CWP Energy has established a route-to-market power purchase agreement (PPA) with SSE Energy Markets for its Aikengall 1 wind farm located in East Lothian, Scotland. The two-year agreement covers the 48MW facility, which features 16 turbines that became operational in 2009.
Under the terms of the agreement, SSE Energy Markets will optimize the asset on behalf of CWP Energy, enabling the company to benefit from market-reflective prices while mitigating exposure to market fluctuations. Additionally, SSE Energy Markets will manage the power and associated environmental certificates, including Renewable Energy Guarantees of Origin (REGOs).
Gordon Bell, Managing Director of SSE Energy Markets, emphasized the company's commitment to delivering high-quality route-to-market services. He stated, “Within SSE Energy Markets, we have a growing focus on delivering best-in-class route to market services and bringing an independent value add to the Group. This agreement with CWP Energy is a clear example of our approach, with a flexible structured route-to-market PPA designed to best meet the generator's requirements. We look forward to working with CWP Energy to optimize the wind farm at Aikengall, bringing our expertise to these important assets.”
Rod Wood, Managing Director of CWP Energy, expressed confidence in the collaboration, noting, “SSE Energy Markets is one of the biggest names in the electricity market, and their offer here was compelling, so it made perfect sense for us to diversify our customer base by placing the PPA for one of our biggest wind farms with SSE Energy Markets. The depth of knowledge within their delivery team made completing the transaction incredibly easy, and we are very much looking forward to building this relationship over the years to come.”
