Biomass companies have existed since the early 20th century but rose to prominence as oil prices spiked and concerns about global warming and the sustainability of fossil fuels gained worldwide attention. Ethanol emerged as a clean and viable alternative to conventional fossil fuels, but it faces significant headwinds in its rise to widespread adoption. Recent challenges include excess and idled plant capacity, import/export trade imbalances, producer uncertainty about corn prices and the “blend wall” affecting future growth in consumer demand. While there is optimism for the industry, market fundamentals remain a significant challenge for ethanol producers. FTI Consulting has expertise in guiding biomass companies through this difficult market.
Our Service Offerings
The FTI Consulting approach to performance improvement includes revenue enhancement measures in addition to cost controls and efficiency. Our professionals evaluate critical operating metrics that drive value, processes and procedures that impact decision making and assess key external trends that influence revenues. Armed with facts and our experience in best practices, we develop and help implement appropriate strategies and processes to improve results. We use a disciplined, metrics-based approach to create sustainable, measurable improvements in return on investment, cash flow and enterprise value. To maximize effectiveness, our professionals draw on the perspective gained from work on dozens of related engagements to adapt and adopt the right practices to the specific situation at each client company.
The challenges clean technology and renewable energy companies face may be strategic, financial, operational or market driven, but, inevitably, these challenges will lead to loss of investor support and confidence if not managed optimally. Investors and owners engage FTI Consulting interim managers to assist companies through critical periods or to achieve specific critical goals. Our interim managers have extensive experience advising and collaborating with boards of directors and executive teams to succeed in an interim management or turnaround scenario. Equally, our Turnaround and Crisis Management teams represent a broad array of experience covering the entire C-suite. They know how to manage risk, reduce costs, improve liquidity and communicate effectively with stakeholders in various parts of the industry.
We combine deep industry experience and contacts with investment banking/transaction execution expertise to convey a company’s key value drivers (and risks) to potential buyers, sellers and financing sources. To help complete transactions, our FINRA-regulated investment banking subsidiary, FTI Capital Advisors, LLC, leverages our industry-specific, deep operational understanding of our clients to provide insight and expertise that overcome obstacles and drive value. With offices in 26 countries, FTI Consulting has feet on the ground and high-level relationships in every major financial center to reach buyers and financiers around the globe. We provide an international reach with a local touch.
FTI Consulting continues to lead the restructuring league tables, thanks to in-depth, industry-specific operational experience and world-class financial expertise. We have represented an important constituent in almost every major restructuring in the United States, Europe and Asia in the last 10 years. We approach restructuring with industry-specific knowledge plus reorganization and, if needed, bankruptcy skills. Our professionals have a highly respected track record of stabilizing overleveraged companies, resolving balance sheet issues, assessing operations, restructuring debt and maximizing value to constituents. Our Restructuring team helps clients improve liquidity, conserve cash and manage working capital with services that include:
- In-court and out-of-court solutions
- Contingency planning
- Stakeholder negotiation
- Divestiture analysis
- Debtor-in-possession and exit financing options
FTI Consulting provides law firms and corporations around the globe with a complete suite of litigation support and investigative, consulting and expert witness services. Our team of experts includes certified public accountants, certified fraud examiners, valuation experts and insolvency professionals, among others, with expertise in clean technology, renewable energy, antitrust and intellectual property. Utilizing our deep industry experience and our financial and operational know-how, we understand complex situations quickly and articulate critical issues clearly in writing and on the witness stand. As a result, we have been directly involved in some of the most historic, high-stakes cases of the last decade.
The Clean Energy industry team within the FTI Consulting Strategic Communications segment includes sector experts with experience representing a broad range of organizations and companies, from startups to multinationals. Our clients benefit from the team’s relationships with key influencers to provide a comprehensive suite of integrated communications services, including corporate and employee communications, financial communications, public affairs, creative engagement, strategic consulting and research, and crisis communications.
Our valuation and industry experts understand the complexities of forecasting assets and businesses in dynamic markets. Our professionals bring a unique depth of financial analysis, industry insight and practical experience to all our valuation and advisory projects, including transaction due diligence: quality of earnings analysis; forecasts, assessments and strategic alternatives; and transaction support for capital raising and M&A efforts.
Valuation services and financial reporting opinions include:
- Fairness opinions
- Solvency opinions
- Collateral valuation opinions
- Intellectual property and intangible asset valuation opinions
- Going-concern valuation opinions
- Financial reporting:
- Purchase price allocation and goodwill impairment (ASC 805)
- Portfolio valuations for private equity funds, hedge funds, banks and other capital markets constituents (ASC 820)
- Estate and gift tax opinions
Senior Managing Director, Leader of Power & Utilities Practice
Senior Managing Director