Australian wind energy company Wind Prospect has announced plan to create an independent utility-scale renewables asset management platform with a consolidated portfolio of over 1 GW of independent, utility-scale renewable energy projects in Europe.

The portfolio consists of wind and solar energy assets, which has generated over €400 m in annual revenues for its clients.

Wind Prospect said that the Wind Prospect Operations (WPO) platform merges the company’s two businesses that were operated separately in UK/Ireland and France/Germany.

By creating wind and solar asset management platform, the company aims to deliver a more competitive and streamlined service for its clients.

The new entity will also extend consultancy offerings, including performance audits, contract negotiation, technical field inspections and insurance brokerage.

Wind Prospect Operations’ CEO Barthélémy Rouer said: ‘Our consolidated platform provides both WPO and its clients with the scale they need in this competitive market.

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"Our aim is to deliver high quality, flexible and cost effective services which meet the needs of asset owners, investors, lenders and insurers in all of their jurisdictions and across all renewable energy technologies."

WPO has named Barthélémy Rouer as the CEO, and Duncan Levie as the lead of delivery of long-term asset management services.

WPO’s extended consultancy offering also includes contract performance audits, technical field inspections, negotiation, and insurance brokerage.