Wento’s business model is to provide strategic and financial investors with highly profitable assets in the “new energy” category, comprising renewable energy sources (wind, PV) and energy storage, utilizing the most advanced technology while maintaining competitive prices for such assets.
Wento develops and sells renewable energy and energy storage projects, which are carefully developed to the highest market standards and resilient to the regulatory systems evolution. Wento has also a track record of delivering fully constructed renewable energy plants for investors willing to acquire assets on a turn-key basis.
36 MW wind farm was built in 2015 and operates under Wento’s management;
48 MW wind farm project with one of the highest (>50%) load factors on the market is ready to build and is being offered to potential investors willing to acquire the asset on a merchant or PPA basis, or take part in the next CfD auction.
10 MW was commissioned in Q1 2018, after winning the 15 year long CfD during the 2016 auction. This asset was already sold to a strategic investor in 2018;
9 MW, which won the CfD support in 2017 auction was sold to a strategic investor;
66 MW, which won the CfD support in 2018 auction was sold to a strategic investor;
In total Wento has already developed and sold a portfolio of either projects or fully operational photovoltaic farms of 85 MW;
With around 10% market share, Wento is one of the leaders on the Polish photovoltaic project development market;
After three auctions, 100% of our projects that participated in auctions secured a CfD at a price guaranteeing attractive returns for investors.
After developing 85MW and constructing 10MW of ground mounted PV plants, Wento continues to develop 900+ MW of small-scale projects, to take part in future auctions for CfDs, as well as large-scale projects to be built based on corporate PPA market. Our in-depth knowledge and understanding of both technology development dynamics and regulatory environment evolution led us towards the development of large-scale (25MW+) ground mounted PV plants, as the future standard for not subsidized PV assets in Poland.
Wento is planning to invest in these activities over EUR 30m by 2021.
Our team has good experience in providing investors with the most profitable investment opportunities by being able to spot and take advantage of the newest market trends in the energy sector. Working with such a mindset, we defined energy storage to be the best new investment opportunity, starting to appear on the Polish and European energy markets.
Wento entered into a JV agreement (50/50) with the leading Polish manufacturer of energy storage systems, Impact Clean Power Technology, and created a new company called Energy Storage Management (www.energystorage.pl) which develops two new business lines:
Although, as of today, Energy Storage Management has not invested directly in any assets in two business areas mentioned above, our team is investing a substantial amount of time and a great number of resources to develop the tools and know-how which will enable us to take full advantage of being the “first mover” in this sector.
Our good understanding of the local regulatory environment, market reality and experience in fast development of cash flow generating business models/assets base, make us confident that we are very well positioned to harvest the high potential of these newly developing markets and energy storage technology.