Annex I — Specification of Data Processing
Subject matter and purpose
Veridue provides an AI platform for the review, assessment and ongoing management of renewable energy and infrastructure projects, including due diligence, data room workflows, investment readiness reporting, and continuous monitoring and validation of project portfolios. Veridue processes personal data on behalf of the Customer only to provide the Services under the Agreement.
Nature of the processing
Storage, retrieval, extraction, structuring, comparison, analysis, monitoring and alerting, generation of Output, transmission to sub-processors for those purposes, and deletion.
Data subjects
Natural persons named in or identifiable from Customer Content — typically signatories, directors, project and counterparty contacts, landowners and professional advisers — together with the Customer’s Users and any persons it invites into the Services.
Categories of personal data
Name, job title, employer, contact details (business and, where contained in project documents, personal), postal address, signature, and bank account or payment details where these appear in leases, contracts or invoices, but not payment card data, which must not be uploaded. Any other personal data contained in documents, queries or annotations the Customer or its invited users submit. For account administration: name, work email, role and usage data.
Special categories of personal data
No special category or criminal offence data is required for the Services. Transaction documents may nevertheless contain such data. The Customer may provide it only where necessary for an authorised due diligence or transaction purpose and on the conditions set out in clause 12 of the Data Processing Agreement and the Acceptable Use Policy.
Frequency of the processing
Continuous for the duration of the subscription, including where the Services monitor project data on an ongoing basis.
Duration of the processing
For the term of the Agreement, and thereafter as set out in clause 7 of the Platform Terms of Use and clause 8 of the Data Processing Agreement.