Albion Capital, a UK venture capital and renewables specialist, has signed an agreement with energy management specialist Everun for engineering support of an additional portfolio of Wind Turbines in Northern Ireland. The agreement builds on the longstanding relationship between the two companies and complements a support agreement for an Albion Solar installation signed earlier in the year.
As part of this deal, Everun will provide regular maintenance and fault management services to the new portfolio, as well as a remedial and life extension program.
Commenting on the deal, Michael Thompson, MD Everun said:
“We have had a great relationship with the investment team at Albion for many years, providing a range of engineering and asset management services to their portfolio of energy assets, and a seamless turnkey service. We are delighted to have added to the overall package of services with this new portfolio of single site turbines.”
Marco Yu, Partner and Head of Renewables at Albion Capital, stated:
“Everun has consistently delivered exceptional support, helping us optimise the performance of our renewable assets in Northern Ireland. Their proactive approach and reliability made them the natural choice for these additional contracts. The seamless take-on process they’ve implemented ensures uninterrupted service to our turbines.”
Albion Capital is a specialist venture capital and renewables investor that has backed visionary founders and technologies since 1996, currently managing £1 billlion in AUM. Funds managed by Albion invest in a broad spectrum of renewable technologies across the UK. With 15 years of renewable experience, Albion has a strong track record of investing and managing community scale projects that drive real outcomes for investors and society. Albion Capital Group LLP is authorised and regulated by the Financial Conduct Authority.
Everun is a leading provider of onshore Wind Turbine Generator Asset Management and Energy Management services throughout the UK and Ireland, with over 400 wind turbine assets under management. Everun also provide asset and financial management services with clients including fund and pension managers, utility operators and independent owners.
