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Tuesday, 23 April 2024

wind

Portugal

Onex Renewables appoints Exus as asset manager after Portuguese wind acquisition

Exus Management Partners (Exus) has advised on the acquisition of a 221MW wind portfolio in northern Portugal and has also now been chosen by Onex Renewables (Onex) to deliver its full suite of asset and financial management services for these sites.
Onex Renewables appoints Exus as asset manager after Portuguese wind acquisition
Portuguese wind farm. Courtesy of CarreiaPM.

Exus has developed and operated over 7.5 GW of renewable energy assets worldwide and therefore brings considerable expertise to the five individual wind projects in the Portuguese portfolio. The sites were previously owned by EDP Renewables (EDPR) and come with an 18-year PPA attached. Two of the wind farms are already in operation, with the remaining three under construction.

“Renewable energy is a key part of our investment strategy” said Ramez Attieh, CIO at Onex Holding. “Ensuring our wind farms are performing optimally will be essential to our expansion within the sector. We’re looking forward to building on our relationship with Exus to help expand our global portfolio and fulfil our ESG commitments in the coming years.”

For additional information:

Onex Renewables (Onex)

Exus Management Partners
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