RES grows asset management business through Blueshore acquisition in Australia

Blueshore provides commercial, technical and financial asset management services for solar and wind energy assets alongside the provision of portfolio management services to investors in the Australian market. The acquisition of Blueshore brings RES new capabilities, new customer relationships and allows RES to diversify its current presence in the fast-growing Australian asset management market. The experienced team at Blueshore will compliment RES’ established Support Services business in the country which will continue to optimise project performance and asset values.

Marco Perona, RES’ CEO Support Services commented; “This acquisition is in line with our strategy that includes entering into new segments and new markets. RES now supports over 9GW of operational assets and is one of the few companies able to provide a wide array of services on a large international basis, adding value to our customers thanks to the deep in-house technical and operational expertise. In the future months we plan to continue to grow our Support Services business in line with the company strategy, both organically and by external growth.”