Low Carbon Deepens Partnership with SmartestEnergy for UK Solar Expansion

Low Carbon, a private equity firm focused on renewable energy, has strengthened its partnership with SmartestEnergy through new long-term Power Purchase Agreements (PPAs) that provide a route-to-market for 300 MW of solar capacity in the UK. These agreements are structured under the UK Government's Contracts for Difference (CfD) scheme, a critical element in supporting the nation's goal to transition to net zero emissions. The collaboration between Low Carbon and SmartestEnergy, which began in 2013 under the Renewables Obligation scheme, now spans multiple solar PV projects across the UK's Allocation Rounds 4 and 5. With most of the AR4 assets either onboarded or soon to be, and scheduled starts for the CfD PPAs in July 2025 and April 2028, these measures reinforce Low Carbon's strategy as a next-generation power provider and aid in managing price risks. Representatives from both companies expressed their commitment to advancing the UK's energy transition through these agreements. Meanwhile, SmartestEnergy continues to offer tailored services for renewable energy markets, reinforcing its role in facilitating the shift to cleaner energy sources.