Exus lands O&M job for 36 MW of solar farms in Portugal

• Renewables-focused investor and also asset supervisor Exus Management Partners will give operation and upkeep (O&M) solutions for 36 MW of solar farms in Portugal.

The name of the customer has not been revealed.

Exus will supply a full range of O&M solutions at 24-MW as well as 12-MW sites, accomplishing preventative, anticipating and also corrective upkeep, substation upkeep, equilibrium of plant as well as centers and safety evaluations across all installations, the company stated in a news release on Wednesday.

The two sites are located in south as well as central Portugal. Both were backed by private equity and also are proclaimed as being a few of the first totally merchant tasks in Europe. The solar plants will certainly end up being fully operational in June.

Exus claimed it has an expanding O&M pipeline in Europe, consisting of agreements in place with United States investment manager BlackRock Inc (NYSE: BLK) for 2 brand-new solar projects in Portugal, which are to be commissioned in 2022.

"These new projects stand for just the start of a considerable activation program in our O&M abilities, with bargains already settled on a further 2 Portuguese solar farms. In Iberia alone we expect signing agreements to service as much as 10 brand-new plants in the next two years," commented Laurent Jouvin, supervisor of Operations and Management at Exus EU.