RES and Octopus Renewables sign new asset management contracts

Wind Industry Profile of

RES and Octopus Renewables have signed a new agreement for the management of nine wind assets, a portfolio of 234.4MW.

Four of the nine are new sites to the RES portfolio, while the other five will continue to be managed by RES after the successful retendering of the projects. Takeover of the four new sites: Cour, Beinneun, Grange and Hillhead of Auquhirie is complete, and work has already started to identify asset enhancements to make the sites as efficient as possible. News of the wins comes after RES and Octopus Renewables struck a number of agreements during 2020, including a spares management contract, and a number of other support services contracts (asset management, operations and maintenance) encompassing 503MW of Octopus’ renewables... ... More: Official Press Release RES

Keywords:

RES, Octopus Renewables, asset management, contract, bond, portfolio, wind farm, asset, site, renewable energy