Trailstone Expands Renewable Footprint: Pioneering Aggregation Services for 10 MW Solar Asset in Portugal, Spearheading Market Access and Risk Management

A leading energy and technology firm has initiated aggregation services for a 10 MW solar photovoltaic (PV) asset situated in southern Portugal. This marks Trailstone’s inaugural venture into the Portuguese market.

Trailstone is facilitating physical route-to-market services for the asset, leveraging its market access, trading infrastructure, and proprietary renewables optimization platform to handle balancing risk and power sales on the OMIE power exchange. These services align with Portugal’s ambition to derive 85 percent of its electricity from renewable sources by 2030, aiding in mitigating market risk and enhancing returns for renewable energy assets. Consequently, this makes such assets more appealing for investment and bolsters further development in renewable energy.

Gonçalo Ferreira, Director of Origination Iberia at Trailstone Group, remarked, “We take pride in establishing our presence in Portugal and delivering aggregation services supported by our sophisticated proprietary risk management and energy trading optimization platform. This marks a significant stride in solidifying Trailstone’s footprint in the entire Iberian market.”

With operations spanning 20 countries across Europe, North America, and Asia, Trailstone commenced its services in the Iberian market in 2023. It provides a range of solutions aimed at assisting renewable asset owners and managers in risk reduction and return optimization, encompassing market access services, imbalance risk management, short-term PPA structures, and the acquisition of guarantees of origin.