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BayWa r.e. has entered into a long-term framework agreement with Greencoat UK Wind, a leading renewable infrastructure fund managed by Schroders Greencoat, to provide technical asset management services for its 14 wind farms across England and Scotland, 9 of which have been retained and extended.
The 10-year agreement will see BayWa r.e. managing a total of 406 MW of power across the 14 sites, which include 8 in Scotland and 6 in England. Together, these wind farms will generate enough power to supply approximately 143,700 homes.
BayWa r.e. offers comprehensive technical management services to a wide range of wind energy partners, handling tasks such as monitoring operations at its 24/7 control center, scheduling onsite services, and preparing detailed company reports.“We are delighted to sign this long-term framework agreement. Working in partnership with BayWa r.e., with their expert knowledge within the industry, will help support our own ambitions, and that of the sector, as we all work towards Net Zero goals in the UK and beyond” commented Dickson Leung, Asset Manager at Schroders Greencoat.
Michael McKenzie, Director at BayWa r.e. Asset Operations UK, said, “We are thrilled to be strengthening our partnership with Schroders Greencoat to provide crucial technical asset management services to ensure the smooth operation of Greencoat UK Wind’s wind assets. Our experience built up over many years will continue to be of real benefit to the Greencoat UK Wind portfolio.”
“Having been active in the UK market for over 14 years, we are proud of the team’s accomplishments and the strong, collaborative relationships we have built with partners such as Schroders Greencoat. These collaborations enable us to jointly move towards a more sustainable future. The UK remains one of our key markets, and we look forward to continuing our impactful work in the region.” added Daniel Gäfke, COO of BayWa r.e.
