Exus Renewables has entered into a commercial partnership with Pure Energy to deliver a unified service for renewable asset management and energy market operations, targeting the German and Polish markets initially.
The agreement brings together Exus’s full-cycle asset management capabilities across technical, financial and commercial services with Pure Energy’s real-time energy dispatch and intraday execution. Pure Energy’s services have been established within Germany and other European countries.
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Currently, Pure Energy manages approximately 8GW of renewable assets across European power markets.
Exus energy services managing director Alfonso Cebrián said: “This agreement is a significant step in strengthening our Energy Services pillar and reflects our broader ambition to position Exus as a pan-European integrated Energy Solutions Provider.
“Pure Energy’s footprint and proven credentials in Germany and Poland align directly with our expansion priorities in Europe, and we look forward to delivering enhanced value to our clients across both markets.”
By combining the two companies’ services, the new arrangement aims to provide asset owners of renewable and battery energy storage system (BESS) projects with access to a range of services. These include hedging, intraday optimisation, structured offtake, and ancillary service management, coordinated through both asset management and energy trading platforms.
The two companies intend to expand this joint approach into additional European markets over time.
Spain has been identified as a possible next step, described as having significant potential due to its targets for renewable electricity generation and energy storage capacity by 2030.
Pure Energy managing director Anduvap Servet Akgün said: “By combining Exus’ life-cycle asset management with our energy management, forecasting and balancing capabilities, we give renewable energy owners an end-to-end offering: technical decisions and market actions that reinforce each other, full transparency through a single interface and measurable revenue uplift.”
The companies stated that the collaboration responds to the growing complexity of European power markets, driven by increased renewable generation and investments in storage and grid flexibility. They noted that Germany and Poland in particular are seeking solutions that link asset management with energy trading.
In March, Exus Renewables North America assumed responsibility for managing solar projects with a combined capacity of 437MWdc in Texas, US, after reaching an agreement with Nuveen Infrastructure.