Wedoany.com Report-Mar 30, BayWa's renewables division has signed a long-term framework agreement with Greencoat UK Wind, the infrastructure fund managed by Schroders Greencoat, to provide technical asset management services for its 14 wind farms across England and Scotland.
Nine of the projects, which total 406MW in capacity, have been retained and extended.
The 10-year framework agreement will see BayWa r.e. servicing 8 sites in Scotland and 6 in England.
Dickson Leung, asset manager at Schroders Greencoat, said: "We are delighted to sign this long-term framework agreement.
"Working in partnership with BayWa r.e., with their expert knowledge within the industry, will help support our own ambitions, and that of the sector, as we all work towards Net Zero goals in the UK and beyond."
Michael McKenzie, director at BayWa r.e. asset operations UK, added: "We are thrilled to be strengthening our partnership with Schroders Greencoat to provide crucial technical asset management services to ensure the smooth operation of Greencoat UK Wind’s wind assets.
"Our experience built up over many years will continue to be of real benefit to the Greencoat UK Wind portfolio."
