BayWa r.e. continues its strong growth in the UK through the provision of Operation and Maintenance Services (O&M Services) for five solar farms totalling 22.37MW on behalf of its client, Ingenious.
The delivery of BayWa r.e.’s expert O&M Services will look to optimise the Ingenious managed assets helping to increase production through enhanced utilisation of resources.
As an award-winning provider of O&M Services with four office locations across the UK and Ireland and growing staff numbers, BayWa r.e. has grown its solar portfolio to over 943 MW and continues to expand. BayWa r.e. also successfully manages wind sites on Ingenious behalf and has a total UK Services portfolio of 2.2.GW.
Natasha Kumar, Managing Director, BayWa r.e. Operation Services Limited, commented: “The signing of these agreements with Ingenious highlights our 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.”
Ingenious is a specialist investment manager, founded in 1998. The company supports the global energy transition to a low carbon environment through investment of debt and equity into projects and businesses that harness low carbon energy generation, resource efficiency, transport and communications technologies.
Neil Forster, Chief Executive of Ingenious added: “Our partnership with BayWa r.e. is an important element of our ambition to develop and invest in the infrastructure required to support a rapidly evolving world. 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, and we welcome this new partnership together.”