"With the acquisitions of these projects, Novatus Energy has established itself as a major owner in U.S. wind. Integrating a sizable portfolio takes careful planning and managing a lot of moving pieces. E.ON is one of only a few companies that have the experience and scale to take on projects large or small," E.ON North America Chairman Patrick Woodson said. "We are excited to bring our Service with An Owner's Eye philosophy to clients like Novatus Energy and look forward to getting to work on behalf of Novatus Energy."
With the Novatus Energy agreement, E.ON now manages, owns and/or operates wind farms in seven states and in nearly every major ISO. E.ON also provides Operations and Maintenance services in Europe through E.ON Energy Services which manages multiple sites in Sweden. E.ON is one of the world's largest generators of renewable energy, and has invested more than $12 billion globally in wind and solar projects over the last decade.
About Novatus Energy
Novatus Energy is a US focused renewable IPP, which owns and manages a portfolio of operating, and in construction, utility scale wind and solar generation facilities comprising over 1,800 MW's covering 8 states.
E.ON SE is an international investor-owned energy supplier and will in the future be focusing entirely on energy networks, customer solutions and renewables. In the 2015 financial year, more than 56,000 employees based in many countries in Europe as well as in North America generated sales of around €116 billion. Around 33 million customers purchase gas and electricity from E.ON. Within the global renewables segment, E.ON is a leading company and will continue to expand the share of renewable energy in E.ON's power generation portfolio. The company has already invested more than €10 billion and operates nearly 5.4 gigawatts of renewable capacity. E.ON is headquartered in Essen, Germany.
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SOURCE E.ON Energy Services