Megawatt Mosaic (MM) has now signed an Employment Contract with Helen Passfield (BA CIMA) for the role of Managing Director. Cedric Berard moves to Chairman, Isabel Prat (LLM Commerical Law, Master in Legal Practice) joins as Director.
Here, Helen talks about her experience in renewables dating back to 2010, with some of the most prestigious names in the sector, including Lightsource, Impax, Octopus, Blue Tree and Allianz, and how she sees MM developing in the first three years:
MM is now due to deploy into the first 10 projects, in partnership with other investors and operators, including our main partner, Suncap SL, which has been developing Solar and Bess Projects since 2019 with a 92% success rate to onward sale. In addition, MM has received an offer letter for 100% of construction finance for 30% ownership, for projects that we choose to retain and construct using the BOOT Model (Build Own Operate Transfer).
MM is targeting a 28 Project Development Pipeline in Year 1, although this will expand with its partners involvement, capitalising on the intermittency of renewables, especially wind. You can see the volume of offshore wind due to come on link below:
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Yours Sincerely,
Nicholas Dimmock
Head of Investor Relations
Megawatt Mosaic Ltd