DNV GL has provided a variety of technical services to support RES during the sale of a portfolio of wind farms to Octopus Renewables, part of Octopus Group. The wind farms, which are located in England, Wales, Ireland and France, are all operational projects.
Leveraging its global footprint and knowledge of local markets, DNV GL brought together a multidisciplinary team to undertake a variety of integrated services, such as energy yield assessments, technical due diligence and lifetime assessment, to support RES with the sale of over 100 MW of onshore wind farms.
The acquisition represents an addition to Octopus Renewables European portfolio, further strengthening its operations in France and its first entry into the Irish wind market. RES will continue to oversee the asset management and operation and maintenance of the wind farm portfolio, in line with the ambitious development of its support services.
Prajeev Rasiah, Executive Vice President North Europe, Middle East & Africa at DNV GL Energy said: “We proud to have supported RES to enable the sale of these wind farms to Octopus Renewables. This deal further strengthens the footprint of onshore wind across Europe and pushes forward our collective ambitions towards a zero-carbon energy landscape. Our own Energy Transition Outlook forecasts that we’ll need 5 times more wind power by 2030 to limit global warming to well below 2°C and meet the targets of the Paris Agreement. This project and others like it will are instrumental in helping us meet this goal.