Nadara, Europe’s largest independent onshore wind producer, announces the new combined entity’s long-term strategy, focused on scaling up and growing to deliver an 18GW development pipeline over the next 10 years, while maximising the value of its existing operating portfolio for stakeholders.
Toni Volpe, CEO of Nadara, said: ” At Nadara we are already operating at scale. Our new combined entity is one of the largest independent renewable energy companies in Europe and gives us the flexibility and agility to scale even more efficiently. It will enable us to create sustainable partnerships with local communities and businesses to achieve tangible impact that goes beyond decarbonisation and delivers reliable energy and benefits for society.
Nadara’s culture is built on caring about people and the connections we create, both within our teams and with each other, that allow us to evolve.”
Unveiling its new brand and purpose, Nadara (formed from the merger of Ventient Energy and Renantis) has established itself as a leading player in the renewable energy sector in Europe, with 4.2 GW of installed assets, including approximately 200 wind, solar, biomass and energy storage projects in Europe and the US. Nadara has excellent internal capabilities to develop and operate its pipeline of floating offshore wind, under construction PV, onshore wind and battery storage projects in an agile and efficient manner.
The company’s business strategy is based on four pillars: operational excellence driven by enhanced digital and AI tools and advanced active asset management; strong in-house expertise in energy markets and dispatch capabilities; excellence in pipeline conversion into operational projects, with an emphasis on value creation from the existing asset base through repowering, overpowering and co-location; and a scalable platform to create value and achieve efficiency. Nadara aims to deliver greater value to stakeholders and communities in key regions, with the support of investors focused on long-term value creation and a growing presence in the sector.
SOURCE: Businesswire