Vector Renewables provides complete Asset Management services for Mirova's solar projects on the Island of Menorca
Vector Renewables is excited to announce its partnership with Mirova (Natixis Investment Managers) to provide complete asset management services for a solar project in Menorca and a holding company, further consolidating its position as a reference in renewable services.
The project, known as Menorca II and it´s Holding Osaka, represent a significant milestone in the region's energy transition, with a total capacity of 60 MWp in solar PV and 45 MW in storage that will be developed and installed in a later stage. The facility is currently finalizing the last tests and studies before construction of the PV modules and infrastructure, with the ambitious vision of optimizing renewable energy production on the island and contributing to its sustainability objectives.
As part of this exciting agreement, Vector Renewables will be responsible for the complete asset management service during the construction and operation phases of the project. This includes commercial, legal, and technical aspects, ensuring a comprehensive approach to the service in order to maximize the performance and efficiency, both technical and economic, of each of the projects.
José Luis García Pedroche, Country Manager Spain, mentioned: "At Vector Renewables we are very excited and committed with this agreement, which allows us to expand our international client portfolio, always contributing with our experience in the renewable sector".
Besides providing asset management services, Vector Renewables is committed to implementing best practices in operations and maintenance to ensure long-term reliability and optimal performance.
Under this agreement, Vector Renewables will also provide technical advisory consulting services such as EPC contract review, owner’s engineering, among others.
This achievement demonstrates the commitment and diversity of services that Vector Renewables can offer from its different lines of business with different approaches due to the resulting synergies between these lines that allow a perfect control and optimization of the performance, both technical and economic, of each asset.
For more information about Vector Renewables and its renewable energy consulting services, please visit our website and contact us with the different profiles according to your needs.
About Vector Renewables
Vector Renewables has provided services in more than 40 countries. It has a portfolio under asset management of more than 6.2 GW and has performed more than 205 GW of services as Technical Advisor and 5 GW as Legal Advisor. The company has participated in more than 3,000 projects, which has positioned itself as one of the most relevant independent advisors in the renewable energy sector worldwide.
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