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New technology will give Foresight clear vision of its assets

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Technology company Sennen, whose bespoke software enables safer and more efficient renewable energy operations, has won a major new client.

Leading renewable energy infrastructure and private equity investment manager Foresight Group LLP (Foresight) is now working with Sennen to deploy a system that underpins the management of its portfolio of renewable energy and sustainable infrastructure investments. Key features include automating tasks, providing reliable data about assets and ultimately adding value to the portfolio.

The new contract will see the Sennen team working closely with Foresight to build a platform shared by internal users and external contractors, which allows them to see clearly how their renewable energy assets are performing, identify inefficiencies, reduce workload and make reporting easier.

Gaby Amiel, CEO at Sennen, said: “This is fantastic news for Sennen. We are delighted to be working with a company that invests to support sustainable development on this scale. We have embedded ourselves in the team to really understand and respond to what they want to achieve and it’s exciting to know that our system will underpin Foresight’s vision for growth.”

Foresight’s investment portfolio totals more than £4.5 billion of assets under management (AUM), which includes more than 240 clean energy projects. These consist of onshore windfarms, solar projects, biogas facilities and battery storage units, including the UK’s largest solar farm in Shotwick, North Wales.

Sennen’s system will gather and automate data across all these sites, bringing information together into one place to give greater transparency and accessibility for the whole Foresight team.

Ricardo Piñeiro, Partner at Foresight, said: “This project is of strategic importance to us, as our focus is all about a smarter future. Our portfolio management team needs a more sophisticated approach that will allow them to see data from our growing portfolio of renewable energy projects in a more intuitive and insightful way.

Andrew Higgins, CTO at Foresight added: “Sennen’s system is extremely agile, giving us much greater flexibility and control. We now have everything at our fingertips and can leverage the information in myriad ways.

“It was important to find a partner that has not only the sector knowledge and technical expertise, but also the right cultural fit, and Sennen ticked all the boxes.”

Founded in 2015, Sennen is also a technology partner for London Array, having built a system which has transformed how one of the world’s largest offshore wind farms is operated. Sennen’s unique software platform allows the company to track and optimise construction and maintenance activity at the site, including vessels and personnel, using real-time updates.

The client win comes shortly after Sennen secured financial backing in its first round of seed funding from investment firm Sustainable Accelerator. The Sennen team has grown quickly in the last year and is now 10 strong.

Unlike many other systems on the market, Sennen works in partnership with companies to develop a digital platform that exactly meets the needs of the client. Its modular structure means it is completely configurable and can work alongside existing applications.

It has been developed by a team of people who collectively have 30 years’ experience in the renewables industry so they understand exactly what is needed and how to deliver it.

Hamid Didebhan, Data Architect Manager at Foresight said “Sennen have swiftly provided a critical missing piece in our data systems. The sector expertise and responsiveness of the Sennen team proved to be a game-changing combination”.

 

FOR MEDIA ENQUIRIES, CONTACT GABY AMIEL:

07733 119449 OR INFO@SENNEN.TECH

END

Notes to Editors

About Foresight Group (Foresight)

Foresight is a leading independent infrastructure and private equity investment manager which has been managing investment funds on behalf of institutions and retail clients for more than 35 years.

Foresight has over £4.5 billion of Assets Under Management, of which £4 billion relates to renewable energy infrastructure. Foresight currently manages more than 240 renewable generation assets globally, with a total generating capacity of 2.25GW.

Foresight has invested in over 130 solar plants and has more than 1.3GW of solar generation assets under management around the world.

Foresight has more than 600MW of wind generation assets across the UK, France, Germany and Sweden of which 370MW are operational.

Foresight manages 40 bioenergy and waste projects processing some two million tonnes of waste every year, having mobilised more than £1 billion of capital investment into the sector.

In addition, Foresight manages 190MW of Reserve Power assets and three utility scale Battery Storage projects providing 46MW of Enhanced Frequency Response services to National Grid.

Foresight is headquartered in London with regional offices in Manchester, Nottingham, Edinburgh, Cambridge, Milton Keynes, Leicester and Guernsey and international offices in Sydney, Rome, Madrid and Seoul.

www.foresightgroup.eu