Low Carbon Group Announces Balancing PPAs with ElectroRoute for UK Solar Projects
Deal News | Apr 30, 2025 | Low Carbon Group Ltd
ElectroRoute and Low Carbon have announced the signing of four balancing Power Purchase Agreements (PPAs) for 140 MW of solar projects in the UK. These projects, which include Birch Solar Farm, Sandon Brook Solar Farm, Fern Brook Solar Farm, and Long Meadow Solar Farm, are part of Low Carbon's efforts to expand renewable energy in the UK. ElectroRoute, a leader in energy trading, will provide 24/7 market access and trading services to optimize these solar assets, contributing to UK climate targets by powering nearly 50,000 homes annually. The agreements signify a strategic collaboration aimed at bolstering the UK's renewable energy capacity while aiding its transition to a net-zero future.
Sectors
- Renewable Energy
- Energy Trading
Geography
- United Kingdom – The solar projects and agreements are located in the UK, contributing to the country's renewable energy targets and decarbonisation efforts.
Industry
- Renewable Energy – The article is centered around solar projects which are part of the renewable energy sector, particularly focusing on power purchase agreements for solar energy in the UK.
- Energy Trading – ElectroRoute is providing energy trading services through PPAs, highlighting their role in energy markets and the management of renewable energy assets.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Low Carbon Group Ltd. | Owner and Operator of Solar Projects | Company | A renewable energy company and leading developer of large-scale solar projects in the UK. |
| ElectroRoute | Provider of Energy Trading Services | Company | A leading energy trading and services company partnering with Low Carbon through PPAs for solar projects. |
| Brian Kennedy | Head of Client Origination | People | Brian provided comments about the collaboration between ElectroRoute and Low Carbon. |
| Marco Verspuij | Head of Power Management | People | Marco commented on the significance of the partnerships in achieving decarbonisation goals. |