CIP Assigns Asset Management for 750 MW Solar Portfolio to Exus

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Another Exus Partners challenge, the Travers solar challenge in Canada

Copenhagen Infrastructure Partners (CIP) has chosen Exus Management Partners to supply their full vary of asset administration providers for the Greasewood, Misae and Sage solar tasks throughout Texas and Utah, totaling 750 MW.

The deal takes Exus’ partnership with CIP in North America to over 2 GW throughout wind and solar, with CIP having beforehand appointed Exus as asset supervisor on the 477 MW Fighting Jays solar farm in Texas and the 700 MW Travers solar challenge in Alberta, Canada’s largest solar farm.

The settlement marks the start of Exus’ relationship with Ingka Investments, the funding arm of Ingka Group, a strategic companion within the IKEA franchise system. Ingka Investments is part-owner of the Misae and Sage tasks.

“Trusted partnerships and high-quality services are key to the successful development, construction and maintenance of renewable energy projects,” says Dhaval Bhalodia, companion and head of Asset Management North America at Exus. “We are excited to continue building our relationship with Copenhagen Infrastructure Partners, and begin our journey with Ingka Investments, in the US renewables space. We will continue to innovate to fine-tune the technical performance of our assets and prioritize the asset management activities that deliver the most value for our clients.”

The just lately signed deal incorporates a five-year preliminary time period permitting Exus to totally reveal its scope of asset and monetary administration, operations and upkeep, and challenge administration providers.

“We are pleased to continue collaborating with Exus who have consistently demonstrated their ability to go above and beyond our expectations regarding the management of our renewable energy assets,” states Mads Skovgaard-Andersen, companion at CIP. “Optimizing and maintaining solar projects is essential to maximizing returns for our investors. Our work with Exus will enable us to excel in achieving that over the coming years.”

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