Novatus Energy Selects E.ON Energy Services to Manage Four Wind Farms

News provided by

Sep 26, 2016, 08:00 ET

CHICAGO, Sept. 26, 2016 /PRNewswire/ -- Novatus Energy has selected E.ON Energy Services to manage four of its wind farms across three states. E.ON will provide complete asset management, site supervision and balance of plant management for two wind farms in Texas, one in Maine, and one in Washington State. The portfolio of projects totals more than 700 megawatts and lands in three different balancing authorities. The projects include the South Plains II and Route 66 projects in Texas, the Palouse project in Washington State, and the Oakfield project in Maine. E.ON Energy Services will serve as the asset manager of the sites for five years under the terms of the agreement with Novatus Energy.

"E.ON is one of the most experienced operators in North America and their track record of high quality and commitment to safety helped make this an easy decision. We are focused on safety and high performance. We expect excellence from those working on our behalf, and we are confident that E.ON will deliver," Novatus Energy CEO Steve Doyon said. "Novatus Energy continues to look at opportunities for expansion, but managing, operating, and maintaining our assets in a safe and efficient manner is our first priority."

"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.

About E.ON
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.