EDF Renewable Services announces that they recently assumed Asset Management and O&M services on a portfolio of solar photovoltaic (PV) projects totaling 200MW.
The portfolio comprises 206 solar projects spanning across 13 states from New Jersey to Hawaii with an equally diverse range in capacity from 36kW up to 25MW.
EDF RS is working hand-in-hand with the incumbent service providers and the project owners during the transition period to ensure uninterrupted management and service. At the conclusion of the transition period, EDF RS will be performing full scope O&M and Asset Management services under long-term agreements.
Larry Barr, Executive Vice President of EDF RS, commented, "This transaction demonstrates EDF RS's ability to provide security and continuity to renewable energy asset owners in a time of extreme financial unrest within the industry. We are using our well-established and industry leading O&M and Asset Management resources to provide the owners of these projects with a thoughtful transition away from their prior service providers to a long-term partnership driven to maximize profitability."