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  • Ronnie Brewer

RES Diversifies Asset Management Business Through Blueshore Acquisition

Feb 7, 2022 05: 52 PM ET

  1. UK-primarily based RES, has in actuality supplied the acquisition of Australia primarily based Blueshore, an asset management commerce with 1.6 GW of resources below management.

The switch doubles RES’ asset management portfolio in Australia to over 3GW. Blueshore offers industrial, technical and additionally financial asset management solutions for photo voltaic and wind vitality resources alongside the stipulation of portfolio management solutions to financiers within the Australian market. The acquisition brings RES novel capacities, set up-novel user partnerships to boot to enables RES to diversify its latest existence within the hastily-rising Australian asset management market, incorporating RES’ technical, engineering and price optimization solutions with Blueshore’s sure merchandise providing, to present tailored solutions to optimize project effectivity plus guarantee compliance.

Grant Harris, RES’ Director of Asset Administration, Asia Pacific commented, “We are privileged to agree with the change to bring the Blueshore to boot to RES Asset Administration groups together. We both portion an on a protracted-established foundation society and mission to make impress to our customers during the provision of ingenious providers and products that race to the core of maximising the impress of working resources.

Combining 2 extremely a qualified groups on this dynamic and additionally rising market enables us to present the widest differ of alternate choices for the house owners of renewable helpful resource projects.” Mike Rand, Blueshore’s creator acknowledged, “The deal stands for a fanciful action both for Blueshore and additionally for the Australian eco-righteous market, with the mixed groups location to assemble a powerhouse of recordsdata within the management to boot to optimization of Australian renewable energy resources.”

RES has considered significant development in its assistance solutions (asset management, procedures and additionally repairs) commerce over the last few years. The acquisition sees RES within the within the period in-between sustaining over 9GW of operational wind, photo voltaic to boot to storage projects resources for the duration of the enviornment. RES has in actuality supplied bigger than 22GW of renewable energy projects for the duration of the enviornment. RES employs bigger than 2,000 folks and additionally is active in 10 worldwide locations functioning for the duration of onshore and offshore wind, photo voltaic, vitality storage diagram and transmission and circulation.


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