Blue Tree strenghtens its committment to the Latin American regione with a new renewable energy management contract in Chile
- Blue Tree Asset Management (BTAM), a firm specialized in the comprehensive management of renewable energy projects, widens its portfolio with the signature of a management contract of a more than 50 MW photovoltaic farm in Chile for a renewable energy assets investment multinational company.
Madrid, March 8th2017 – This management contract represents a step forward in Blue Tree’s consolidation in the Latin American region, as well as the firm’s entry in Chile, a market in which the firm expects to keep growing during 2017.
“This contract consolidates our sound growth plan in Latin America, where investors increasingly demand a further professionalization in the management of renewable energy assets and value the experience and professionalism of specialised firms with a proven track record”, explains Jose María Basagoiti, Chief Operating Officer at Blue Tree.
Blue Tree currently manages for its clients a global portfolio of more than 320 MW of photovoltaic and wind power projects, following a business model that is based on the pillars of independence and specialization, and focusing on all areas of asset management (legal, technical and financial/economic).
Blue Tree works for a wide number of clients holding renewable energy assets, from smaller scale private investors to major institutional investors at an international level, including investment funds and banking entities.
The framework for this new contract is an ambitious business plan that will lead the firm to manage 1,000 MW in three years, positioning itself in strategic markets including the United States, the United Kingdom, Mexico and Chile, while consolidating its presence in Spain, Italy and the Latin American countries where it already operates.