Belectric bags 150MW UK solar O&M deal

Mar 9, 2023 01:48 PM ET
  • Three-year framework agreement covers a minimum of 10 plants owned by NextEnergy Solar Fund
Belectric bags 150MW UK solar O&M deal
Image: WiseEnergy

Belectric has actually been granted a contract for the procedures and maintenance (O&M) for greater than 150MW of solar in the UK.

The framework agreement is with NextEnergy Solar Fund, which Belectric won via a competitive tender procedure run by the fund's asset manager, WiseEnergy.

The framework agreement is for three years and will see Belectric add an expected portfolio of at the very least 10 solar farms with a total capacity of more than 150MW to its O&M footprint in the UK.

The solar energy plants range from 5MW to 34MW in capacity and also are located in various areas throughout England, consisting of Dorset, East Sussex and Lincolnshire.

Belectric has actually been supplying O&M services for the very first three systems given that late 2022.

Dan Kingscote, Commercial and also Strategic Projects Manager at WiseEnergy, stated: "We are delighted to start our strategic partnership with Belectric following what was an exceptionally affordable tender procedure.

" We have actually aimed to extract more value from our contractors by applying an innovative strategy to O&M; throughout the process we have actually been thrilled with Belectric's persistance, market understanding and also alignment with the values which we have related to attempt as well as come close to conventional O&M challenges in a novel way.

" We anticipate dealing with them."

Given that its starting, WiseEnergy has provided solar possession monitoring, tracking as well as technological due diligence services to over 1350 utility-scale power plants with a mounted capacity in excess of 1.8 GW.

WiseEnergy clients make up banks and also equity financiers in the energy and also framework field.

"With an O&M footprint of a couple of hundred MW in the United Kingdom alone as well as 1.7 GW on a global range, we are just one of the leading procedures and maintenance provider in the solar sector.

"WiseEnergy will benefit from our comprehensive knowledge," included Barry Bennett, Managing Director at Belectric Solar Ltd UK.



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