CIP appoints asset manager for 750MW US solar

May 12, 2022 02:26 PM ET
  • Exus to supply services for the Greasewood, Misae, and also Sage projects across Texas and also Utah
CIP appoints asset manager for 750MW US solar
Image: Red Zeppelin/ UVGE/ Unsplash

Copenhagen Infrastructure Partners (CIP) has chosen Exus Management Partners to provide asset management solutions for a 750MW solar pipeline in the United States.

The deal covers the Greasewood, Misae, as well as Sage solar projects across Texas and Utah and takes the duo's partnership in The United States and Canada to over 2GW across wind as well as solar.

It also incorporates a five-year initial term that allows Exus to demonstrate its scope of asset and also economic management, procedures and also maintenance, and project management solutions.

CIP previously appointed the US-based business as asset manager at the 477MW Fighting Jays solar farm in Texas and the 700MW Travers solar project in Alberta, Canada.

The contract likewise marks the start of Exus' relationship with Ingka Investments, that is part-owner of the Misae and also Sage projects.

Exus stated that its internal team of specialists will supply advice and also accessibility to the company's custom solar optimization and also reporting tool BlueSky, giving CIP complete oversight and enabling them to assess, maximize and also establish performance standards across all 3 projects.

Exus head of asset management North America and also companion Dhaval Bhalodia said: "Trusted partnerships and high-quality solutions are key to the successful development, construction as well as upkeep of renewable resource projects.

" We are thrilled to continue developing our relationship with Copenhagen Infrastructure Partners, and begin our journey with Ingka Investments, in the US renewables space.

" We will certainly continue to innovate to fine-tune the technical performance of our assets as well as focus on the asset management tasks that supply the most value for our customers."

CIP partner Mads Skovgaard-Andersen stated: "We are pleased to continue teaming up with Exus that have actually regularly demonstrated their ability to exceed and beyond our expectations concerning the management of our renewable energy assets.

" Maximizing and also preserving solar projects is necessary to maximizing returns for our investors.

" Our collaborate with Exus will certainly enable us to excel in achieving that over the coming years."

Source:
renews.biz

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