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Euclid Launches 24-Hour Diligence Screening as Renewable Energy Deal Volume Surges

Euclid Power, the operating system for renewable energy transactions, today announced the launch of Red Flag Snapshot, a 24-hour diligence screening product for investors and developers evaluating sol...

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Red Flag Snapshot delivers expert-validated project diligence in 24 hours, helping renewable energy investors bid faster and avoid costly mistakes.

NEW YORK: Euclid Power, the operating system for renewable energy transactions, today announced the launch of Red Flag Snapshot, a 24-hour diligence screening product for investors and developers evaluating solar and storage project acquisitions. The product combines AI-assisted document analysis with expert review to deliver a structured risk assessment by the next business day, giving deal teams the confidence to bid or move on.

The launch comes as transaction volume in renewable energy accelerates sharply. U.S. electricity demand is growing at a pace not seen since the widespread adoption of air conditioning in the 1960s, driven by AI data center buildout, resurgent manufacturing, and electrification. Renewables accounted for over 90% of new generating capacity added to the U.S. grid in each of the last two years, and capital is flowing into project acquisitions at unprecedented scale. But the diligence process hasn't kept up: deal teams are reviewing more projects, on tighter timelines, with the same tools and headcount they had five years ago.

“When my co-founders and I were deploying $3 billion in renewable energy projects at Goldman Sachs, we watched deals slow down or fall apart not because the projects were bad, but because the evaluation process couldn't keep pace. Demand for clean power is rising faster than this country has seen in decades. The limiting factor isn't ambition or capital, but the infrastructure behind the deals," said Jacob Sandry, CEO of Euclid Power. "Diligence that used to take weeks now takes 24 hours. That's the speed Euclid is built to support, without sacrificing depth or quality.”

Red Flag Snapshot applies Euclid's structured diligence framework - refined across more than 1,000 solar and storage projects representing over $10 billion in value - to a customer's data room. It surfaces binary risks, document gaps, and prioritized open questions. Every finding is linked to its source document and validated by Euclid's team of renewable energy experts before delivery.

"Euclid has become a trusted extension of our team,” said Jonathan Mancini, Senior Vice President of Solar and BESS Project Development for Ameresco. “Their structured, high-quality diligence brings consistency and discipline to our underwriting process, helping us avoid costly missteps and make better capital allocation decisions."

As power demand continues to accelerate and more capital flows into renewable energy, the volume of projects in need of investment is growing faster than teams can evaluate them. If the grid is going to get the capital it needs, the diligence process has to move as fast as the deals do.

Since its founding in 2021, Euclid has supported workflows across more than 12 gigawatts of solar and storage projects, building the software and services infrastructure that helps renewable energy teams evaluate, finance, and advance projects faster. Euclid is backed by Venrock, Spero Ventures, and other leading investors following a $20 million Series A.

To submit a project for a Red Flag Snapshot, visit our website.

About Euclid Euclid empowers renewable energy teams to accomplish in days what typically takes weeks by uniting technical, commercial, and financial expertise with purpose-built software. Euclid’s disciplined workflows - refined through more than 1,000 projects and over 12 gigawatts of solar and storage experience - deliver precision, quality, and speed without the chaos. Founded in 2021, Euclid is backed by investors including Venrock, HSBC Asset Management, and Spero. For more information, visit www.euclidpower.com.

Fonte: Business Wire

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