Feasibility Studies
A feasibility study determines whether a project is viable, investable, and technically sound. By combining rigorous data analysis with financial and technical validation, our feasibility process mitigates risk, quantifies project potential, and provides a clear pathway to execution.
A Data-Driven Approach to Project Development
By leveraging, financial expertise, and deep sector knowledge, we streamline the process to deliver fast, investment-ready insights while maintaining the rigour and detail required for bankable projects.
- Costing & OPEX Validation Reduces Uncertainty: Ensures feasibility studies are based on real, local cost data, preventing inaccurate assumptions.
- Phased Approach: Clients progress through clear stages, avoiding unnecessary expenditure until financial viability is confirmed.
- Financially Driven Decision-Making: EVA™ ensures that only commercially viable projects proceed.
- List Item #1Exclusive IP Protection: The proprietary financial model informs feasibility studies but is only provided as part of a high-value bespoke service.
- Investment-Ready Outputs: Bespoke models are built specifically for project financing, ensuring alignment with lender and investor expectations.
Step 1: Discovery & Alignment
Establishing the foundation for a successful feasibility study
- Introductory Call – Initial discussion to assess project scope, feedstock availability, and commercial potential.
- Confidentiality Agreement – Execution of an NDA to enable full data-sharing.
- Detailed Project Discussion – A deep dive into feedstock type, ownership, availability, cost, site details, and local economic conditions.
- Engagement Agreement – Formalising the next steps in the feasibility process.


Step 2: Economic Viability Assessment (EVA)
A high-level financial screening to determine project potential
A Go/No-Go decision-making tool providing an early financial outlook to determine whether the project warrants further investment into a full feasibility study and bespoke financial modelling.
- Summarised financial insights based on key project parameters.
- Total projected costs, revenues, and yields over the project’s lifespan.
- Key Performance Indicators (KPIs) such as IRR, ROI, and payback period to assess financial viability.
- Industry benchmarking to contextualise project performance against similar developments.
Step 3: Costing & OPEX Validation
A high-level financial screening to determine project potential
Before conducting a full feasibility study, detailed cost estimates must be developed for local materials, construction, labour, and ongoing operational expenses.
- Local Construction Costing – Establishing price estimates for all non-technology components (site preparation, infrastructure, balance of plant, utilities, etc.).
- Labour & Salary Benchmarking – Determining local wages, taxation, and workforce availability.
- Utility & Feedstock Pricing Validation – Assessing energy, water, and biomass supply costs.
- OPEX Forecasting – Generating an accurate operational cost model that feeds into financial projections.


Step 4: Full Feasibility Study
A detailed technical, commercial, and regulatory assessment
Once cost assumptions are validated, a comprehensive feasibility study is conducted to confirm project viability.
- Once cost assumptions are validated, a comprehensive feasibility study is conducted to confirm project viability.
- Technical Feasibility – Technology selection, facility design, and process optimisation.
- Regulatory & Policy Compliance – Permitting, incentive structures, and environmental impact assessments.
- Financial Insights – Key financial outputs derived from CDRX’s proprietary model (but without full access to the model itself).
Step 5: Bespoke Financial Model Development
A fully customised financial model designed for investor engagement and project execution
For clients requiring a full, investor-ready financial model, CDRX offers bespoke model development as a standalone service. This model is built on FAST standards and provides detailed financial outputs tailored to the project’s specific conditions.
- Custom financial modelling, including detailed CAPEX, OPEX, and revenue projections.
- Scenario analysis, risk modelling, and sensitivity testing.
- Debt and equity structuring, DSCR calculations, and funding optimisation.
- Investor-ready outputs designed for private equity and lender
Get In Touch
Speak to our team today to explore how CDRX can help establish the feasibility of your biomass waste project.