About Our New Energy

About

Our New Energy (ONE) is an international energy services house. We help enable and accelerate the green energy transition by leveraging our market knowledge and capabilities to provide tailor-made services targeting renewable producers, asset owners, industrial offtakers, and energy suppliers.

We connect generators, consumers, and investors, simplifying and demystifying market conditions for new and established players in the energy industry.

Our New Energy has been an active market participant since the inception of market parity PPAs. We currently work with investment funds, private equity firms, independent power producers (IPPs), renewable developers, asset managers, energy traders, energy service companies (ESCOs), mid-size utilities, and energy-intensive industries.

Today, we have mandates in several countries, giving us a unique insight into current market opportunities, developments, and trends. Coupled with our extensive industry knowledge, this allows us to deliver market-leading innovative and bespoke solutions to our clients in a timely and cost-effective manner.

Our Story

Founded in 2016, Our New Energy has been at the forefront of the development of PPAs for unsubsidised assets.

We signed the first PPA for a utility-scale ground-mounted unsubsidised renewable asset in Europe in 2017. The same year, we signed the 1st Market parity PPA in Spain.

In 2018, Our New Energy supported on more than 1GW of market-parity renewable PPAs.
That same year, Our New Energy helped sign the world's largest private solar PPA (708 MW in Iberia), the largest single PV plant in Europe (220MW in Portugal), and the first 10 years fixed price PPA in Italy for a 20MW PV plant.
Since our very beginning, Our New Energy has continued to break records and push market norms, and we are proud to have advised several of the most successful companies in this transition. 

We are looking forward to maintaining our position at the forefront of innovation and consistently setting new standards.

How we operate – Always striving for excellence

One of the things that makes us stand out is our efficient process, focused on value-creating elements in our negotiations.
We know the green transition is dependent on favourable market terms, and we believe that innovation is needed on all fronts, including structuring and designing PPAs.

Our creativity and drive to aid the transformation of the energy system stems from our in-depth understanding of the energy market and extensive experience, coupled with a deep-seated passion for our work.

As numerous new actors are entering the long-term PPA market with limited experience, and existing market participants need to understand and absorb new risks, we enable our clients to make the most of these new opportunities.
While generators and investors may be able to gather term sheets and negotiate a PPA, they might not know if they have agreed to terms that are in line with market standards, or ideally, better.

Because offtakers often have limited experience in negotiating long-term PPAs, Our New Energy can utilise our experience to identify win-win situations that the offtaker were not aware of.

Our core service is PPA transaction advisory and origination, consisting of three steps:

1. Finding the optimal PPA structure for our client. Only through an understanding of our client's needs and capabilities can we assist in finding the optimal PPA structure that suits the client.

2. Finding the right offtaker. At times, only a few select energy buyers might offer the most favourable PPA for our clients. By focusing on approaching these particular buyers, we ensure a smooth and efficient process that maximises the likelihood of success. This approach helps our clients save time and effort while securing the best possible outcome for their business.

3. Finally, negotiating and closing the PPA. It is our goal that our clients get the best possible deal. Therefore, we ensure that all options are quantified and risks are efficiently allocated.

Throughout our work, we draw on our experience, including having structured and executed +4.5 GW of market parity PPAs across Europe in a variety of structures, offtakers, financing structures, and geographies.