Info
Info
News Article

Wiseenergy Signs 550 MW Solar Asset Management Contract In India

News

WiseEnergy is pleased to announce a partnership with Actis, one of the largest and most prestigious investors in renewable energy growth markets. WiseEnergy has signed a multi-year contract to provide comprehensive Asset Management Services for a 550 MWp (400 MW AC) solar portfolio in India that Actis Long Life Infrastructure Fund (ALLIF) has recently acquired.
“This agreement represents a major milestone for WiseEnergy” - says Rebecca Carter, WiseEnergy's Managing Director - “not only does it increase our presence in India, one of our key growth markets, it also establishes our partnership with Actis. We are honoured that Actis chose WiseEnergy to manage its newly acquired solar plants in India and are excited about the growth possibilities this brings for both parties in the future.”
“Beginning from July 2020” - adds Pratik Ghoshal, Global Head of Business Development - “WiseEnergy will provide end-to-end asset management services, including financial, commercial and technical management, for two projects (four plants in total) located in the states of Madhya Pradesh and Andhra Pradesh. Actis will benefit from WiseEnergy's 11 years of specialised asset management experience, subject matter expertise and industry best practices without having to bear high internal fixed costs and inflexibility that often hinder AUM growth.”
Underlying WiseEnergy's track record of market-leading performance are its superior systems and processes, which are enabled by a proprietary asset management software platform, and know-how developed from managing over 1,500 solar plants, totaling 2.2 GW, across four different continents.

Luxcara And GE Renewable To Deliver 753 MW To Sweden With Single Onshore Wind Farm
Greencoat Renewables Announces First Transaction In Nordic Market
BayWa R.e. And HeidelbergCement Sign First Solar Corporate PPA In Polish History
AEG Power Solutions Equips The Microgrid Laboratory Emulator Of Paderborn University
Going Green In Lancashire – Hundreds Of Houses Installed With Solar Panels In Ground-breaking Project
Sonnedix Brings Chile Closer To Meet Its Renewable Power Targets
Winch Energy Closes Largest Mini Grid Financing Portfolio To Date
International Solar Alliance Special Assembly Elects Dr Ajay Mathur As New Director General
SUNfarming Secures EUR 10 Million In Fresh Money For Poland
Analysis Of UK Commercial Roof Space Shows Solar PV Film Can Achieve Net Zero Without Greenfield Sites
Solar Energy For Water Treatment: IBC SOLAR Helps Water Authority Become More Sustainable
Driving Efficiency Through Flexible Solar Power Solutions
US Solar Fund To Acquire Up To 50% Of 200MWDC Mount Signal 2
SunBrush Mobil And Infinity Establish Service Base At Benban, Africa's Largest Solar Park
Leclanché Selected By ENERGODATA To Provide Battery Storage
SolarArise Commissions 75 MW Solar Plant In Uttar Pradesh
VivoPower International PLC Announces Completion Of Electrical Works For 39 MWdc Molong Solar Farm
Sonnedix Adds 40 MW Of Capacity To Its Portfolio In Chile
Oakapple Renewable Energy Appoint Stuart Gentry To Head Business Development
The Smarter E South America Postponed To October 18-20, 2021
Q CELLS Solar Modules Keeping The Lights On For Dutch Bulb Grower
Sonnedix Acquires 150MW Utility Scale Project Located In Central Chile
Ib Vogt Achieves Financial Close And Start Of Construction Of 116 MWp Solar PV Project In Malaysia
SUNfarming Reaches Financial Close On Project Financing For 26 MWp PV Portfolio In Poland

×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Solar + Power Magazine, the Solar + Power Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification} Array
Live Event