Global firm Arevon adopts new technology to digitise asset management
Arevon, a global renewable energy asset management company affiliated with Capital Dynamics, has appointed UK-based Sennen to deliver a new cloud-based software system to its European platform that will digitise its operations.
The new technology enables Arevon to capture, analyse and report on all data relating to its current 16 onshore wind farms and one solar site in the UK and Northern Ireland and its future pipeline of projects across Europe.
Arevon sought a new solution that brought together all financial and performance data, health and safety, environmental, social and corporate governance (ESG) and contract information relating to its assets. Having all the data held in one cloud-based platform enables the whole team to access the data quickly and easily and use it to build a complete picture of asset performance.
Paul Hughes, Finance & Operations Director, Europe, at Arevon, said: “As our portfolio grows, we needed sophisticated technology that could keep up with the increasingly complex datasets that are part of managing clean energy infrastructure assets”.
“We chose Sennen’s technology because it allows us to analyse what’s happening at both an operational and strategic level, giving us much greater control over our portfolio. It’s also easy to use and intuitive, and Sennen has been able to modify the system so that it meets our exact needs. We see it as being an integral part of our strategy as we grow our portfolio.”
Sennen modified the system for Arevon so that it now captures data on the offsetting of carbon dioxide emissions as well as the number of homes powered.
Gaby Amiel, CEO and co-founder of Sennen, said: “We’ve worked closely with Paul and the Arevon team for several months to understand what they needed and to customise our technology accordingly. We’ve also delivered a trial to ensure everyone was comfortable with how it worked before bringing it online, as well as extracting data from all project contracts to make the transition as smooth as possible”.