CPAs and Consultants

Renewable Energy Advisory

Renewable Energy Advisory

LEK Partners LLC

LEK Partners LLC is an accounting firm specializing in the complex financial and accounting treatments required by the renewable energy industry. Renewable energy projects often involve intricate accounting challenges, such as those related to tax credit structures, sales and leaseback arrangements, and various financing mechanisms. Our firm has extensive experience in navigating these complexities and delivering precise, compliant financial reporting for renewable energy companies across the sector.
From solar and wind projects to bioenergy and energy storage, we bring deep expertise in renewable energy accounting, ensuring that
companies can confidently manage the financial intricacies of their projects.

Our Expertise

At LEK Partners, we understand the complexity of accounting for renewable energy
transactions, especially when they involve sophisticated financial structures. Our firm offers
expert guidance in key areas such as:

Tax Credit Accounting

Experience in structuring and accounting
for transactions involving tax credit
investors, including the Investment Tax
Credit (ITC) and Production Tax Credit
(PTC). We ensure proper recognition and
reporting of these tax credits to maximize
their financial impact on projects.

Sales and Leaseback Transactions

Expertise in handling sales and leaseback
financing arrangements, ensuring
compliance with accounting standards
such as ASC 842 (Leases) and IFRS 16,
while optimizing financial and tax
outcomes.

Power Purchase Agreements (PPAs)

Extensive experience in accounting for
revenue from PPAs, including complex
contract structures, variable pricing
mechanisms, and long-term financing
considerations.

Asset Capitalization and Depreciation

Detailed knowledge of accounting for
renewable energy assets, including
component depreciation, impairment
analysis, and treatment of complex
financing structures over the life of the
asset.

Joint Ventures and
Partnership Accounting

Proficient in consolidation, equity method
accounting, and financial reporting for joint
entures and partnerships, common
structures in the renewable energy
industry.

Why Choose Us?
01

Industry-Specific Expertise

1. Industry-Specific Expertise

Our deep understanding of the renewable energy sector ensures that we can effectively manage the unique financial challenges of these projects, including complex tax credit arrangements and financing techniques.

02

Experience in Financial
Structures

2.Experience in Financial Structures

We have a proven track record of providing accounting guidance for advanced financial structures such as tax equity investments and sales and leaseback transactions, ensuring compliance with U.S. GAAP, IFRS, and industry regulations.

03

Custom Solutions for Complex
Accounting Needs

3. Custom Solutions for Complex Accounting Needs

Our tailored approach ensures that your renewable energy projects remain financially optimized and compliant with all relevant accounting standards.

03

Commitment to Sustainability

4. Commitment to Sustainability

We are proud to support companies that drive sustainability and innovation in the renewable energy sector, and we are committed to helping them succeed financially.

Our Clients

We partner with a wide variety of clients in the renewable energy space, including:

Solar and wind energy developers

Tax equity investors and financiers

Companies involved in energy storage and smart grid technologies

Infrastructure funds and investors focused on renewable energy assets

LEK Partners

ADDRESS: 3805 CRESTWOOD PARKWAY, SUITE 130, DULUTH, GA 30096

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Tel : (770) 799-8111 l Fax : (888) 524-4416

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Email : INFO@LEKPARTNERS.COM

(c) 2024. LEK Partners All rights reserved.