United States
Australia
Generation project: Broken Cross Wind Farm
Capacity: 43.2MW
Location: South Lanarkshire, Scotland
Product: CfD PPA
Customer since: 2023
“We were looking for an offtaker that could not only provide a competitive and bankable CfD offtake arrangement, but also allow us the flexibility to maximise our pre-CfD merchant revenues. SmartestEnergy were able to meet all of our requirements, and also ensured that the relevant contracts were in place to allow energisation and financial close on schedule.” - Christine McGregor, Managing Director at BayWa r.e. UK Ltd
Watch the video to learn more about the project and hear directly from the team at BayWa r.e. UK:
Our energy partnership with BayWa r.e. supports the UK’s growing green infrastructure
With the UK’s geography, including strong winds and long coastlines, wind is an amazing natural source of power that can contribute to the net zero transition.
Built on the site of a former opencast coal mine in South Lanarkshire, Scotland, Broken Cross Wind Farm is a nine-turbine transmission-connected project. Renewable energy company, BayWa r.e. UK, acquired this project in 2021, with SmartestEnergy as the commercial partner providing, a six-year Power Purchase Agreement (PPA).
New clean, green electricity capacity
BayWa r.e.’s Broken Cross Wind Farm is a fantastic addition to SmartestEnergy’s renewable portfolio. With a planned capacity of 43.2 MW, the project has the potential to supply approximately 36,900 homes every year with clean, green electricity, supporting the UK government’s renewable energy targets.
CfD PPA contract framework
Following the Broken Cross Wind Farm’s success in the Contracts for Difference Allocation Round 4 (CfD AR4), our partnership provides BayWa r.e. with a viable route-to-market based on our CfD PPA contract framework.
With a hybrid pricing structure that supports the project’s transition from pre-construction, through to the Commercial Operations Date, and finally the CfD commencement date, we are enabling BayWa r.e. to maximise the wind farm’s revenues throughout their CfD journey.
Benefitting the community and nature
During construction, the restoration and preservation of the land was a priority. The goal was to create habitats for a variety of plant and wildlife species to thrive.
There will also be an annual community benefits package of £5,000 per installed megawatt, shared between the communities of Coalburn, Lesmahagow, Douglas Water and Rigside. Additionally, BayWa r.e. has worked closely with local representatives to set up the benefit funds in ways that will respond to the individual needs of each community. The fund will amount to circa £6 million during the operational lifecycle of the project.
Championing smarter energy
Through partnerships like this and our growing PPA portfolio we can continue to enhance our renewable supply product offering and connect more and more customers to UK independent generators like BayWa r.e. Together, we’re supporting important steps towards the UK’s net zero goal and continuing our mission to champion greener, smarter energy for generations.
“BayWa r.e shares our vision to drive positive change in the system and transition to net zero. With close collaboration, we were able to overcome various complexities and find innovative solutions to meet their requirements.” - Robert Groves, CEO, SmartestEnergy Limited