US onshore wind operator Longroad Energy has secured a long-term asset management deal covering the 183MW IWP wind farm in Idaho.
The developer’s services division has been selected by DIF Capital Partners to operate the site near Twin Falls in the Gem State, which features 122 GE Renewable Energy 1.5MW turbines.
The deal brings Longroad’s asset management contracts with DIF to 700MW, including projects in Idaho and Oklahoma.
“We are driven to achieve and exceed DIF’s expected investment returns by bringing our experienced asset management, operations and technical teams to bear on these projects,” said chief operations officer Michael Alvarez.
“Our track record and experience in managing complex renewable energy assets appealed to DIF and we are proud to add IWP to our growing portfolio of managed wind and solar assets.”
“Longroad has been a strong partner in providing the full range of management and technical services for our US wind assets. We appreciate how they bring an owner’s perspective to managing our projects and focus on optimizing each asset so that it can exceed expected returns,” added DIF managing director Moira Turnbull-Fox.
Longroad Energy now has 1.9GW under management contracts, including 400 solar projects.