Lynher Energy Secures Corporate PPA for UK Solar Farm
- Secure your energy future with Lynher Energy's Twitch Hill solar farm, providing predictable cash flows for 15 years with a UK-based FTSE100 company. Construction underway, operational by September 2024.
Lynher Energy, a joint venture between Ethical Power and Napier Park Global Capital, has secured a corporate PPA for its 27 MW Twitch Hill solar farm in England. The agreement with a UK-based FTSE100 company will cover 100% of the project's output for 15 years, providing predictable cash flows. Construction of the solar farm, located on 36 hectares of land in Shropshire, has already begun and is expected to be operational by September 2024.
Ethical Power is serving as the EPC contractor for the Twitch Hill project and will also provide O&M services post-commissioning. Lynher Energy acquired the development in April 2023 and secured financing for the project later that year. This move highlights the growing trend of corporate PPAs in the renewable energy sector as companies seek to secure clean energy sources for their operations.
What company has Lynher Energy secured a corporate PPA with for its Twitch Hill solar farm?
- Lynher Energy has secured a corporate PPA for its Twitch Hill solar farm with a UK-based FTSE100 company
- The PPA will cover 100% of the project's output for 15 years
- Construction of the solar farm is already underway and is expected to be operational by September 2024
- Ethical Power is serving as the EPC contractor for the project and will provide O&M services post-commissioning
- Lynher Energy acquired the development in April 2023 and secured financing for the project later that year
