More than 150MW of solar power in the UK will be operated and maintained by Belectric under a new contract.
The framework agreement is with NextEnergy Solar Fund, WiseEnergy, the fund’s asset management, held a competitive tendering procedure that Belectric won.
With the three-year framework deal, Belectric will expand its O&M presence in the UK to include what is anticipated to be a portfolio of at least 10 solar farms with a combined capacity of more than 150MW.
The solar power plants, which have a capacity ranging from 5 MW to 34 MW, are spread over several counties in England, including Dorset, East Sussex, and Lincolnshire.
From late 2022, Belectric has been offering O&M services for the first three systems.
Dan Kingscote, Commercial and Strategic Projects Manager at WiseEnergy, said: “We are delighted to start our strategic relationship with Belectric following what was an extremely competitive tender process.
“We have looked to extract more value from our contractors by applying an innovative approach to O&M; throughout the process we have been impressed with Belectric’s diligence, industry knowledge and alignment with the values which we have applied to try and approach traditional O&M challenges in a novel way.
“We look forward to working with them.”
Around 1350 utility-scale power plants with a combined installed capacity of more than 1.8GW have used the technical due diligence, asset management, and monitoring services offered by WiseEnergy since its foundation.
Banks and equity financiers in the energy and infrastructure sectors make up WiseEnergy’s clientele.
Managing Director at Belectric Solar Ltd UK, Barry Bennett said “With an O&M footprint of a few hundred MW in the United Kingdom alone and 1.7GW on a global scale, we are one of the leading operations and maintenance service providers in the solar industry.
“WiseEnergy will benefit from our in-depth expertise.”
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