?? We’re pleased to announce EDF Business Solutions and?EDF Renewables UK & Ireland?have signed two Corporate Power Purchase Agreements (#CPPAs) with?Tesco, the UK's largest supermarket chain and BAE Systems, provider of some of the world’s most advanced defence, aerospace and security solutions.
Tesco and BAE Systems are two of three offtakers, who will buy the entire generation of EDF Renewable UK's 102MW Stranoch wind farm, located in Dumfries and Galloway, Scotland.?The commitment from these corporate buyers allowed for a positive investment decision in the wind farm, enabling the construction of additional renewable generation to the UK.
This marks a key milestone in accelerating Scotland’s journey to a Net Zero future, with the wind farm due to become operational in late 2026. Both Corporate #PPAs have been facilitated by the EDF Business Solutions PPA team, who are providing power balancing and shaping services to enable the energy transfers.
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Matthew Nunn, Director of EDF Business Solutions commented: "These two Corporate PPAs will utilise EDF’s unrivalled energy market knowledge and expert trading capabilities to facilitate the energy transfer to both Tesco and BAE systems, providing access to clean and affordable energy.?It is great to see two strong and successful UK businesses supporting the build of large renewable assets and making such big commitments to progress their journeys to Net Zero.”
Find out more here ?? https://lnkd.in/eKYDfH78
#CPPA #AcceleratingNetZero #OnshoreWind #RenewableEnergy #Scotland
Construction has started this week on our newest wind farm: Stranoch, a 102MW wind farm in Dumfries and Galloway.
We're working with local and Scottish businesses, where possible, to build the wind farm. This includes civil contractors RJ McLeod for the enabling works and family-run I & H Brown Ltd for the civil engineering works.
When operational, more than £500,000 a year will be injected back into local projects and initiatives through a dedicated Community Benefit Fund. This amounts to at least £15 million investment into the local area over the wind farm's 30-year lifespan.
Corporate Power Purchase Agreements (CPPAs) have been signed with Tesco and BAE Systems in partnership with EDF Business Solutions to purchase a proportion of the clean energy generated by the wind farm, with a third CPPA to be announced soon.
Read more at https://lnkd.in/eKYDfH78
Pictured is our Pearie Law wind farm.
#OnshoreWind #Scotland #RenewableEnergy #CPPA
Congratulations, Luke!