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Strengthening the UK's renewable energy supply with Blackfinch Energy
Our partnership with Blackfinch Energy supports continued investment in renewable energy projects, paving the way for a faster transition to clean energy.
Blackfinch Energy’s renewable portfolio
Sustainable infrastructure investor, Blackfinch Energy, have demonstrated their unwavering commitment to a net zero future through a PPA partnership with SmartestEnergy. Over several years, SmartestEnergy has provided Blackfinch with a secure and reliable route to market for its portfolio of onshore wind and solar PV assets. And, with a total capacity of 54MW, this portfolio generates enough clean electricity to power over 30,000 homes annually.
With a shared vision to strengthen the UK’s renewable energy supply and empower a greener generation, we're proud to partner with a forward-thinking investor like Blackfinch.
Through our PCG-backed PPA contracts, we serve as a creditworthy, bankable partner, offering Blackfinch a stable and reliable route to market for their investments, whilst ensuring security for their investment clients.
Through our Framework PPA product, Blackfinch benefits from a balance of stability and flexibility, enabling them to strategically schedule price-setting opportunities within a simple framework structure. This approach allows Blackfinch to take advantage of market movements and optimise their assets' revenues while maintaining simplicity and control.
In 2023, we expanded our successful ongoing partnership with the signing of two new Power Purchase Agreements for new solar projects: the 8.9MW Bryngolwg solar farm in Wales and the 24MW Horsey Levels solar farm in Somerset.
Building on years of collaboration, these pre-construction PPAs have expanded our joint renewable portfolio, bringing a total of 54MW of clean energy capacity to the UK market.
Energised in April 2024, the Horsey Levels solar farm was the first project made operational under the National Grid's acceleration scheme.
The National Energy System Operator's Technical Limits Programme was rolled out to streamline the integration of renewable energy into the national grid, and we are pleased to have provided a route to market for the first site under this innovative scheme, marking a significant step towards a cleaner energy future.
Power Purchase Agreements are an important part of our strategy to create value for retail investors. Investing into energy infrastructure takes careful management of risk around energy pricing, to understand the impact on investor portfolios both now and in the future.
Investment Director at Blackfinch Energy
We're proud to partner with a forward-thinking investor like Blackfinch, and this latest collaboration further strengthens a long-standing relationship, with several successful PPA deals. With close collaboration, we act as a stable and reliable partner, supporting Blackfinch's continued investment in renewable projects by providing a viable route to market as they demonstrate their unwavering commitment to a sustainable future.
Head of Generation Sales at SmartestEnergy
Would you like to find out more?
Contact our expert team to explore how you can secure a route to market with a PPA.
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