Renewable Energy & Utilities
Energy and Utilities organizations face shifting regulatory demands, complex capital structures, and pressure to demonstrate ROI on infrastructure investments.
Ascend helps mission-driven and for-profit energy clients build financial systems that scale with impact.
How we help
We support clean energy firms, utilities, and infrastructure developers in building transparent, audit-ready financial systems that accommodate grant funding, PPA structures, and long-term project timelines. Ascend brings expertise in multi-entity consolidations, fund tracking, and capital deployment modeling—ensuring stakeholders have the visibility they need across project phases.
Ascend’s fractional finance teams help clients maximize compliance, reduce reporting lag, and tell a credible financial story to investors, partners, and regulators.
“Within 60 days, they reduced our month-end close time by 40%…”
Case Study: Clean Energy Developer Client
The Challenge:
A clean energy developer managing over $50M in capital projects struggled to reconcile grant funding, private equity investment, and PPA-based revenue across multiple entities and jurisdictions. Reporting lag and fund tracking inconsistencies jeopardized regulatory compliance and investor transparency.
The Solution:
Ascend introduced a multi-entity reporting framework using NetSuite and custom-built project dashboards. The team reclassified historical entries to match funder reporting requirements and implemented tools to track capital utilization across active development, construction, and operational phases. This enabled the client to meet federal grant audit requirements, regain reporting control, and reduce the lag in consolidated financials by over 40%.
“We were managing over a dozen active solar projects across five entities, with a patchwork of spreadsheets and no unified view of our capital deployment. Ascend helped us build a project-based accounting model that tracked grant funding, PPA revenue, and operational cash flows in real time. Within 60 days, they reduced our month-end close time by 40%, improved audit readiness, and gave our investors the visibility they’d been demanding for years. It completely changed how we manage growth.”