Independent power producer BNZ has awarded Exus Renewables an asset management contract for 350 MW of solar projects located across Spain.
Exus will provide comprehensive technical and financial asset management services for 11 solar projects and one holding company, which are scheduled to commence commercial operations between May 2024 and June 2025.
Exus will utilize its proprietary solar optimization and reporting tool, BlueSky, to offer BNZ advice and insights that will enable complete oversight and performance benchmarking across all projects.
The goal is to enhance the output and profitability of the solar assets. Prior to the commercial operating dates, Exus will also assist BNZ with detailed financial planning and reporting to prepare the projects for successful operations while mitigating any potential financial risks.
Exus’ project oversight will focus on optimizing revenues and ensuring the long-term viability and profitability of the solar portfolio. The company will implement risk management practices to maintain stability and reliability throughout the lifespan of the projects.
Exus Renewables CEO Diogo Reis stated: “We are excited to embark on this significant collaboration with BNZ.
“Our comprehensive approach to asset management will support BNZ in achieving optimal performance and sustainability across their portfolio.
“This partnership underscores our shared commitment to advancing renewable energy solutions and exemplifies Exus’ dedication to playing a vital role in advancing the renewable energy transition in the region.”
The recent contract signing strengthens the enduring partnership between BNZ and Exus.
BNZ managing director Luis Selva stated: “We are thrilled to deepen our collaboration with Exus through this significant milestone.
“With proven expertise and a commitment to excellence, Exus will provide technical and commercial management for key photovoltaic projects.
“Our focus is on ensuring stable returns, optimising operational efficiency, and maximising the performance of our portfolio.”
Source :Exus Renewables
