Falck Renewables | Business

Progressing in business is part of our DNA

While remaining focused on Renewable Energy generation, our business has gradually evolved over time, expanding its scope to include Development, Energy Services, Asset Management and Technical and Financial Consulting.

Business Model

Our Energy generation assets

We are an international pure play company working in the field of renewables. We handle the development, planning, construction and management of electricity generation plants.

Wind

We have 959 MW of wind power installed in Italy, Spain, France, Sweden, Norway and the United Kingdom, where we rank among the major private operators in the field of renewable energy. We operate successfully in a competitive and fast-growing market thanks to close collaboration with local developers in the initial stages of the project, through solid relationships with landowners and making use, wherever possible, of local suppliers. We have PPAs (Power Purchase Agreements) in place with important international players for selling the energy produced by some of our plants in the UK, Norway and Spain. Our specific expertise in the financing, construction and operational management of wind plants makes it possible to undertake projects with high potential that protect the needs of the local communities at every stage, while fully respecting the environment.

PHOTOVOLTAICS

Our activity in the photovoltaics sector – with 162 MW installed in Italy and the United States – involves the management of plants that are currently in operation and the development of new projects with direct intervention or through joint ventures with leading companies at international level.

STORAGE SYSTEMS

In 2019, with the installation of the battery storage system (6.6 MWh) connected to our photovoltaic plant in Middleton, Massachusetts (USA), we entered the energy storage system sector, one of the smartest and most revolutionary markets at the service of the proper management, balancing and security of the grid for an increasingly decarbonized electricity system. 

BIOMASS AND WASTE TO ENERGY

BIOMASS AND WASTE-TO-ENERGY

We work in the biomass and waste-to-energy sector with 46 MW installed in Italy. Of this installed power, there is 15 MW belong to the Rende biomass plant (Cosenza), 20 MW to the waste-to-energy plant in Trezzo sull’Adda (Milan), and 11 MW to the waste-to-energy plant in Granarolo dell’Emilia (Bologna).

Our
international presence

Capacity MW

Spain

Sweden

Norway

175

USA

354

Italy

413

France

ASSET DEVELOPMENT

Green Field Development

Stakeholder engagement

PPA ORIGINATION

With Falck Renewables Asset Development, we have chosen to make developing new projects both the foundation for our growth and a differential factor for the success of our initiatives. Everything we do revolves around partnerships - with landowners, local communities who live where our new plants will be, local developers, companies in the local area and public officials. We guarantee our respect, consideration and commitment to everyone we work with. By building on these foundations, we develop initiatives that are sustainable from both an environmental and economic point of view.

NEXT SOLUTIONS

Through the activities of Falck Renewables Next Solutions, we work alongside producers and consumers (public authorities, industry, the service sector and local communities), providing a comprehensive, flexible and innovative service along the entire energy supply chain.

We offer services related to optimal energy management for a more efficient use of available infrastructure and resources: long-term supply agreements (Power Purchase Agreements), offtaking, portfolio management services, development of advanced demand management solutions, energy communities, energy storage and grid services for energy production plants,

Discover the Market Access offer

We take care of financing interventions aimed at increasing distributed generation and energy saving: photovoltaics, cogeneration, storage systems, diagnosis and consultancy, efficiency in the ESCo (Energy Service Company) formula. We design, implement and manage projects to increase local sustainable production, flexibility and reduce energy consumption, assuming responsibility for the result.

Discover the Energy Solutions offer

With Energy Team, a Group company, we offer hardware and software systems and innovative services for measuring, monitoring, managing and optimizing plant performance. We develop algorithms to analyze big data and the predictive analysis of consumption, improving production processes and enabling participation in flexibility markets.

Discover the Energy Solutions offer

ASSET MANAGEMENT

ASSET MANAGEMENT ACTIVITIES & TECHNICAL AND FINANCIAL CONSULTANCY

With Vector Renewables Asset Empowerment we offer asset management and technical and financial advisory services to utilities, developers, energy companies, investment funds and credit institutions. 
Our renewable asset management services cover the entire project life cycle: from project development to the construction stage, from commissioning to the evaluation and possible extension of the useful life of the plant.

Asset management ensures the continued and effective operation of renewable plants, optimizing performance and thus return, and at the same time minimizing the risk of inactivity. 

Our services cover the entire life cycle of a renewable plant : from the design development to the construction phase, from the commissioning to the evaluation, up to the possible extension of the useful life of the plant.

Technical asset management involves supervising plant maintenance, monitoring and maximizing performance, as well as diagnostic activity aimed at assessing plant operating conditions. 

Thanks to the support of advanced digital technologies, this service ensures maximum control of the plants in order to also determine proactively the extension of their useful life. 

LEARN MORE ABOUT VECTOR RENEWABLES

Our specialist consultancy covers all the technical aspects associated with the plant's development: from the feasibility study to design engineering, technical due diligence to supervising the construction, down to commissioning and performance monitoring. 

During the development stage, we provide assistance to estimate the anticipated production, support in reviewing the authorization process, engineering consultancy, support in procurement and legal assistance.  

During the construction stage up to the testing and handover of the plant, we assess the quality, conformity and adequacy of the works, and we verify the amount of associated expenses. 

During operation, we offer value-added services that supplement the monitoring and performance reporting activities with in-depth analysis to improve performance. Analyzing historical operating data helps us to define scenarios for extending the useful life. 

We offer consultancy services for the analysis, sale, acquisition and financing of renewable energy plants, providing tax and legal assistance, in order to optimize the functioning of the projects.   

We offer assistance in identifying financial sponsors and in planning, arranging and negotiating project financing with banks and private investors.  

Moreover, we support Independent Power Producers (IPPs) in arranging Power Purchase Agreements (PPAs), for the sale of energy between two parties.   

Our assistance includes the evaluation of the bankability criteria of the projects, their features, identifying potential off-takers, as well as negotiating, arranging and closing agreements.  