How Corio structured risk to support a net-zero energy system

Introduction

Corio Generation is one of the world’s leading offshore wind developers, with a diverse portfolio spanning the UK, South Korea, Brazil, and beyond. The company brings together deep industry expertise and long-term capital to deliver clean, green, and reliable offshore wind energy at scale.

Specializing in both fixed-bottom and floating wind technologies, Corio operates across established and emerging markets—helping countries transform their economies while meeting the energy needs of communities sustainably, safely, and responsibly. From origination to operations, Corio is building a net-zero global energy system driven by innovation and grounded in local impact.

By implementing Predict!, Corio transformed its risk management from fragmented and manual to structured and strategic. With better visibility and control, the company can now stay focused on what matters most—accelerating the clean energy transition through offshore wind.

The challenge

As a fast-growing startup, Corio had the advantage of a clean slate—but that came with its own complications.

“The great thing about Corio is because it is a startup, we don’t have a lot of legacy,” said Mark Ansell, Head of Procurement Development. “But if you go back 12 to 14 months ago, people were just executing contracts and signing things to get the business up and running.”

The result: a year later, those quick decisions had to be restructured. Risk was tracked manually across spreadsheets, creating silos and limiting visibility into project health. Processes were fragmented and inconsistent—making it hard to scale with confidence.

Corio’s leadership knew they needed a better foundation: a system to centralize risk data and support smarter, faster decisions.

The solution

Together, Predict! Risk Controller and Risk Analyser gave Corio the ability to understand and improve confidence in delivering their projects on time and on budget—meeting key objectives in support of global renewable energy targets. The platform offered the structure and insight Corio needed to scale its operations while staying aligned to its mission of building a net-zero global energy system.

“Our business requires comprehensive risk management across our portfolio of offshore windfarm projects. As Corio has matured as an organization, we have moved away from individual spreadsheet-based risk registers and procured a web-based risk management system. Following an extensive review of the marketplace, we chose [Predict!] as our partner,” said Alex Ward-Gittos, Head of PMO.

Predict! now serves as Corio’s enterprise-wide hub for managing risks and actions. Its integrated quantitative cost and schedule analysis provides vital understanding of cost and delivery confidence, while the interactive dashboard enables insightful risk conversations with stakeholders to determine the most effective mitigation strategies.

“The tools and technology we’ve brought on . . . have helped put everything into a structured environment from which we can make better future decisions,” said Ansell.

The results

Predict! has transformed how Corio manages risk—replacing fragmented spreadsheets with a centralized, enterprise-level platform. This structured environment gives teams the clarity and control they need to deliver complex offshore wind projects on time and on budget. 

With Predict!, Corio’s teams are now more empowered to identify, assess, and address risks proactively—ensuring alignment with both financial targets and sustainability goals. Most importantly, the company can stay focused on what matters most: building a net-zero global energy system, without being slowed down by inefficient, manual processes.