Published: 5 Aug 2021, 10:46
BayWa r.e. has continued to expand its operations and maintenance (O&M) portfolio, signing a new contract for five solar farms totalling 22.37MW on behalf of its client, Ingenious.
The German renewables giant will optimise the Ingenious-managed assets, working to increase production through enhanced utilisation of resources.
Natasha Kumar, managing director, BayWa r.e. Operation Services Limited said the agreements highlighted the company’s “continued commitment to working in partnership with organisations committed to supporting the global energy transition to a low carbon environment”.
“With our continued investment and ambitious digitalisation strategy, we continue to provide further innovations to our clients.”
BayWa r.e. now has an O&M solar portfolio of over 943MW across the UK and Ireland, in addition to wind O&M services, which it also provides for Ingenious. Collectively its O&M Services arm has a portfolio of 2.2GW.
The agreement with Ingenious follows the company announcing a partnership with Gresham House in June to repower a second solar site. As part of work to expand its O&M operations in the UK, in 2020 there was a management shakeup and it opened of its third office in the UK in Edinburgh.
As well as O&M, BayWa r.e. has expanded its development portfolio, with the acquisition of 99.8MW of subsidy-free co-located solar sites from UK developer JBM Solar in July.
Specialist investment manager Ingenious’s chief executive Neil Forster welcomed the partnership with BayWa r.e. as an important element of its ambition to develop green infrastructure.
“Financing the development of clean energy assets and creating energy efficient solutions to power the UK’s future energy needs in a more sustainable manner has been a core focus of Ingenious Infrastructure since we began.”