Vidi Energy and Renewable Risk Advisers sign a new Memorandum of Understanding

Vidi Energy are pleased to announce a newly signed memorandum of understanding (MOU) with Renewable Risk Advisers (RRA).

RRA is a specialist risk management consultancy and insurance broker with an unparalleled depth of experience of risk mitigation in the renewable energy and energy efficiency sectors.

During a recent RenewableUK event in London, Robert Speht, CEO of Vidi Energy, met with Michael Bullock, Director of RRA, to discuss future plans of collaboration.

During their meeting, an MOU was signed with the intention of working together on the protection of intellectual property rights, as well as ongoing risk management for Vidi Energy’s contracting to include identification, reduction and mitigation. 

The collaboration of the two companies brings RRA’s extensive experience of risk management to Vidi Energy’s scale-up and build-out mass production for ready-to-float turbines, resulting in a safe and attractive prospect to investors.

Both Vidi Energy and RRA are looking forward to working closely together on an ongoing basis.