International renewable energy company IPP Nadara announces scale-up strategy with new brand

LONDON, 3 July 2024–(BUSINESS WIRE)–Nadara, the largest onshore wind Independent Power Producer (IPP) in Europe, today announces the long-term strategy for the newly combined entity, which focuses on scaling and growth to realize its 18 GW of development potential over the next 10 years, while maximizing stakeholder value from its existing operating portfolio.

Nadara CEO Toni Volpe said: “At Nadara, we already operate at scale. Our new, combined position as one of the largest independent renewable energy companies in Europe gives us the flexibility and agility to scale even more efficiently. This will enable us to build sustainable partnerships with communities and local businesses to deliver tangible impact that goes beyond decarbonisation to provide reliable energy as well as societal benefits.

“Nadara’s culture is built on caring about people and the relationships we build both within our teams and with others that allow us to thrive.”

Unveiling its new brand and purpose, Nadara – formed from the merger of Ventient Energy and Renantis – has solidified its position as a leading player in the renewable energy market in Europe, with 4.2 GW of installed assets, spanning approximately 200 wind, solar, biomass and energy storage assets across Europe and the U.S. Nadara has excellent internal capabilities to develop and manage its pipeline of floating offshore wind, under-construction PV, onshore wind and battery storage facilities with agility and efficiency.

The company’s business strategy is structured around four pillars: operational excellence driven by enhanced digital and AI-based tools and proactive advanced asset management; strong competencies in captive energy markets and dispatch capabilities; pipeline-to-operational project conversion excellence with a focus on creating value from the existing asset base through repowering, overpowering and colocation; and a scalable platform for value creation and efficiency. Nadara aims to deliver increased value to its stakeholders and communities in key geographies, supported by investors focused on long-term value creation and growing industry presence.

For more information about Nadar, visit nadara.com or https://www.linkedin.com/company/nadara-living-energy

View source version on businesswire.com: https://www.businesswire.com/news/home/20240702831339/en/

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