Who we are
Wert-Berater, Inc. has prepared independent feasibility studies for lenders, certified development companies, and federal agencies since 1998 — more than four thousand engagements representing $40.2 billion in evaluated project value across all fifty states and international assignments. Our fiduciary duty runs to the lender and the agency, never to the sponsor’s optimism: fees are fixed, quoted up front, never contingent on findings, and a determination is never changed under pressure.
What we do
Infrastructure-class projects — data centers, solar and storage, telecom assets, utility-adjacent facilities — are underwritten on contracted revenue and counterparty credit rather than market absorption. The feasibility study evaluates the revenue contract or interconnection position, the capacity and demand fundamentals behind it, capital and operating cost benchmarks against the technology class, and the residual risk where merchant exposure remains. For renewable energy under USDA REAP, the analysis additionally documents the energy production basis, incentive stack, and payback arithmetic the program requires.
How we do it
The methodology draws on interconnection queue and utility data, NREL and EIA production and cost benchmarks for energy assets, market capacity studies for data and telecom infrastructure, and engineering inputs supplied by the project team — independently tested rather than accepted. Financial models carry contracted and merchant cases separately, with coverage tested under the program standard.
How we can help you
The firm prepares REAP-compliant studies under USDA RD Instruction 5001, B&I studies for rural energy and infrastructure, and conventional lender studies for data center and telecom assets; green-field carbon and biofuel projects are evaluated under the same evidentiary discipline. Representative work includes a $52,688,000 green carbon project evaluation and renewable-energy feasibility within the firm's USDA program practice.
How to engage us
Standard delivery is 10 to 15 business days from complete project data. Rush delivery for deals already in underwriting is accepted case by case for an additional fixed fee, quoted up front and committed in writing. Engagements are typically initiated by the borrower, with lender or CDC confirmation obtained before work begins — institutions differ, so confirm the procedure with your lending contact.