Although TTR undoubtedly has a penchant for wind farms, it has also been making waves in the solar market. Back in 2013 the company set foot in the photovoltaic business by acquiring the so-called Belfuture project, located in Waregem, Flanders.
When TTR got wind that the regulatory environment in the region changed and the project’s developer saw himself forced to sell its 4MW solar panel installation powering the Balta Plant, they directly seized the opportunity.
“Our team keeps a close ear on the market. In the constantly changing world of renewable investment it is crucial for us to be able to spot the right opportunity at the right time”, Gauthier says. Since then, TTR has been profitably running the operation, exceeding all financial expectations. The company not only spotted a gap in the market and delivered a quick deal, but also optimised Belfuture’s internal management structures and made it fit for future expansions.