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A reliable route to market for 425MW solar power with Foresight Solar Fund
Partnering for sustainable growth, we offer Foresight a viable route to market for their solar portfolio, harnessing the power of the sun to deliver clean energy.
The Foresight Solar Fund
The Foresight Group is a sustainability-led investment manager, on a mission to create a resilient, decarbonised world. Over the years, the Foresight Solar Fund has continued to grow its portfolio in the UK and abroad with over 60 solar and battery assets globally.
SmartestEnergy have maintained a strong partnership with Foresight for over a decade and are pleased to provide a route to market for 23 of their solar sites, bringing 425MW of solar capacity to the market using our Framework PPA product.
Situated across the UK, Foresight’s 23-site portfolio boasts a capacity of 425MW, harnessing the power of the sun to generate enough power to supply over 155,000 homes annually with clean, green electricity.
As the drive towards net zero encourages greater investments into renewable energy, we are pleased to offer Foresight a reliable route to market that suits their needs.
In partnership, we are working together to drive positive change in the system and empower a greener generation.
Using our Framework PPA product, Foresight have access to greater hedging opportunities, allowing them to optimise revenues by fixing the power value for future periods of their choosing.
This product also enables Foresight to take advantage of market movements swiftly and flexibly across their multiple sites by selling power for different sites at different times and prices with a simple, low-risk approach.
Using our online platform, The Source, Foresight can access live market prices and regular market commentary so that they can follow market trends and insights to inform their selling decisions and maximise their portfolio’s value.
Coupled with the dedicated support of our UK based account management team, Foresight can concentrate on their core business with confidence.
Our longstanding partnership with Foresight offers a stable route to market backed by a robust partner they can trust.
Our long-term stability and financial backing from our parent company, Marubeni, enable us to confidently assure that we can meet all contractual terms for the full contract duration, providing security to Foresight and its investors.
Together, we are committed to expanding the UK’s renewable energy supply and advancing our shared goal to deliver a sustainable future.
Being able to hedge power prices ahead of time and smooth out some of that market volatility with SmartestEnergy is a key component of our strategy. This gives us better revenue visibility and, ultimately, helps ensure we’re able to provide the income our shareholders seek.
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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