WiseEnergy: Best Solar Asset Manager UK 2021
Founded in 2008, WiseEnergy manages and optimises solar assets for its parent company, NextEnergy Capital Group, and external clients worldwide. WiseEnergy guides clients along every step of the investment process, from construction to long-term operational asset management. It has more than 1,500 solar assets under management, representing a €4bn value and a power capacity of 2.3 gigawatts. WiseEnergy has made ESG a strategic priority (building on its biodiversity experience in the UK) ,and has a welcoming work culture with a 120-person team of professionals from diverse backgrounds providing global insights and local connections. The team is well versed in remote working technologies, and the company has introduced additional layers to ensure that every member feels connected to the whole — despite Covid-caused isolation. For example, WiseEnergy focuses on mental health and support for employees, and hosts monthly virtual update and strategy sessions to maintain connectivity and reaffirm its vision for the year ahead. All employees are passionate about a ruthless focus on performance, a strong commitment to ESG, and personal initiative for innovation and continuous improvement. Superior returns are achieved by maximising asset-generated revenue, reducing asset operational expenditure and executing risk mitigation for our clients. In this way, WiseEnergy maximises upside and also avoids losses for example by ensuring a proactive “spare part” procurement strategy . WiseEnergy is working to expedite the transition to clean energy — and is convinced that its market-leading investor returns will continue to provide momentum to the movement. The CFI.co judging panel salutes a small organisation with an outsized global impact, presenting WiseEnergy with the 2021 award for Best Solar Asset Manager (UK).