“Renalfa operates in numerous countries where PPAs are emerging as an instrument, replacing the government supported Feed-in-Tariffs (FiTs) and Contracts-for-Difference (CfD) schemes in order to improve a merchant PV project’s bankability."
"We are investing in risk management. As a fund, we do not internalise energy management and trading risk, and as such, we want to make sure that proper risk management is being done in a number of ways. At asset level, we want our management teams to have the most adaptive tools to arbitrate between keeping merchant exposure or taking PPA. At Ardian level, we also want to have a view on our merchant exposure overall, which helps us with portfolio construction.”












