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Reported by RES on 19 November 2018

RES awarded Asset Management Services Contract by NTR for Castlecraig

Castlecraig Wind Farm, owned by sustainable infrastructure investors and asset managers NTR, will be operated by leading renewable energy business, RES, following the awarding of an asset management services contract.

Castlecraig Wind Farm, Northern Ireland (c) Keith Arkins (Courtesy of Renewable Energy Systems Limited)

The ten turbine, 25MW wind farm located near Drumquin, Co. Tyrone is the first time the two businesses have worked together during operations and follows the successful construction of the wind farm by NTR supported by RES as Construction Manager. Castlecraig will generate enough clean power to meet the needs of over 18,500 homes.

The construction of Castlecraig was supported by several local firms, including Adman from Omagh which undertook the civil construction works, B.McCaffrey & Sons Ltd and Colton Quarries who provided stone, Tracey Concrete from Enniskillen, Lisburn based Mar-Train Heavy Haulage, along with local staff from Barton Industrial Services and Omexom from their Belfast offices.

Darren Cook, Head of Asset Management for RES, said: “Taking on the asset management contract at Castlecraig builds on our existing relationship with NTR and is a mark of confidence in the world-leading service we offer our clients.

“RES is looking forward to working closely with NTR to ensure the smooth running of this site and, utilising our extensive technical expertise, we will take every opportunity to maximise the output of the wind farm for our client.”

Joe Dalton, Director, Asset Management for NTR said: “NTR optimises long term returns from our assets on behalf of investors in our funds. With RES, we have successfully completed the construction of Castlecraig Wind Farm. The success of the project so far can be attributed in no small part to the high levels of trust, shared values and cooperation between NTR and RES. We are therefore delighted to partner with RES for the first time in the operations phase of a project. We look forward to continued high performance from this project over the coming years.”

During the contract period, RES will provide asset management, high voltage operations, financial management, control centre operations from its 24/7 facility in Glasgow, engineering and reporting services to NTR.

In total, RES now manages 414 individual turbines across 37 wind farms in the UK and Ireland, working with 10 different owners.

Darren added: “We are now managing nearly 700MW of wind energy for clients across the UK and Ireland. With a further 55MW of battery storage sites and 106MW of solar across eight sites under our charge, we’re seeing a real maturation of renewable energy as a clean way to power our homes, businesses and transport networks.”

References

[1]

Renewable Energy Systems Limited. Press release - RES awarded Asset Management Services Contract by NTR for Castlecraig. URL: http://res.mynewsdesk.com/pressreleases/res-awarded-asset-management-services-co.... [Date Accessed: 19/11/2018].

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