By Christina Derlath, Senior Vice President, Finance and Accounting, Redeux Energy

Christina Derlath is a business executive with extensive experience in project finance and tax in the renewable energy industry. Christina is responsible for Redeux Energy’s project modeling  and business projections. 

Redeux Energy has transitioned from a centralized to a decentralized financial planning model, focusing on collaboration and transparency. This shift allows the Finance team to work closely with teams across the organization, improving accuracy in budgeting, forecasting, and reporting. By integrating advanced software tools and in-house expertise, Redeux ensures financial visibility across projects, enhances decision-making, and fosters greater ownership and accountability. This approach aligns with Redeux’s mission of delivering consistent, high-quality work across all development projects while ensuring accurate and responsible financial planning. 

Project-Level Modeling  

At Redeux Energy, our Finance team goes beyond corporate level planning  by developing detailed financial models for each of our  projects. We collaborate with the Engineering, Development, and Land teams to estimate critical project model inputs, including CapEx and OpEx, ensuring each project’s financial outlook is shaped with an owner’s mindset. This approach helps assess and safeguard the long-term economic viability of every project. 

Many members of Redeux’s leadership and broader teams have backgrounds in or have consulted for Independent Power Producers (IPPs). This experience allows us to build and understand these models in-house while embracing our “think like an owner” philosophy. We also maintain a high level of transparency by sharing model outputs with our teams, helping them become more effective developers.  

Project-Level FP&A 

With the help of our software and project management tools, Redeux’s finance team collaborates seamlessly with project developers to prepare budgets, empowering them to manage projects as if they were running their own businesses. This fosters a strong sense of ownership and accountability while giving developers full insight into the entire process. Developers can easily compare budgeted amounts with actual costs, enabling them to make more informed decisions both now and in the future. 

Corporate FP&A 

Our monthly reporting process is fully automated, allowing us to identify variances and assess where budgets and expectations need better alignment. These findings are shared with the entire organization, and at any time, developers, engineers, or land managers can refer to their budgets to monitor spending. We take pride in maintaining a streamlined system that not only tracks expenses but also ensures they stay in line with our budgetary goals. 

Revenue Planning 

In collaboration with our Corporate Development team, the Finance team plays a key role in forecasting revenue for future sales processes. As we prepare for 2025, we are refining a comprehensive model that helps us determine how many projects we will bring to market, their pricing, and the associated terms.  

Beyond managing individual project budgets, our Finance team focuses on long-term planning, forecasting, and comprehensive reporting and analysis.  

Our Corporate Development team provides valuable assumptions based on ongoing market insights, enabling us to build the most accurate models and projections possible.  

Accounting 

Recently, the Accounting and Finance teams have been consolidated under a single department lead. While their responsibilities for handling taxes, audits, invoices, and financial statements remains unchanged, we are excited to work more closely with them on cash management and financial reporting. The Accounting group also collaborates with respected advisors for financial and tax management. 

Improved Visibility for Our Partners and Investors 

Utilizing our in-house expertise, tools, and processes at Redeux, we are better positioned to offer our partners and investors greater  transparency and visibility into our financial reporting. 

For investors, this means they can clearly track how and why we are spending our money. Whether it’s individual project expenses or broader platform costs, we provide detailed insights into where every dollar is allocated. Additionally, our comprehensive forecasts provide high accuracy and clear visibility into our financial requirements, enhancing communication about our cash needs. 

In support of our corporate development team and projects sales, we are able to provide more accurate, automated reports for historical expenses. As we transact with partners and sell projects, we deliver detailed reports summarizing historical expenditures to the level of detail our buyers require.  

Finally, for landowners, our advanced automation and improved reporting systems make our processes more efficient, ensuring we will never lose track of a lease or miss a payment. This increased sophistication reinforces our commitment to landowners and eliminates the potential for human error. 

Our transition from centralized to decentralized financial planning at Redeux Energy allows us to further live up to our mission of delivering consistent, high-quality work across all of our development projects. Powered by world-class software and a talented team, Redeux is committed to transparent, accurate, and responsible planning and forecasting on behalf of ourselves and our partners. 

If you are interested in learning more about how you can be a part of our process, connect with us today.