Wind Prospect Group has created a new asset management platform, Wind Prospect Operations (WPO) with a portfolio of more than 1GW of independent, utility-scale renewable energy projects in Europe.
The portfolio, comprising operating wind and solar energy assets, generates more than €400m as annual production revenues for clients.
WPO integrates the energy firm’s businesses in UK/Ireland and France/Germany through the platform to introduce scale and resilience and reach out to its clients in Europe and beyond.
Wind Prospect Group CEO Euan Cameron said: "Combining the businesses, the management and the teams in this way creates an immensely strong wind and solar asset management platform with a global reach.
"It brings great advantages to our clients with portfolios spread in several countries by integrating systems and procedures for greater simplicity and efficiency."
The unified portfolio is expected to enhance the firm’s resources and expertise so it can offer competitive and streamlined services to its clients.
Besides offering full asset management services to its clients for long terms, the new entity will also extend consultancy offerings, including contract negotiation, performance audits, technical field inspections and insurance brokerage.
WPO CEO Barthélémy Rouer said: "Our consolidated platform provides both WPO and its clients with the scale they need in this competitive market.
"Our aim is to deliver high quality, flexible and cost-effective services, which meet the needs of asset owners, investors, lenders and insurers in all of their jurisdictions and across all renewable energy technologies."
WPO director Duncan Levie said: "Our platform gathers a unique set of expertise in the industry that is totally focused on delivering appropriate, market leading expert services on operating wind and solar assets."