demand resources, and economic-impact modelling and forecasting.  He holds a Masters in Transportation and Ph.D. in Regional and Urban Economics from Massachusetts Institute of Technology.