Centrica Energy and Encavis have strengthened their longstanding partnership with a new agreement that adds 100 MW of German wind capacity to Centrica Energy’s optimisation portfolio. Following this latest agreement, Centrica Energy now manages a total of 550 MW of Encavis’ operational renewable assets.
Through advanced optimisation strategies, Centrica Energy supports Encavis in bringing further green electricity into the European power grid. Encavis, which operates and supplies green energy from more than 250 solar parks and around 100 wind farms across Europe, continues to make significant investments in renewable and flexible capacity as it expands its footprint across key European markets.
The enhanced collaboration with Centrica Energy supports Encavis’ long-term strategy to deliver reliable supply of clean energy from its solar, wind and flexible assets.
About Centrica Energy
Centrica Energy is the energy trading and optimisation arm of Centrica plc, responsible for managing commodity risk and sourcing energy on behalf of Centrica Group’s energy supply activities.
Centrica Energy is a global energy trading company which helps move energy from source to use powering businesses, homes, and societies. Across 8 offices on three continents, and with 800+ passionate and highly skilled energy experts, they trade power, gas, liquified natural gas and green certificates, connecting energy producers, suppliers and offtakers in wholesale energy markets.
Centrica Energy is one of the largest renewable asset managers in Europe, with over 19.5 GW of capacity under contract, of which more than 85% is renewable assets.
About Encavis
Encavis is one of Europe’s leading producers of electricity from Renewable Energy. The company operates a broadly diversified portfolio of onshore wind farms, ground-mounted solar parks, and battery storage systems across 13 European countries - including Germany, Italy, Spain, Denmark, and the Netherlands. In addition, Encavis offers institutional investors attractive opportunities to participate in Renewable Energy assets. Its subsidiary, Stern Energy, complements the service portfolio as a Europe-wide specialist in technical services for photovoltaic systems.
With a total installed capacity of around 4.9 gigawatts, Encavis makes a significant contribution to sustainable energy supply and the achievement of Europe’s climate goals.
Further information can be found at www.encavis.com