Welcome back to The Pexapark Podcast! In this special edition, we explore how next-generation Independent Power Producers (IPPs) are evolving beyond development into active commercial and operational players.

In this episode Luca Pedretti sits down with Joanna Ellis, Chief Commercial Officer at Nadara, to discuss how the company – formed in 2024 through the merger of Renantis and Venti and Energy – is shaping the IPP-plus model. With over 4 GW of capacity across nine European markets, Nadara is expanding from onshore wind into solar and offshore wind while managing revenues end to end through in-house trading, origination, analytics, and risk management.

Enjoy a discussion on themes including:

The evolution from developer to “IPP-plus”: owning, operating, and optimizing assets for long-term value
Building in-house commercial capability – origination, analytics, risk, and trading desks
Managing physical dispatch in the UK, Italy, and Spain within strict risk frameworks
Creating a single source of truth through digital and risk management platforms
Evolving the team: 50+ commercial specialists and growing IT partnerships across the business
Navigating the future revenue stack – corporate vs. utility PPAs, merchant exposure, and portfolio-level management
How Nadara differentiates through scale, in-house expertise, and strong shareholder alignment

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