Moment 01 · Origination & Underwriting

Underwrite the developer's actual record — not their pitch deck.

Every prior project, actual generation vs. the underwritten model. Weather-adjusted, covenant-mapped, assembled in minutes.

"Know the developer's real track record — before underwriting the next loan." Originators · Credit · Tax Equity · IEs
What You Get
DELIVERABLE 01
Developer Operating Profile

Actual generation vs. underwritten model across every prior project — weather-adjusted, full variance distribution.

DELIVERABLE 02
Term Stress-Test

DSCR, reserves, and covenants stress-tested against real history — not industry averages.

DELIVERABLE 03
Covenant Pre-Mapping

Draft credit agreement parsed at LOI stage. Every term flagged for variance risk before legal review.

DELIVERABLE 04
Day-1 Monitoring

Project flows into live compliance the moment the wire goes out. Zero handoff.

Pitch to verified history in days. Term sheet to close, cut in half.

See It In Action

The Developer Operating Profile. Click any project for its record — then open the full record for history, the covenant map, and the forward forecast.

app.lcoe.ai/underwrite/meridian-solar-partners
Illustrative Data
Meridian Solar Partners — Developer Operating Profile14 operating projects · 86.2 MW · 412 project-months reconciled
Median vs P50
−1.9%
Median DSCR
1.31x
Cure Events
2 / 412 mo
Reporting On-Time
96%
Track Record — Operating Projects Click a row
ProjectCODSizevs P50 (wx-adj)DSCRRecord
Project Record & Covenant Pre-Map
Proposed Term · DSCR Floor
Term sheet1.30x
Developer realized median1.31x
Thin — 2 of 14 ran below 1.30x
Proposed Term · Production Covenant
Term sheetP50 −5%
Developer realized median−1.9%
Supported by record
Proposed Term · Debt Reserve
Term sheet6 months
Longest variance event4.2 months
Adequate coverage

This profile assembles in minutes — not the weeks a manual diligence cycle takes.

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Next · Moment 02

The loan closes. The record keeps running.

Enter the Portfolio Manager view →