BayWa RE has secured a contract to provide operation and maintenance services for five UK solar farms on behalf of Ingenious.
The delivery of BayWa RE’s expert O&M services for the sites, which total 22.37MW, will look to optimise the Ingenious managed assets helping to increase production through enhanced utilisation of resources.
BayWa RE has grown its solar portfolio to over 943 MW and continues to expand.
The company also manages wind sites on Ingenious behalf and has a total UK Services portfolio of 2.2.GW.
BayWa RE’s operation services managing director Natasha Kumar said: “The signing of these agreements with Ingenious highlights our continued commitment to working in partnership with organisations committed to supporting the global energy transition to a low carbon environment.
“With our continued investment and ambitious digitalisation strategy, we continue to provide further innovations to our clients.”
Ingenious is a specialist investment manager, founded in 1998.
The company supports the global energy transition to a low carbon environment through investment of debt and equity into projects and businesses that harness low carbon energy generation, resource efficiency, transport and communications technologies.
Ingenious chief executive Neil Forster said: “Our partnership with BayWa RE is an important element of our ambition to develop and invest in the infrastructure required to support a rapidly evolving world.
“Financing the development of clean energy assets and creating energy efficient solutions to power the UK’s future energy needs in a more sustainable manner has been a core focus of Ingenious Infrastructure since we began, and we welcome this new partnership together.”