RES has agreed 10-year extensions to five UK asset management contracts with Aviva Investors for wind farms totalling over 85MW.
Aviva Investors. which is the global asset management business of Aviva, has agreed to extend its partnership with RES for five wind farms across the UK, all of which are around three years old.
They comprise Turncole in Essex (pictured), Woolley Hill in Cambridgeshire, Den Brook in Devon, Minnygap in Dumfries and Galloway, and Jack’s Lane in Norfolk, with combined capacity of 85.5MW.
Under the terms of the new contracts, RES will continue to manage environmental, social and governance activity for the sites, supporting local communities and the environment in the areas where the sites operate.
RES asset management director Darren Cook said: “This extension of our contract by ten years is testament to the fantastic working relationship we’ve developed with Aviva, built on our commitment to delivering exceptional results.
“With our 38 years’ experience and expertise, we are committed to providing added value to our clients – proven in the fact that we perform, on average, 1% better than industry standard.
“The next 10 years will be crucial in the energy transition and the next steps towards a zero-carbon future, and we look forward to working alongside Aviva to achieve this.”
In 2019 the portfolio provided £268,408 to 54 local community projects covering a wide variety of activities.
In addition, two habitat management plans have been implemented and the next generation of wind farm engineers have visited the sites and learned from RES’ experts.
Aviva managing director of infrastructure Darryl Murphy said: “We are pleased to extend our relationship with RES, a business which has played an important role in the continued success of our wind farm projects and renewable energy delivery across the UK.
“With the government’s commitment to achieving net-zero by 2050, sound management of these assets will be critical.
“We believe the knowledge and experience offered by RES will help us to achieve positive results and we look forward to continuing our work together.”