Greensolver negotiates two wind turbine deals

1 May 2015


Wind project developers are increasingly turning to independent experts to negotiate and manage complex turbine supply and long term maintenance deals, says Greensolver.
Greensolver, an independent asset manager, has recently launched a 65 MW turbine negotiation process for two French wind energy projects. The deal is the firm's second such agreement in the past 12 months, following a 270 MW turbine negotiation on behalf of Velocita in 2014.
"The challenge that developers and investors face is knowing which purchasing decision will provide the best and most consistent performance over the lifetime of the project" said Carla Vico, technical director, Greensolver. "By working with an experienced, independent third party asset manager, developers and secondary investors can have the confidence that not only do the turbines
chosen provide the best return on investment, but also that the following O&M agreements are of good value."
In its latest agreement, Greensolver has been selected by a major French energy producer to manage a complete procurement process for the negotiation of turbine supply and maintenance contracts, starting with specification design, tender process management and offer comparisons, before culminating in bankable contract negotiations.
In 2014, a deal with Velocita saw Greensolver provide its procurement advisory services not only for the first turbine tender contract with GE, but also for the 15-year operations and maintenance contract for the equipment. 
Andrew Lee, managing director, Velocita, commented: "In working on one of the biggest turbine agreements seen in the French market, we wanted to be sure that we were choosing the best performing equipment available for our projects."
Eric Caradec, director of construction, Velocita, commented: "Partnering with Greensolver provided us with the opportunity to assess all options and make the best decision not only for the supply, but crucially for the next 15 years of operations and maintenance support."
Over the last 8 years, Greensolver has successfully negotiated competitive supply agreements for more than 800 MW of wind turbines throughout Europe.Initially created by Veolia Environment in 2008, Greensolver was one of the first asset management firms in the French market to manage wind and solar park assets. Following a management buyout in 2012, it has become one of the leading third party providers of renewable energy services in mainland Europe.

 



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