SSE Energy Markets has signed 10-year power purchase agreements (PPAs) with investment firm Capital Dynamics for electricity generated by the Garbet and Lairg 2 onshore wind farms in Scotland, the companies said on Wednesday.
The two wind farms, with a combined installed capacity of 95.7 megawatts (MW), are scheduled to enter commercial operation in late 2026. Both projects were initially developed by German renewables company Energiekontor and are now owned by Capital Dynamics.
The PPAs are in addition to existing Contracts for Difference (CfD) awarded to the projects, and will see SSE Energy Markets provide route-to-market and optimisation services, including the management of balancing risks and charges at a fixed price. The agreements also include a fixed price for Renewable Energy Guarantees of Origin (REGO) certificates over the term of the contracts.
“Partnering with Capital Dynamics and Energiekontor on these projects highlights our expertise in risk management and value optimisation for renewable assets through our best-in-class route-to-market services,” said Gordon Bell, managing director at SSE Energy Markets. “This deal builds on our growing third-party portfolio and reinforces our position as the partner of choice for generators of this type.”
Barney Coles, senior managing director and co-head of clean energy at Capital Dynamics, said the agreement will contribute to the UK’s clean energy ambitions.
“We’re pleased to partner with SSE Energy Markets and Energiekontor as we deliver clean, low-cost and domestically sourced electricity for the UK,” Coles said. “Strong corporate partnerships between investors, developers and utility companies are crucial for advancing the UK’s position as a global leader in renewable energy and for meeting national carbon reduction goals.”
Energiekontor CEO Peter Szabo added: “We are delighted to have arranged long-term power purchase agreements for the two wind farms on behalf of Capital Dynamics with SSE. They strengthen the expansion of renewable energies and contribute to a more sustainable energy supply.”
The agreements add to SSE’s growing portfolio of third-party renewable offtake deals and support broader efforts to accelerate the UK’s energy transition.
