Spanish independent power producer BNZ has appointed renewables asset manager Exus Renewables as asset manager for a 350MW solar portfolio in Spain.
The 11 projects in the portfolio will commence operation between May 2024 and June 2025. Before reaching the commercial operation dates, Exus Renewables will provide BNZ with comprehensive financial asset management in the run up to commercial operation, including detailed financial planning and reporting to ensure all projects are financially sound and prepared for successful operations
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As part of the agreement, Exus Renewables will provide comprehensive technical and financial asset management, overseeing the operational aspects of the plants. This includes regular maintenance and performance monitoring to maximise energy production.
Exus Renewables specialists will offer BNZ guidance and access to their custom solar optimisation and reporting tool, BlueSky. This tool provides comprehensive oversight to analyse, enhance, and establish performance benchmarks across all projects.
Before this appointment, BNZ inaugurated a 74MW solar PV plant in Alcalá de los Gazules, Cádiz, Spain. This was BNZ’s first plant in Spain, where it plans to install around 600MWp of capacity by 2026. Overall, BNZ aims to deploy a portfolio exceeding 1.7GW of solar PV in Southern Europe by the end of 2026.
